What are typical questions Business Buyer’s ask?

By Hoke - Last updated: Sunday, August 1, 2010 - Save & Share - Leave a Comment

1. What is the age of this business?
2. What are the Revenues for the previous three years?
3. Are the Revenues and Profit shown on the Financial Statements and Tax Returns?
4. Will the Financial Statements and Tax Returns correlate with the Bank Statements?
5. If no to #3 and #4 above, how can the Business Seller prove the Discretionary Income?
6. What is the Rent?
7. What is the status of the lease?

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