2007-03-07 03:44:40 · 3 answers · asked by Anonymous in Business & Finance ➔ Small Business
1) Records can be faked
2) What's the outlook for the region / area? Any upcoming competitors, changing area demographics (i.e. clientele), and so on? Local economic indicator changes?
There's always lots of considerations when making an investment.
How about existing staff? Do they continue with same terms or will you clean house? Are they really replaceable?
2007-03-07 04:23:27 · answer #1 · answered by Kasey C 7 · 0⤊ 0⤋
Have an accountant look over the financials...they will be able to run some ratios and tell you about the overall health of the business. Financials may look good in the beginning but may not be as good as originally thought.
2007-03-07 11:55:12 · answer #2 · answered by miztiffany 3 · 0⤊ 0⤋
Nothing about business ownership is safe. There is always risk involved.
2007-03-07 13:03:00 · answer #3 · answered by NC 7 · 0⤊ 0⤋