if you get the records for a business that you are about to buy and you do the due dilligence
process
does that give you a good idea on how the business might do
and if the records are good is there a good chance
of making money?
2007-03-12 15:53:50 · 3 answers · asked by Anonymous in Business & Finance ➔ Small Business
The records should show that the business is making money. Show the books to another business person and if they look good show them to an accountant.
2007-03-12 16:02:10 · answer #1 · answered by JIMINEY 1 · 0⤊ 0⤋
It certainly help to know the business has been doing well but there will still be some risk involved.
2007-03-12 23:10:53 · answer #2 · answered by Chris P 3 · 0⤊ 0⤋
check any place you could find info about the business:
better business bureau
internet searches
credit checking
etc.
2007-03-12 22:57:12 · answer #3 · answered by Webber 2 · 0⤊ 0⤋