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Before the buyer of your business proceeds too far in the process, they will investigate your company. That process is called “due diligence.”
Buyers try to leave no stone unturned and will request a lot of information about your business. How well and how long it takes you to provide the requested information will have an impact on the purchase price and the buyer’s perception of your business and the strength of its operations.
Therefore, being organized allows you to respond much more quickly. Let’s discuss the due diligence checklist and how you should be prepared to maximize your price.
– Ralph J. DiLeone, The DiLeone Law Group, PC