Business Pre-Purchase Checklist

  • We require, if possible, Profit & Loss results for at least the last 3 years.

  • We require, if possible, Balance Sheet reconciliations for at least the last 3 years.

  • Are “Contractors” or “Sub Contractors” involved in sales?

  • What are the “Contractual Arrangements”?

  • Are they reliable?

  • Would the Business be under pressure if they ended their involvement in production?

  • Is Licensing required?

  • Would it take time to get the Licence approved, and is it possible it would be declined after considerable effort?

  • Is Professional Indemnity Insurance required? What is the cost?

  •  Is Public Liability Cover required? What is the cost?

  • Are these insurances getting harder to obtain?

  • What are the “Excesses” on these policies?

  • Are “Specialist Qualifications” required in the operation of the business?

This is the first page of our comprehensive Business Pre-Purchase Checklist.

If you would like further information or support contact our office on 07 3862 2399.

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