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Just Elementary, Inc. » Entries tagged with "Tax Returns"

Small Business Due Diligence – Verifying Seller’s Tax Returns via IRS 4506

Small Business Due Diligence – Verifying Seller’s Tax Returns via IRS 4506

When trying to buy a small business, it is important to do your Due Diligence to gauge the suitability of the business to your needs, and to make you are paying the appropriate price for the business.  One important step is to verify the tax returns that have been filed by the owner of the business.  Of course, if the seller hands you copies of the Tax Returns, should you just automatically assume that they … Read entire article »

Filed under: Business Tips, Due Diligence

Nuts & Bolts to Due Diligence

Nuts & Bolts to Due Diligence

  What are the nuts and bolts of doing Due Diligence on a Business Opportunity? Of course this answer varies from business to business. In this post, we will discuss doing due diligence on B2B (Business to Business, i.e. Non-retail) businesses, such as manufacturers, service businesses and Distribution businesses. Naturally, you need to consult with legal and financial professionals in the process of doing due diligence, and even before you start. This post is informational in nature, … Read entire article »

Filed under: Business Tips, Due Diligence, Negotiation