Author |
Message |
bruce wellington (Bws88tr)
Intermediate Member Username: Bws88tr
Post Number: 1114 Registered: 4-2002
| Posted on Wednesday, November 06, 2002 - 11:12 am: | |
thanks monk..the sauce comes bottled from ed gaults basement bruce |
djmonk (Davem)
Junior Member Username: Davem
Post Number: 115 Registered: 1-2002
| Posted on Wednesday, November 06, 2002 - 11:06 am: | |
Bruce I want some of that sauce you have!? You look damn good for 84, speaking as a happy heterosexual! J/k have a great day! |
Mr. Doody (Doody)
Member Username: Doody
Post Number: 576 Registered: 11-2001
| Posted on Wednesday, November 06, 2002 - 11:06 am: | |
yup, due diligence is key. get good advisors (lawyers, accountants, etc.). there's no real handbook for due diligence - you review the obvious and then start to look for the distinctive weird stuff - and there's ALWAYS distinctive weird stuff ;-) good luck. doody. |
bruce wellington (Bws88tr)
Intermediate Member Username: Bws88tr
Post Number: 1113 Registered: 4-2002
| Posted on Wednesday, November 06, 2002 - 11:00 am: | |
william in my experience owning a business and being in a family business for 84 years, your first step is to secure a great accountant and go over the books of the company for the last 10 yrs, checking all profit/loss statements, cash flow, bankruptcies (sp), any irs problems, and do a dunn and bradstreet on them, first do that before you get your balls in an uproar..email me if you need any help.. regards, bruce |
Rob Lay (Rob328gts)
Board Administrator Username: Rob328gts
Post Number: 2645 Registered: 12-2000
| Posted on Wednesday, November 06, 2002 - 10:28 am: | |
Too many to list... 1) expected ROI? 2) good management track record? 3) competitive environment? 4) will you be on the board? 5) legal environment? |
William H (Countachxx)
Intermediate Member Username: Countachxx
Post Number: 1552 Registered: 2-2001
| Posted on Wednesday, November 06, 2002 - 10:23 am: | |
I have a business opportunity available to me to buy a large share of a small Co for less than $300k. Any thoughts on what dangers to look for ? Thanks |