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	<title>Businesses for Sale - The Business Place &#187; Due diligence</title>
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		<title>Partial due diligence check list</title>
		<link>http://blog.thebusinessplace.com/due-diligence/partial-due-diligence-check-list/</link>
		<comments>http://blog.thebusinessplace.com/due-diligence/partial-due-diligence-check-list/#comments</comments>
		<pubDate>Thu, 25 Mar 2010 15:38:00 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Due diligence]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=1968</guid>
		<description><![CDATA[You would like to buy a business and need to conduct your due diligence &#8211; what do you need to look for?  Everyone looks at different items but here is a partial list of some of the many things that you should look at:
 

 existing lease agreement
any lease obligation including any vehicles used by the owner [...]]]></description>
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		<title>What do you look for when doing due diligence when you buy a business?</title>
		<link>http://blog.thebusinessplace.com/due-diligence/what-do-you-look-for-when-doing-due-diligence-when-you-buy-a-business/</link>
		<comments>http://blog.thebusinessplace.com/due-diligence/what-do-you-look-for-when-doing-due-diligence-when-you-buy-a-business/#comments</comments>
		<pubDate>Wed, 24 Mar 2010 13:28:17 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Due diligence]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=1959</guid>
		<description><![CDATA[Most if not all investors who buy a business are given the opportunity to conduct due diligence when they buy a business but many do not fully understand what this opportunity provides, when they are entitled to see and how to use the information that they have now discovered.
 
When you buy a house, many people now [...]]]></description>
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		<title>What happens when you do not do due diligence properly?</title>
		<link>http://blog.thebusinessplace.com/due-diligence/what-happens-when-you-do-not-do-due-diligence-properly/</link>
		<comments>http://blog.thebusinessplace.com/due-diligence/what-happens-when-you-do-not-do-due-diligence-properly/#comments</comments>
		<pubDate>Tue, 23 Mar 2010 13:28:37 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Due diligence]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=1950</guid>
		<description><![CDATA[Ever thought why waste your money on due diligence when you are in the process of buying a company and the old owner provided you what you thought was everything?  If you received a letter on closing stating that the old owner did not for example do something, is that good enough?  Can you rely on [...]]]></description>
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		</item>
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		<title>Buying a business &#8211; why do due diligence?</title>
		<link>http://blog.thebusinessplace.com/due-diligence/buying-a-business-why-do-due-diligence/</link>
		<comments>http://blog.thebusinessplace.com/due-diligence/buying-a-business-why-do-due-diligence/#comments</comments>
		<pubDate>Mon, 22 Mar 2010 14:09:45 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Due diligence]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=1944</guid>
		<description><![CDATA[When you found a business for sale which you want to put in an offer, you generally prepare a letter of understanding outlining the price and the conditions of what you want to buy.  Typically, a letter of understanding is a non binding document however it does talk about a deposit which is paid and [...]]]></description>
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		<title>The importance of due diligence when buying a business</title>
		<link>http://blog.thebusinessplace.com/due-diligence/the-importance-of-due-diligence-when-buying-a-business/</link>
		<comments>http://blog.thebusinessplace.com/due-diligence/the-importance-of-due-diligence-when-buying-a-business/#comments</comments>
		<pubDate>Mon, 16 Nov 2009 23:34:56 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Due diligence]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=1393</guid>
		<description><![CDATA[When you decide to buy a business you need to check to see if the information that was provided to you is accurate. The investigation of the sellers accounting and other records iscalled due diligence. This is an extremely important aspect of buying the business and too many people do not invest a lot of [...]]]></description>
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		<title>Should you do your own due diligence when buying a business?</title>
		<link>http://blog.thebusinessplace.com/due-diligence/should-you-do-your-own-due-diligence-when-buying-a-business/</link>
		<comments>http://blog.thebusinessplace.com/due-diligence/should-you-do-your-own-due-diligence-when-buying-a-business/#comments</comments>
		<pubDate>Mon, 26 Oct 2009 15:05:16 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Due diligence]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=1217</guid>
		<description><![CDATA[You are trying to buy a business and want to keep as much cash as possible for the business.  As a result, you want to avoid using professional advisers in order to save money.  You want to conduct your own due diligence.  Is that a smart move?
 
If you purchase a business and did not notice [...]]]></description>
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		</item>
		<item>
		<title>Did you find the right business for sale? Part III</title>
		<link>http://blog.thebusinessplace.com/buying-a-business/did-you-find-the-right-business-for-sale-part-iii/</link>
		<comments>http://blog.thebusinessplace.com/buying-a-business/did-you-find-the-right-business-for-sale-part-iii/#comments</comments>
		<pubDate>Fri, 13 Feb 2009 15:08:24 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Buying a business]]></category>
		<category><![CDATA[Due diligence]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=128</guid>
		<description><![CDATA[If you think that you found the right business you still have to evaluate the business itself.  This article is the third in a series of articles of suggestions on how to analyze a company.  You need to look at relationships on the financial statements such as

professional fees increased dramatically.  Does this mean that there [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Did you find the right business for sale? Part II</title>
		<link>http://blog.thebusinessplace.com/buying-a-business/did-you-find-the-right-business-for-sale-part-ii/</link>
		<comments>http://blog.thebusinessplace.com/buying-a-business/did-you-find-the-right-business-for-sale-part-ii/#comments</comments>
		<pubDate>Wed, 11 Feb 2009 18:06:56 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Buying a business]]></category>
		<category><![CDATA[Due diligence]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=127</guid>
		<description><![CDATA[Yesterday I wrote about items to look at when you are in either due diligence or looking a little more closely at a business for sale and are deciding if you should continue to the next step.  Other items to look at in your due diligence are as follows:  Please note that this is a guideline [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Did you find the right business?</title>
		<link>http://blog.thebusinessplace.com/buying-a-business/did-you-find-the-right-business/</link>
		<comments>http://blog.thebusinessplace.com/buying-a-business/did-you-find-the-right-business/#comments</comments>
		<pubDate>Tue, 10 Feb 2009 16:25:09 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Buying a business]]></category>
		<category><![CDATA[Due diligence]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=126</guid>
		<description><![CDATA[When you buy an existing business you are buying the employees, the customer base, products and/or services.  If you find a business for sale, you need to consider the following:

type of business, are you interested in this type of business?  Will you be happy in it day after day?
legal structure of business, incorporated, unincorporated, partnership, [...]]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Buying a business &#8211; what do you look for when looking at financial statements?</title>
		<link>http://blog.thebusinessplace.com/buy_business/buying-a-business-what-do-you-look-for-when-looking-at-financial-statements/</link>
		<comments>http://blog.thebusinessplace.com/buy_business/buying-a-business-what-do-you-look-for-when-looking-at-financial-statements/#comments</comments>
		<pubDate>Mon, 09 Feb 2009 15:09:16 +0000</pubDate>
		<dc:creator>Gary Landa</dc:creator>
				<category><![CDATA[Buy a business]]></category>
		<category><![CDATA[Due diligence]]></category>

		<guid isPermaLink="false">http://blog.thebusinessplace.com/?p=125</guid>
		<description><![CDATA[You find a business that appeals to you and now you need to do some preliminary review of the financial statements to see if you want to continue to the next step.  The first thing that you should do is some high level analytical review.  Analytical review is looking at trends on the financial statements [...]]]></description>
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