When acquiring a business, often the due diligence checklist is not enough. Often you must inquire further with specific questions relating to the business.
Start with a brief introduction and round table of those attending the meeting.
Discuss some questions about selling the business.
Why are you selling the business?
Have you attempted to sell before?
Discuss some questions about the business.
Do you have a business plan we can access?
How easily have competitors entered or left the market?
What is the business model, and how complex is it?
Do you have an organizational chart we can access?
Do you have an online data room?
What is on your disclosure schedule?
✅ Action items
What are the next steps? What are the action items?
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