Q&A: Storage lockers at stadiums, fancy phone cases and overcoming a major scam. Ep. #034
The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs
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Challenges in Business Acquisition Due Diligence
The chapter explores the challenges faced by a female caller who bought a business expecting it to replace her job's income. Despite thorough due diligence involving various professionals and the Small Business Administration, the buyer discovered post-purchase discrepancies, including misleading information provided by the previous owner. The chapter also delves into similar situations where financial manipulation, employee departures, and operational hurdles were encountered post-acquisition.
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