
What is due diligence and how to do it
David C Barnett Small Business and Deal Making M&A SMB
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Do You Have a Good Due Diligence Process?
You're going to want to have a very recent purchase invoice or maybe even be able to go out and find pricing information if you can online. If it's a particularly discretionary type of business, like maybe if it's a restaurant or something like that, you may not be able to increase your prices at the same rate that the costs are going up. You want to know that before you buy the business. And so, and I also had margins there. How have margins changed exactly, right?
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