Getting A Clear Picture When Buying Or Selling A Business
A major part of due diligence is information gathering. Once you have the information, you will need to understand what it means in relation to your specific transaction. A seasoned guide can offer valuable insight as to how that information relates to your goals.
At Brick Business Law, P.A., we have extensive experience with performing due diligence. Meet with a member of our team to get more information about how we can help in a free consultation. Call 813-280-0266 / 727-291-7725 to set up a meeting.
Understanding Income, Debt, Risks And Benefits
When buying or selling a business, a great deal of research is involved to ensure that valuations are correct, and income and debt are understood. We work to ensure that you know the risks and benefits of the deal before the sale is finalized.
We can help you plan; structure and conduct; and evaluate due diligence investigations. Our assistance is tailored to your needs. We know that due diligence is not a one-size-fits-all service. Your needs will be different if you are buying or selling and in relation to the industry and the business itself.
We can help with:
- All financials, including income and debt, related to the business
- The full scope of employees and their roles, contributions and related benefits
- Binding agreements such as noncompete, nonsolicitation and restrictive covenants
- Property holdings, tangible and intangible assets
- Intellectual property, trade secrets
- Market niche, competition
- Elements of brand, including copyright, trademarks and patents where applicable
- Insurance and liability coverage
- Any and all contract disputes, fraud or compliance issues
Our operational due diligence investigation involves a deep dive into the business, including those employees who are instrumental to the operation of the business, the exact condition of the business’s assets and inventory, and a host of other pertinent details. The mission of our extensive review is to procure accurate information so that you have a clear understanding of what you are selling or buying.
Work With Experienced Business And Legal Professionals
Our team is experienced in a broad base of business transactions. Members of our team have extensive business backgrounds and education. Whenever prudent, we partner with financial professionals such as CPAs to ensure we obtain the most accurate financial picture for you. Call 813-280-0266 / 727-291-7725 to set up a complimentary consultation. You can also reach out to our team via website email. We serve the due diligence needs of clients throughout the Tampa Bay area.