How to deal cash jobs in Residential home services businesses ?

by a searcher from University of Engineering and Technology Lahore

1 year ago

Cash jobs are very common in Residential home services businesses. What are the best practices to deal with them during due diligence and after acquiring the business?

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searcher from Symbiosis International University

You do not eliminate, you either decide to buy the business or walk away, depending on the risk exposure/$ amount of cash transactions. You will not be able to prove these transactions in QofE, so it is a risk factor.

11 months ago | like reply | 1 like

searcher from University of Engineering and Technology Lahore

Thank you for your response. Any suggesstions How to eliminate cash jobs culture in a business? , I noticed most of the home services business owners offer a discount to customer if they pay cash but then they don't issue an invoice.

1 year ago | like reply | 0 likes

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