What is due diligence and how to do it.

professional profile

March 15, 2023

by a professional from Bishop's University in Moncton, NB, Canada

The investigation you know will likely FAIL!

This week, I answer a question about how to do due diligence when buying a small business.

I answer, then tell you why it likely won’t be a success and what smart buyers do about that.

Watch here now: https://youtu.be/CaudTeAkWWQ



2
6
101
Replies
6
commentor profile
Reply by a searcher
from Fort Hays State University in Wichita, KS, USA
Some good insight here on buying distressed businesses David. I would say that one of the most difficult parts of buying a distressed business in the timing. It's tough to tell when a business is distressed (from the outside). Many times you don't find out about the distressed business until after they have already taken action to close the business and just walk away. If there is a way to tell when a business is distressed but not so far along that it's not "savable", that seems to be a much better time to take action for this type of business.
commentor profile
Reply by an intermediary
from Brigham Young University in St. George, UT, USA
Loved the idea of someone somewhere taking a loss. If its distressed, someone has to take some what of an L,
commentor profile
+4 more replies.
Join the discussion