Due Diligence Checklist
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The Due Diligence Checklist provides an outline of considerations when evaluating a business for purchase. The due diligence process is the primary framework for discovering information about a business and related assets before the purchase is completed. The information discovered during due diligence can lead to changes in negotiation strategy as well as the ultimate structure of the transaction. The checklist begins as a series of standard inquiries, and becomes increasingly detailed as more information is learned. This paper will provide an in depth look at a Due Diligence Checklist for Mr. Joe's Commercial Landscaping & Tree Trimming Service.
Corporate, legal structure
Joe's Commercial Landscaping & Tree Trimming Service business structure has recently changed from a Sole Proprietorship to a Limited Liability Company (LLC). Joe is the owner of the landscaping business, so he is the only member of the LLC. Underneath his leadership, there are 50 full-time seasonal employees that perform the daily operations of the company. Joe has filed his company's articles of organization with the state of New York, Connecticut, and New Jersey so his company can be recognized as an LLC and work in these states...