Financial Due Diligence When Buying A Business (MADE SIMPLE)

So you’ve got an acquisition deal under contract. Now what? The clock is ticking. You have a 30-day or 60-day window to do all due diligence required to buy a business. There are 5 types of due diligence when buying a business. In today’s video, I will cover financial due diligence and how to best prepare for a successful acquisition.
#HowToBuyaBusiness #BuyingABusiness #LeoLandaverde
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Click on the link below to download my popular CASH FLOW CALCULATOR FOR BUSINESS PURCHASE TOOL:
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Click on the link below to download a copy of my BUYER DUE DILIGENCE CHECKLIST:
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[@LeoLandaverde]

Want expert acquisition advisory from a business broker?
APPLY to The Business Acquisition Mastery Program:
2zrpopdjp36.typeform.com/to/g3HYINLo?typeform-source=businessacquisitionmastery.com
Click on the link below to download my popular CASH FLOW CALCULATOR FOR BUSINESS PURCHASE TOOL:
leo97eda0.clickfunnels.com/optin1704493342844
Click on the link below to download a copy of my BUYER DUE DILIGENCE CHECKLIST:
leo97eda0.clickfunnels.com/checklist60466511

[@nakapreneur7003]

Hi mate ,
I have a house worth $1.1million currently its got $250k in equity to spend .Am planning on purchasing either a Charcoal Chicken business or butcher which are making $25k to $30k revenue and $5k to $7k a week net profit after expenses .My question is it essy to get a business loan with house with that much equity.The businesses am looking at are around $300k to $500k asking price

[@LeoLandaverde]

If you’re looking to purchase an existing profitable business, you could get a SBA loan for 90% of the purchase price and you put 10% down. You will have to use some of the equity on the property as a guaranteed for the loan. That’s the short of it. Do you have experience running these types of businesses?

[@black12212]

Who can I hire to do due diligence when I buy a business?

[@LeoLandaverde]

a CPA, enrolled agent, MBA or financial analyst. And reality anyone who has conducted due diligence in the past.