Originally Posted by grassmasterswilson
So I'm meeting with another business owner about buying his business. I'm wondering what info you would expect to see or take home at the first meeting.
Obviously I will want to run the numbers so I was thinking I would need the following.... detailed client list showing sqft, what apps done, and price per app(not looking for names or addresses for now, just enough info to run numbers against my overhead), last few years balance sheet?,
What else would you want to see or expect him to offer?
tax returns for last five years and any contracts he has. Are you buying the business and continuing with the business name, or buying the assests and accounts?