
Investigating Entrepreneurial Opportunities
A Practical Guide for Due Diligence
- 200 pages
- English
- PDF
- Available on iOS & Android
Investigating Entrepreneurial Opportunities
A Practical Guide for Due Diligence
About this book
Opening your own business is a risky proposition. Personal funds, time, energy, and opportunities are invested in owning and operating a business. Under the best of circumstances, the chance of failure is high. Under adverse business conditions, failure is nearly certain.
The best control for risk is to recognize and avoid bad purchase decisions through the process of due diligence. Due diligence comprises conducting an investigation to determine the full implications of making the acquisition of a business. During the process of due diligence every aspect of the business is examined in exacting detail. Nothing is taken for granted.
Investigating Entrepreneurial Opportunities explains the process with simple, easy-to-follow steps. The authors – both CPAs who have bought and sold several businesses – reveal creative and low cost ways to do your own due diligence in investigating entrepreneurial opportunities. Sixteen comprehensive chapters cover all the basics, including market, products, insurance, facilities, assets, short and long-term liabilities, and much more. You?ll learn insider tips on how to uncover hidden assets and unrecorded liabilities and how to avoid legal troubles.
The handy reminder checklists at the end of Investigating Entrepreneurial Opportunities are alone worth the price of the book!
This incredibly street smart book belongs in the hands of anyone who is considering acquiring or starting a business.
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Information
Table of contents
- Cover
- Contents
- Introduction
- Chapter 1 - An Overview of Investigation
- Chapter 2 - Defining the Enterprise
- Chapter 3 - Defining the Product
- Chapter 4 - Investigating the Market for the Product
- Chapter 5 - Investigating Product Costs of Manufactured Goods
- Chapter 6 - Investigating Purchased Items
- Chapter 7 - Facility Concerns
- Chapter 8 - Insurance for the Business
- Chapter 9 - Valuation of Short-Term Assets
- Chapter 10 - Valuation of Long-Term Assets
- Chapter 11 - Intangible Assets
- Chapter 12 - Short-Term Liabilities
- Chapter 13 - Long-Term Liabilities
- Chapter 14 - Contingent Liabilities and Pending Litigation
- Chapter 15 - Owner Discretionary Spending
- Chapter 16 - Placing a Value on the Business
- IRS Publications
- Sources of Demographic Information
- Tasks to Be Completed for Due Diligence
- Questions to Be Answered during the Exercise of Due Diligence
- References
- Index
- About the Authors