Advice on Buying a Business
I'm in the process of doing my due diligence on the purchase of new business. They're an existing company who have been around for a decade. An online/software business with no real physical assets. A few employees who won't be sticking around after the purchase.
I obviously can't go into too many details at this point but I thought I would access the CP Braintrust for advice from anyone who has purchased a business before. Other than consulting lawyers and accountants, is there anything you wish you would have done, or did do, that most people don't think of? Any pitfalls I should avoid? Any details I should get from the current owners that might not be obvious at first?
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