Business Due Diligence or a Seller Warranty? Which is Better…

The seller told the buyer

“The books do not show all the money, but I guarantee you that this business will clear $10,000 a month after taxes.”

How often have you heard these words?

Wouldn’t it be great if you could actually get a guarantee from a seller when buying a business?  You can. But you have to ask for it, and you have to give the seller a good reason for them to give it to you. I assure you a seller can have a lot of good reasons for not wanting to give it — and some are totally legitimate.

So, when are you justified in asking?

There are several conditions to look for. To find out what conditions to look for 

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