4/25/2000
Caveat emptor, or "Let the buyer beware", is good advice for any prospective purchaser of a business. But entrepreneurial caution involves more than just an attitude; it calls for a process of careful investigation, or "due diligence," into every aspect of the business in question. Green and Carroll offer a practical, step-by-step guide to this process, covering such topics as defining the enterprise, investigating product costs, facility concerns, valuation of assets, short- and long-term liabilities, and more. It's an excellent guide for prospective purchasers — or sellers — through the planning, research, and analysis required to do the best due diligence possible.