Due Diligence List

A Due Diligence List is a list of items that a buyer would like to review during the due diligence. Among the items that are typically sought by a buyer during due diligence may include, but are not limited to, the following: recent complete tax returns, recent complete financial statements (profit & loss statements, balance sheets, current interim financials, current inventory report, list of assets being sold with the business, current accounts receivable report, current accounts payable report, checkbook register), client list, list of employees, current and past payroll records, a current copy of all licenses used by the business, copies of lease or mortgage documents, lien reports, environmental reports, appraisals, vendor list, and copies of all contracts (equipment, advertising, suppliers, etc.).