But what are the facts
who checked to see if there were security interests outstanding and why the last person left.
there are franchises which have been sold over and over as new when in reality they are failures
How will you find out and will you find out when it is too late?
Frequently the bit that is overlooked is the bit that the accountant thinks the lawyer does and vice versa .
Due diligence is not just about words and figures it is about facts.
Verisure has experience in business and franchise due diligence and can uncover factors which should be taken into consideration prior to purchase.
Failure to obtain all the facts cold be a costly exercise.
Case study:A client wanting to buy business in a small town. the owners had allowed the manager to run the business in their absence. The business seemed sound but what was not disclosed was that the manger had set up his own business in competition in the next street and also most of the plant had security interest registered over it.
Be Sure Be Verisure