Due Diligence for Your Business Investment

Andrew J. Boloy, Attorney

Whether purchasing or investing in a business, thorough due diligence is one of the most significant aspects of protecting yourself during the process. While many business owners have the wisdom and knowledge to come up with a general value of the business through a proper accounting audit, are you sure you are getting all of the information you need to reach an accurate conclusion? Are you sure the financials and other documents are accurate? There are several questions owners may not ask at formation and/or during the operation of the business. Those questions are what can make or tank your investment.

The duty to conduct a proper due diligence is yours and yours alone. While you hope you get the proper documentation, the last thing you want to do is find out you did not receive the right information and must litigate the matter after the fact. Being proactive will save you money in the future and help ensure that you are making a confident business decision. The attorneys at Pike & Lustig have drafted, negotiated, and litigated stock purchase agreements, operating agreements, shareholder agreements, LLC agreements, purchase, and sale agreements, among many others. If you are considering purchasing or investing in a business, make sure to hire an experienced West Palm Beach business attorney who can guide you through the process and ensure your rights are protected and enforced.