[Buying A Business] - 5 [Business Risk Factors] To Consider When [Buying A Business]

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[Buying A Business] - 5 [Business Risk Factors] To Consider When [Buying A Business]


1. Are all processes and procedures clearly documented (position descriptions, supplier agreements, customer agreements, etc)?
2. How good is the communication within the organization (free flowing, honest, 'no blame' culture)?
3. What condition is the plant and equipment (modern, efficient -- not outdated)?
4. What level of cooperation is there within the business (no silos, compartments, internal rivalry)?
5. Can the business run without the bosses for extended periods?

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