Business Buyer / Seller Checklist
- Clarify goals, timing, budget and transaction type.
- Sign NDA before receiving confidential materials.
- Review listing summary, BOVL, financials and seller disclosures.
- Confirm financing, owner financing, SBA/bank options or investor backing.
- Submit LOI and diligence checklist.
- Use escrow, counsel, CPA and third-party diligence support.
- Close, transition, train and support ownership transfer.
Business vs. Real Estate
Business sales are often more complex than real estate transactions because they involve cash flow, employees, inventory, licenses, contracts, seller training, intangible assets, and confidentiality.