| The due diligence study is done by
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| | permits, approvals, etc.- Bonds posted
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| investors or lenders to be certain that
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| | for licenses, permits, etc.- Records of
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| your company is operating properly and
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| | any investigation, inquiry, or
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| efficiently. The in depth due diligence
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| | inspections by government- Government
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| study will uncover any accounting errors
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| | orders with which the company must
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| and any operational problems. After
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| | comply4. Financing:- Documents evidencing
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| completing the due diligence study, the
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| | loans, secured and unsecured, and
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| investors or lenders must be satisfied
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| | personal guarantees- Bank agreements
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| that they are invested money in a company
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| | confirming lines of credit- Documents
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| that conducting its business in the best
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| | evidencing sale, lease-back, instalment
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| possible way. The due diligence study
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| | purchases, sales contracts,
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| will review the following fifteen
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| | loanagreements- Correspondence to and
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| areas:1. Corporate records:- The
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| | from lenders- Evidence of satisfaction or
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| company's original articles of
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| | liens or debts5. Financial
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| incorporation or articles of
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| | information- Audited financial
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| organization- By-Laws and minutes of any
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| | statements- Unaudited monthly and
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| Board meetings, executive committee
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| | quarterly financial statements- Capital
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| meetings, andshareholder meetings- Stock
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| | budgets, changes in accounting
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| issuance and transfer- The company's
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| | practices- Inventory summary- Aged
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| communication with shareholders- Press
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| | accounts receivable and payable- List of
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| clippings and press
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| | all assets with purchase
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| releases- Applications for and documents
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| | price- Correspondence with inside and
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| authorizing the company to do business in
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| | outside accountants6.
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| another state- Stockholder agreements,
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| | Taxes:- Federal, state, and local tax
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| voting, proxies, and other similar
| |
| | returns- Any adjustments, settlements,
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| documents- The company's organization
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| | recapture, or notices with taxing
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| chart showing how it is structured and if
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| | authority- FICA, FUTA, and other employee
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| there are any
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| | withholding- Calculations of tax basis,
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| affiliates2. Insurance:- All insurance
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| | book basis, and depreciation of all
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| policies, their coverage limits, the
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| | assets7. Customer information- Customer
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| deductibles, renewal dates, and
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| | agreements- List of 10 largest customers
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| premiumspaid or owed- Insurance claim
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| | and list of sales to each- Government or
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| history3. Government regulations and
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| | quasi-government customers- Catalogs,
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| filings:- Reports and correspondence with
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| | product literature, advertising, and
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| any governmental authority- Licenses,
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| | price lists8.
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