{"id":2202,"date":"2018-08-02T10:14:36","date_gmt":"2018-08-02T15:14:36","guid":{"rendered":"http:\/\/35.227.21.112\/?p=2202"},"modified":"2022-11-29T16:41:49","modified_gmt":"2022-11-29T21:41:49","slug":"are-you-performing-proper-due-diligence-when-purchasing-a-business","status":"publish","type":"post","link":"https:\/\/lions.financial\/zh\/are-you-performing-proper-due-diligence-when-purchasing-a-business\/","title":{"rendered":"\u5728\u8d2d\u4e70\u4f01\u4e1a\u65f6\uff0c\u4f60\u662f\u5426\u8fdb\u884c\u4e86\u9002\u5f53\u7684\u5c3d\u804c\u8c03\u67e5\uff1f"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2202\" class=\"elementor elementor-2202\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-34207e7c elementor-section-height-min-height elementor-section-stretched elementor-section-full_width elementor-section-height-default elementor-section-items-middle\" data-id=\"34207e7c\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_bottom&quot;:&quot;triangle-asymmetrical&quot;,&quot;shape_divider_bottom_negative&quot;:&quot;yes&quot;,&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"true\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M737.9,94.7L0,0v100h1000V0L737.9,94.7z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5a7ad402\" data-id=\"5a7ad402\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-43b21c9e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"43b21c9e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-72bbedb\" data-id=\"72bbedb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4d6da8bd elementor-widget elementor-widget-text-editor\" data-id=\"4d6da8bd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div style=\"user-select: text; -webkit-user-drag: none; -webkit-tap-highlight-color: transparent; overflow: visible; cursor: text; clear: both; position: relative; direction: ltr; font-family: 'Segoe UI', 'Segoe UI Web', Arial, Verdana, sans-serif; font-style: normal; font-weight: 400;\"><h3 class=\"entry-title\">Are you performing proper due diligence when purchasing a business?<\/h3><p>\u00a0<\/p><p><span style=\"font-size: 18px;\">The first thing that you should ask yourself when looking at acquiring a business is the purpose of the purchase. Is the objective expansion, market share? competitive advantage? or intellectual property? By defining the direction of this transaction in advance the step to facilitate proper due diligence will solidify the strength of the deal. It is essential to take the following items into consideration during the Due Diligence period.<\/span><\/p><p><span style=\"text-decoration: underline;\"><strong>Financial Evaluation<\/strong><\/span><\/p><p>Financial analysis is an extremely crucial step in the process of purchasing a company and will define the current value in the sale price. The areas that need to be focused on are as follows;<\/p><ul><li>Balance Sheet<ul><li>A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.<\/li><\/ul><\/li><li>Operating expenses<ul><li>Those expenditures that a business incurs to engage in activities not directly associated with the production of goods or services.<\/li><\/ul><\/li><li>Cost of sales analysis<ul><li>Retail: The purchase cost of inventory value of merchandise sold during a stated period plus the cost of direct work.<\/li><li>Manufacturing: The production cost or inventory value of goods sold during a stated period.<\/li><\/ul><\/li><li>Current valuation<ul><li>The process of determining the current worth of an asset or a company.<\/li><\/ul><\/li><li>Revenue<ul><li>Sales from all lines of business<\/li><\/ul><\/li><\/ul><p>After pursuing the answers to the financial questions, there is further due diligence to be made in the effort to ascertain that the market is ripe for possible expansion. This information will require past, present, and forecasts for the future of the company and industry.<\/p><p>Market Valuation<\/p><p>Market Share<\/p><p>Brand Value<\/p><ul><li>How is the company perceived? What is their reputation among those in the industry and their customers?<\/li><\/ul><p>Product Segmentation<\/p><ul><li>What is the line of business?<ul><li>Line of Business: General term that refers to the product\/service or related set of products\/services that serve a particular customer transaction or business need.<\/li><\/ul><\/li><\/ul><p>Industry Growth Trends<\/p><ul><li>What is the growth rate of the industry?<\/li><\/ul><p>Customer Demographics<\/p><ul><li>How often is the company getting repeat business? What portion of its current business is made up of repeat business?<\/li><\/ul><p>Operational Efficiency<\/p><ul><li>How many employees do they currently have?<\/li><li>What is their management style? What are the qualifications and experience of the top management?<\/li><\/ul><p>How many accounts does the company have?<\/p><ul><li>What is the current relationship between the business and its customers?<\/li><\/ul><p>Where does Lions Assurance Financial fit in?<\/p><p>Lions Assurance Financial brings knowledge, experience, and well-researched insight into the area of professional financial advisory. At Lions Assurance Financial it is our goal to help our clients in the acquisition process and provide risk management services throughout the transaction.<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-74c857e8\" data-id=\"74c857e8\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4ba85221 elementor-widget elementor-widget-heading\" data-id=\"4ba85221\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Share:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div 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class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2955\"><a href=\"https:\/\/lions.financial\/zh\/services\/capital-markets-mergers-and-acquisitions\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Mergers and Acquisitions<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2950\"><a href=\"https:\/\/lions.financial\/zh\/due-diligence-and-valuation\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Due Diligence and Valuation<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2956\"><a href=\"https:\/\/lions.financial\/zh\/our-team\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Our Team<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2953\"><a href=\"https:\/\/lions.financial\/zh\/insights-professional-alliance-program\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Professional Alliance Program<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-426b84e2 elementor-widget elementor-widget-spacer\" data-id=\"426b84e2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Are you performing proper due diligence when purchasing a business? The first thing that you should ask yourself when looking at acquiring a business is [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2110,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_acf_changed":false,"content-type":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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