Why I Study Lease Agreements Carefully Before Buying a Business
Lease agreements can hide risks that sink a deal. From rent escalations to restrictive clauses, I’ve learned to study every detail before buying a business. In this article, I share how I evaluate leases during due diligence, what red flags I watch for, and why they often play a bigger role in acquisition outcomes than most buyers expect.
The Most Common Red Flags I Spot During Due Diligence
Due diligence is where the truth of a business reveals itself. Over time, I’ve learned to spot common red flags—messy financials, customer concentration, hidden debts, or unreliable vendor contracts—that can derail a deal. In this article, I share the warning signs I consistently watch for during due diligence, and why catching them early protects me from costly acquisition mistakes.
Why Due Diligence Matters More Than Anything in Acquisitions
Every acquisition I’ve made has reinforced one truth: due diligence matters more than anything else. It’s where hidden debts, customer risks, and operational flaws reveal themselves. Skipping or rushing this step is one of the biggest mistakes a buyer can make. In this article, I explain why due diligence is my top priority, the areas I focus on most, and how it protects me from costly surprises.
The Most Overlooked Steps in Buying a Small Business
In my experience, the difference between a smooth acquisition and a painful one often comes down to the small details buyers overlook. From vendor contracts to employee roles and working capital needs, these missed steps can derail success. In this article, I share the most overlooked steps in buying a small business, why they matter, and how addressing them early has helped me avoid costly mistakes.