WHAT DOES THE FIRM’S FINANCIAL PICTURE LOOK LIKE?
Accountant to look over the company’s books.
How well the firm is doing financially.
Company’s profitability anything wrong
that can be spotted from the statements?
seller’s books alone should not be taken
as proof of sales or profits.
Seeing records of bank deposit
for the past two to three years.
Another area of interest is the firm’s profit trend
Should compare the firm’s performance
to that of similar companies.