Buying a business requires careful consideration of various
choices. This checklist highlights common areas that must be considered when
buying a business. A business can be purchased by purchasing either the business’s
assets or the shares in the company or interests in the trust.
It is important to conduct a thorough due diligence review
before making a decision to buy. The review should find out as much information
about the business as possible, which you can then discuss with your adviser.
You should also consider how embarking on a business venture would fit with
your personal circumstances.