Best Business Attorneys in Oak Lawn, IL

Business owners: Getting your financials straight is key to running a business. As I help people buy and sell businesses, I've gotten a deep look at other businesses' numbers. For sellers, having clear and clean financials are important to showing buyers that your business is profitable and organized. It's beyond common for business owners to be selling their businesses without even generating profit/loss statements. For buyers, don't accept anything less than clear bookkeeping and tax records before buying a business -- or at least deciding on a purchase price. Some opportunities seem so good to pass up that glossing over the numbers is tempting, but in the long run, buyers should stick to high standards for financial disclosures.