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Applying Due Diligence Principles: The Franchise Purchase

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Due Diligence and the Business Transaction
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Abstract

As reiterated throughout this book, the guiding principle of due diligence is seeking to confirm the story about the business as told by the company that is the target of the investigation. Each of the chapters has shown a progression of steps during the course of preparing and conducting the due diligence questionnaire, and then using the information learned from the due diligence investigation to prove or disprove elements of the company’s story. To review, the progression has been:

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Notes

  1. 1.

    The questionnaire includes instructions that would define the LLC to mean both KMF Franchisee and any subsidiaries and affiliates.

  2. 2.

    The importance of conducting background checks is discussed more fully in Chapter 9.

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© 2013 Jeffrey W. Berkman

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Berkman, J.W. (2013). Applying Due Diligence Principles: The Franchise Purchase. In: Due Diligence and the Business Transaction. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4302-5087-6_7

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