Success Team

Description: Changes in corporate structure during the last five years

Description: A list of any unpaid taxes of any kind

Description: Bob Davis, B2B CFO, recommended that Andy meet with 123 Company.

Description: Bob Davis, B2B CFO, recommended that Andy meet with XYZ Company

Description: List new or future competitors of the company and a projection of the sales that competition might take from the Company

Description: List any DBA (doing business as), AKA (also known as) and any fictitious name filings for the past 10 years

Description: A list of the Board of Directors or Executive Committee. Describe any compensation, stock options, equity or future promised compensation of any kind

Description: Any agreement related to voting, issuance of equity, registration rights, preemptive rights, rights of first refusal or option rights of the company and its subsidiaries.

Description: Copies of all foreign, federal, state and local tax returns for the past three years (e.g., income, franchise, personal property, real estate, sales, use, payroll withholdings)

Description: Copies of any notices by foreign, federal, state or local authorities regarding taxes owed and/or issues related (e.g., income, franchise, personal property, real estate, sales, use, payroll withholdings)

Description: A list of net operating loss carry forwards and detail of any deferred tax liability

Description: Detail any key vendor or service provider who you feel or know is having financial difficulty.

Description: A copy of the hiring and training processes for all employees, including part-time employees

Description: Sales by customer for the past three years

Description: Detail any leave policies not in the employee manual (e.g., vacation, sick leave, Family & Medical Leave Act, holidays, jury, military leave, leave of absence).

Description: List the number of authorized and issued stock or owners interests

Description: List the top 10 vendors and service providers during the last three years.

Description: Minutes, resolutions and written consents of shareholders, directors and officers for the past five years.

Description: List all lawsuits filed by the company as the Plaintiff or Co-Plaintiff for the past five years, along with the results, the name and contact information of the company’s law firm. Include parties involved, subject matter and amounts claimed

Description: List all related parties that have current and past transactions with the company (e.g., officers, directors, minority owners, immediate family members, affiliates, trusts, pensions and profit-sharing trusts)

Description: Describe any troubled relationship of any kind with a related party or minority owner and describe management’s desired result with this troubled relationship (e.g., purchase minority owner or family member interests, litigation, arbitration, negotiation)

Description: Articles or certificates of incorporation or organization including bylaws and operating agreements of the company and any subsidiary as originally filed.

Description: List the original name of the company and any name changes during the past 10 years

Description: List all lawsuits filed against the company as a Defendant or Co-Defendant for the past five years, along with the results, the name and contact information of the company’s law firm. Include parties involved, subject matter and amounts claimed

Description: List all minority owner names and the percentages owned of the Company

Description: List any minority owner interested owned by the company in other entities or affiliates

Description: Copy of all buy-sell agreements and any owner agreements.

Description: List all customers that make up 5% or more of annual sales for the past three years

Description: Copy of the stock ledger and stock transfer certificates. List of all owners of the company

Description: A detailed list of fixed assets, including location and the depreciation policy. List all obsolete or damaged assets.

Description: Management compensation, bonuses, contracts, compensation equity or future promised compensation.

Description: Document the key barriers that are stopping the company from increasing sales (or gross profit) on its most profitable product or service lines

Description: Current resumes of key management

Description: A copy of the latest employee manual and personnel policy memos not contained in the manual.

Description: All employee contracts, commission plans, consulting agreements, confidentiality agreements and noncompetition agreements, including a written description of oral contracts or agreements (including part-time employees and consultants)

Description: A schedule of outstanding debt of the company and any subsidiary or related party on any secured assets used by the company, including capitalized leases

Description: Copies of all audits by Independent Certified Public Accountants (CPAs) for the past three years, including the auditor’s report

Description: Copies of any reports of any kind from Independent CPAs for the past three years (Projections, Appraisals, etc.)

Description: Balance Sheets, Income Statements and Statements of Cash Flow - past three years

Description: Balance Sheet, Income Statement and Statement of Cash Flow - most current

Description: Projections of Income Statement and Balance Sheet for the next three years, including a detail of key assumptions and potential risks to the projections

Description: Detail the sales, cost of sales, gross profit and gross profit margin for each material individual product or service type for the past three years

Description: List the rights of each class of stock or owners interests

Description: List all contingent liabilities of the company (e.g., liabilities that may be incurred by an entity depending on the outcome of a future event such as litigation, regulatory change, negotiations)

Description: List all vendors and service providers that are foreign companies. Include any past foreign currency transaction losses or gains

Description: Detail of all accrued liabilities related to employees (e.g., vacation, sick leave)

Description: Detail the sales, cost of sales, gross profit and gross profit margin for each material individual product or service type for the next three years

Description: Identify the sales for product or services that are the most profitable for the company (i.e., gross profit or gross profit margin)

Description: Narrative description of the full revenue from call to cash

Description: The latest payroll register for all employees

Description: List all websites used and/or owned by the company. Include all URLs and the owner of the URLs. Include any intranet used by employees, customers or vendors. Detail of where this software is hosted

Description: List the name and location of the webmaster and whether this is an employee or subcontractor relationship.

Description: Describe the company’s Disaster Recovery Program (DRP) for all data and software

Description: List keywords and meta tags and processes used for all Search Engine Optimization

Description: A schedule of all options, warrants, rights and any other potentially dilutive securities with exercise prices and vesting options

Description: Describe hardware planned for expansion to new site (put on hold during due diligence)

Description: Names and addresses of all parties that have performed any external financial statement engagements for the company for the past five years

Description: A schedule of the names and resumes of the current officers, directors and other key employees of the company.

Description: The name and contact information for the company’s tax preparers for the past three years (e.g., income, franchise, personal property, real estate, sales, use, payroll withholdings)

Description: Copies of sales and other tax licenses and any tax exemption certificates

Description: Contract words and lorem ipsum.

Description: Copies of all Engagement Letters from Independent CPAs for the past five years

Description: A diagram of the organizational structure of the company and any subsidiaries or affiliates, including percentage ownership of voting securities of any subsidiaries

Description: List all locations the company has operated in during the past 10 years

Description: A schedule indicating satisfaction of citizenship requirements, workers compensation claims for the past two years

Description: Explain the key basis of the competition (e.g., price, service, technology, quality, distribution, location).

Description: Describe any advantages the company has over the competition (e.g., software, technology, people, patents, trademarks, location, brand name, price advantages, customer loyalty, royalty agreements, significant contracts, foreign associations, financial resources, joint venture or partnership, covenants not to compete, labor agreements, licenses)

Description: List material discounts, markdowns or pricing special arrangements with key customers

Description: List the top competitors to the company and the approximate percentage of the market owned by them and the Company

Description: List of foreign countries in which the company and its subsidiaries are authorized or registered to do business

Description: Describe any vendor and service provider who has refused to do business with the company

Description: List all product or service warranties and guarantees made to the company by key vendors and service providers

Description: Management organization chart.

Description: Describe any benefits (e.g., health insurance, retirement plans, workers compensation, disability) and any policies (e.g., sexual harassment, termination, COBRA) not listed in the employee manual.

Description: Explain any key variance in sales, cost of sales, gross profit and gross profit margin for the past three years

Description: Explain any key variance in sales, cost of sales, gross profit and gross profit margin for the next three years