Due Diligence Checklist



Due Diligence Checklist
Rose Sunseri
University of Phoenix
Law 529/Paul Forshey
May 4, 2009

Due Diligence Checklist
    Assessing risks and issues while determining whether to purchase a company is the number one skill venture capitalists must possess. The prospective buyer of Topher Industries Inc.   must investigate and gather all information about the company and its business assets. The purpose of this it to decide whether to proceed with the initial transaction on the initially discussed terms, establish areas of risk that need particular attention or, if justified, withdraw from the proposed investment (AllBusiness, 2009). Creating a due diligence checklist is the way to critically assess a companies’ current and potential profitability.
Elements of a Due Diligence Checklist
    A due diligence checklist has sixteen elements. These elements are organization and good standing, financial information, physical assets, real estate, intellectual property, employees and employee benefits, licenses and permits, environmental issues, taxes, material contracts, product or service lines, customer information, litigation, insurance coverage, professionals, and articles and publicity (Find Law, 2009).
Due Diligence Checklist for Topher Industries Inc
  In connection with a potential transaction with venture investors, please provide us with the following materials or information relating to Topher Industries Inc, and any subsidiaries. Upon review, we may request additional documents. If compiling any of the requested items would be unduly burdensome, please let us know so that we may arrange a less burdensome alternative. If you have delivered any of the information, please so indicate and you need not provide us with an additional copy.

A.Organization and Good Standing
1.Articles of Incorporation and by-laws of the Company and Seller.
2.Corporate minute books and stock transfer records of the Company.
3.Federal and state tax returns and... [continues]

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