1. “Disappearing” Working Capital. Care must be taken to insure that the seller does not deplete the working capital (e.g., cash, accounts receivable and/or inventory) of the business prior to closing which could result in a serious cash flow shortage following closing. Avoiding this pitfall requires certain understandings between buyer and […]

If your company manufactures products or buys and sells goods, a string of recent lawsuits suggests that you should take a close look at your sales and purchasing forms and procedures. Proper sales and purchasing documentation could potentially save your company thousands of dollars in unnecessary legal costs. Several lawsuits […]

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