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248-362-1300

Buying or Selling a Business? Four Common Pitfalls to Avoid

April 12, 1996

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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 […]

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