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Due Diligence

Financial diligence: tax returns and bank statements

Reconcile statements, tax returns, bank deposits, merchant records, debt, add-backs, owner expenses, and seasonality.

Video 20 min
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Key takeaways

  • Use the lesson as a screening framework, not a final decision.
  • Translate claims into evidence requests before committing time or money.
  • Bring qualified legal, tax, lending, and diligence advisors into real transactions.

Reconcile statements, tax returns, bank deposits, merchant records, debt, add-backs, owner expenses, and seasonality.

This lesson is educational only. SMB Market Deals is not a lender, broker, law firm, CPA firm, valuation firm, or investment advisor. Use qualified professionals before making legal, tax, lending, valuation, or acquisition decisions.