I have read through a lot of the threads on here about 'buying' or 'valuing' a surveying company.
I am meeting with the company CPA. Obviously, I want to have some questions ready and get enough information that I can get a pretty deep understanding for what the financials are like. I have a vague idea thus far, but would like to get the information, and eventually the documentation I need to make an informed decision.
I assume I need to get profit/loss statements, tax returns, bank statements. What else do I need to look at and ask of he CPA...
Long term and short term debt, how often do they borrow and why? Borrowing to buy equipment or expand is reasonable in some ways of thinking, borrowing regularly to make payroll would be an alarm bell.
