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I'm interested in buying a small business. I need to know how many years back in the books I should look at?

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Leah Bartlett
over 90 days ago
 

Asks:

I want my accountant to look at the books for the business I am interested in purchasing. The business is ten years old. It is a coffee shop that I have worked at for 5 years. How many years of books should I take into consideration?


Industry

Food / Beverage


Skills

Business Development


State

Louisiana


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picture of David Hernandez
David Hernandez over 90 days ago
I think that you should engage a CPA firm that does due dilligences and knows what to do. A regular accountant will do the work partially. email me at dhernandez@bizcpas.com and will explain.

Regards,

David Hernandez, CPA
BIZCPAS, LLP
 
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picture of David Eig
David Eig over 90 days ago
Leah, You working at this coffee shop for the past 5 years ia a BIG PLUS.
3 years sounds good. What does your accountant say??
Good luck
 
 

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