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Asset Purchase Agreement Review: A Buyer's Step-by-Step Process

How a small-business buyer reviews an asset purchase agreement: the order to read it in, what to check against diligence, where attorney time should go, and how long it takes.

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Asset Purchase Agreement Review: A Buyer's Step-by-Step Process

How a small-business buyer reviews an asset purchase agreement: the order to read it in, what to check against diligence, where attorney time should go, and how long it takes.

Read article →

Indemnification Cap and Basket: What's Market?

Check an APA indemnification cap and basket against ABA 2025 and SRS 2026 benchmarks: medians, basket types, and tipping vs deductible examples.

APA Indemnification Clause: Buyer Red Flags

How SMB acquisition buyers review APA indemnification clauses: cap, basket, survival, escrow, exclusions, seller credit, fraud carve-outs, and claim procedure.

California SB 1103 Commercial Lease Checklist

What qualified commercial tenants should check under California SB 1103 before signing a lease: translation, rent notices, operating costs, and renewal risk.

FDD Item 7: Estimated Initial Investment Table Explained

How to read the FDD Item 7 estimated initial investment table, test its ranges, and build buyer-specific working-capital assumptions before opening.

SBA Seller-Note Standby Rules: Every Buyer Scenario

How SBA SOP 50 10 8.1 (effective October 1, 2026) treats seller debt used toward required equity: subordination, full standby, and the half-of-injection cap.

SBA Seller Note Standby Checklist for Buyers

SBA SOP 50 10 8.1 seller-note rules (effective October 1, 2026): full vs partial standby, subordination, and how to check it against your APA and note.

FDD Red Flags: 23 Items Franchise Buyers Should Check (2026)

FDD red flags hide in fees, supplier rules, territory limits, Item 19 claims, Item 20 closures, and renewal terms. A buyer checklist before your attorney call.

FDD Review Checklist: What Franchise Buyers Verify (2026)

Use this FDD review checklist to verify fees, supplier rules, territory, Item 19 claims, Item 20 turnover, renewal terms, and attorney questions before you buy.

Franchise Due Diligence Checklist: 40+ Items to Verify

Free 1-10 risk read on your FDD, plus a franchise due diligence checklist: FDD, Item 19 claims, Item 20 data, lease, and lender traps to verify before you buy.

Quality of Earnings Report for Business Buyers

Scope a quality of earnings review around revenue, adjustments, working capital, customer concentration, and the exact purchase-agreement decisions it must inform.

How Should an Acquisition Earnout Be Structured?

An earnout turns part of the purchase price into a post-close formula. Review the metric, accounting rules, operating covenants, disputes, offsets, and acceleration together.