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❶A schedule of accounts payable. All guaranties to which the Company is a party.

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See FindLaw's Buying a Business section for additional articles and resources. Now that you've purchased your small business, it's time to get to work. A key component of running a business is understanding the laws and regulations in your specific area.

The good news is that you don't need to figure that out on your own. Even if you don't think you need an attorney, an experienced small business attorney can help you avoid problems before it's too late. Next Steps Contact a qualified business attorney to help you navigate the process of starting a business. Organization and Good Standing. The Company's Articles of Incorporation , and all amendments thereto. The Company's Bylaws, and all amendments thereto.

The Company's minute book, including all minutes and resolutions of shareholders and directors, executive committees, and other governing groups. The Company's organizational chart. The Company's list of shareholders and number of shares held by each. Copies of agreements relating to options, voting trusts, warrants, puts, calls, subscriptions, and convertible securities.

Copies of active status reports in the state of incorporation for the last three years. A list of all states where the Company is authorized to do business and annual reports for the last three years. A list of all states, provinces, or countries where the Company owns or leases property, maintains employees, or conducts business.

A list of all of the Company's assumed names and copies of registrations thereof. Audited financial statements for three years, together with Auditor's Reports. The most recent unaudited statements, with comparable statements to the prior year. Auditor's letters and replies for the past five years.

The Company's credit report, if available. Any projections, capital budgets and strategic plans. Analyst reports, if available. A schedule of all indebtedness and contingent liabilities. A schedule of inventory. A schedule of accounts receivable. A schedule of accounts payable. A description of depreciation and amortization methods and changes in accounting methods over the past five years. Any analysis of fixed and variable expenses. Any analysis of gross margins. The Company's general ledger.

A description of the Company's internal control procedures. A schedule of fixed assets and the locations thereof. All leases of equipment. A schedule of sales and purchases of major capital equipment during last three years. A schedule of the Company's business locations.

Copies of all real estate leases , deeds, mortgages, title policies, surveys, zoning approvals , variances or use permits. A schedule of domestic and foreign patents and paten t applications. A schedule of trademark and trade names. A schedule of copyrights. A description of important technical know-how. A description of methods used to protect trade secrets and know-how. Any " work for hire " agreements. A schedule and copies of all consulting agreements, agreements regarding inventions, and licenses or assignments of intellectual property to or from the Company.

Any patent clearance documents. A schedule and summary of any claims or threatened claims by or against the Company regarding intellectual property. Employees and Employee Benefits. A list of employees including positions, current salaries, salaries and bonuses paid during last three years, and years of service. All employment, consulting, nondisclosure, nonsolicitation or noncompetition agreements between the Company and any of its employees.

The Company's personnel handbook and a schedule of all employee benefits and holiday, vacation, and sick leave policies. Summary plan descriptions of qualified and non-qualified retirement plans. Copies of collective bargaining agreements, if any. A description of all employee problems within the last three years, including alleged wrongful termination, harassment, and discrimination. A description of any labor disputes, requests for arbitration, or grievance procedures currently pending or settled within the last three years.

A list and description of benefits of all employee health and welfare insurance policies or self-funded arrangements. A description of worker's compensation claim history.

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Buying a Business: Due Diligence Checklist. A list of all states where the Company is authorized to do business and annual reports for the last three years. A list of all states, provinces, or countries where the Company owns or leases property, maintains employees, or conducts business. Jun 13,  · How to Write a Business Report. Business reports are one of the most effective ways to communicate in today's business world. Although business reports' objectives are broad in scope, businesses or individuals can use them to help make 80%(63).