Lesson 1Commercial and administrative compliance: licenses, food hygiene, health and safety, regulated authorizationsLearn how fi check if di target business follow commercial, admin, an' sector rules, includin' licenses, food hygiene, health an' safety, an' other regulated permissions need fi run lawful.
Mapping required licenses and permitsReviewing food hygiene and safety recordsHealth and safety risk assessmentsSector‑specific regulated authorizationsConsequences of missing authorizationsLesson 2Documents to request from seller and buyer: checklist with required corporate, financial, lease, employment, IP and tax documentsDis section gi yuh a practical checklist a documents fi request from seller an' buyer, coverin' company, financial, tax, lease, work, IP, an' regulatory records fi complete a strong due diligence file.
Corporate and governance documentationFinancial statements and management reportsTax, social‑security, and audit recordsLeases, property, and environmental filesEmployment, IP, and key commercial contractsLesson 3Employment due diligence: employee list, contracts, collective agreements, transfer obligations and information dutiesUnderstand how fi review di workforce situation, includin' employee lists, contracts, collective agreements, automatic transfer rules, an' manage information an' consultation duties to staff reps.
Obtaining and analyzing employee listsReviewing employment contracts and clausesCollective bargaining and workplace agreementsAutomatic transfer of employees on saleInformation and consultation obligationsLesson 4Tax and social-security checks: VAT, local business tax (CFE), outstanding liabilities, recent tax auditsCheck how fi review VAT, local business taxes, payroll charges, social-security contributions, spot unpaid debts, an' analyze recent tax an' social-security audits weh mi show hidden risks.
Reviewing VAT registration and filingsChecking local business tax and CFE statusSocial‑security and payroll contribution reviewAnalyzing recent tax and URSSAF auditsManaging discovered tax and social liabilitiesLesson 5Accounting and financial checks: valuation of goodwill, stock accounting methods, recent P&L and balance sheet reviewLearn fi analyze financial statements, valuation assumptions, accountin' policies fi goodwill, stock, provisions, an' use recent P&L an' balance sheets fi spot trends, oddities, an' if earnings sustainable.
Understanding the structure of the P&LBalance sheet and working capital reviewGoodwill valuation methods and driversInventory and cost accounting policiesIdentifying red flags in financial trendsLesson 6Environmental, real-estate and planning checks regarding the premises and permitted useLearn fi assess environmental, zoning, plan constraints pon di premises, check permitted uses, an' spot contamination, nuisance, or non-compliance risks weh could limit work or bring cleanup duties.
Reviewing title, easements, and occupancyZoning, planning rules, and permitted useEnvironmental reports and contamination risksHealth, nuisance, and neighborhood issuesRemediation duties and allocation of costsLesson 7Intellectual property and digital assets: trade name, trademarks, domain name, phone number and website rightsUnderstand how fi identify an' secure IP an' digital assets, like trade names, trademarks, domains, phone numbers, software, website content, an' confirm ownership, registrations, licenses.
Identifying trade names and trademarksDomain names, websites, and hosting rightsPhone numbers, social media, and listingsIP ownership, licenses, and assignmentsInfringement risks and brand protectionLesson 8Material assets and inventory checks: fixtures, movable equipment, maintenance records, warrantiesLearn fi verify existence, condition, ownership a fixtures, equipment, inventory, review maintenance records, an' assess warranties, leases, financin' weh affect di assets bein' bought.
Listing fixtures and movable equipmentPhysical inspection and condition reportsMaintenance logs and service contractsOwnership, leases, and financed assetsInventory valuation and obsolescence risksLesson 9Lease due diligence: verifying existence, term, clauses on assignment, landlord consents and formalitiesUnderstand how fi review di commercial lease, confirm its existence an' term, analyze assignment an' change-of-control clauses, an' spot landlord consent needs an' formalities fi valid transfer.
Confirming lease existence and key termsRent, charges, and indexation mechanismsAssignment and subletting restrictionsLandlord consent and waiver proceduresLease renewal, termination, and optionsLesson 10Corporate and identity checks on the seller and on encumbrances affecting the fondsLearn fi confirm seller identity, capacity, authority fi sell, an' detect encumbrances like pledges, liens, seizures affectin' business assets, ensurin' clean title an' enforceable transfer.
Verifying corporate existence and good standingChecking powers of representation and signingReviewing corporate decision‑making approvalsSearching for liens, pledges, and seizuresAssessing impact of encumbrances on the sale
