Thinking about buying a business? Before you sign anything, do your due diligence. CPA Fred Passelli explains what it is and how to avoid a costly mistake. Covered in this video: What "due diligence" actually means — your window to investigate before you buy What to review: financials, tax returns, operations, sales/customer data — and getting your own valuation Why you need a team first: a transactional/business lawyer, a CPA, or an M&A team How missed items can cost you hundreds of thousands (or millions) after closing Bottom line: spend the money upfront on the right professionals — it's far cheaper than fixing problems after you've taken on the loan. 📅 Buying a business and want it reviewed? Book a call: 561-386-3997 🔔 Subscribe for straight-talk tax and business tips. Disclaimer: Educational purposes only; not tax, legal, or financial advice. #buyingabusiness #duediligence #smallbusiness #mergersandacquisitions #cpa #entrepreneur