If you want to buy an institution anywhere in the United States there
are many issues that you will have to resolve to complete the transaction successfully. If you have found a
institution that you want to buy you should be careful to handle the change of
ownership with caution. You should be able to answer these questions:
Is the School operating legally?
Does the School have legitimate accreditation?
Are the financial statements that you have received accurate?
Is the inventory in good condition?
What is the condition and value of the Assets?
How effective and committed are the employees and instructors?
What is the overall picture of the School and the competition?
What has the School done to market itself?
How strong is the sales team?
What can you do to increase the Revenues and Profits?
To be able to do the due diligence, you should require as many of the following items from the propective School.
Organization and Good Standing. (For a Corporation)
Financial Information.
Physical Assets.
Intellectual Property.
Employees and Employee Benefits.
Licenses and Permits.
Environmental Issues.
Taxes
Material Contracts.
Student Information.
Litigation.
Insurance Coverage.
Professionals.
Articles and Publicity.
Should you need assistance feel free to contact me.
I would be happy to assist you to do the due diligence.
Acquisition Opportunities
An excellent website to check for possible acquisitions is
Deal Stream