24. The seller won't provide any financial information on the business.
Is that a problem?
Yes, you need accurate financial statements/tax returns on the business in
order to make a good decision as to whether or not to purchase a business.
If you are seeking financing, the lender will also require this information.
Arkansas Small Business and Technology Development Center
University of Arkansas at Little Rock - College of Business
Donald W. Reynolds Center for Business and Economic Development
2801 S. University / Little Rock, Arkansas 72204
Phone: 501.683.7700 Fax: 501.683.7720 firstname.lastname@example.org
The Arkansas Small Business and Technology Development Center is funded in part though a cooperative agreement with the U.S.
Small Business Administration through a partnership with the University of Arkansas at Little Rock College of Business and
other institutions of higher education. All opinions, conclusions of recommendations expressed are those of the author(s)
and do not necessarily reflect the views of the SBA. It is the goal of UALR to eliminate discriminatory harassment and to
promote equal opportunity regardless of race, gender, color, national origin, sexual orientation, age, religion, veteran's status or disability.