Buying a Business, Selling a Business

QofE Reports—Ripoffs, Risks, Misunderstandings

Posted on by Ted Leverette

Quality of Earnings – Reports and Providers

Avoid Costly Mistakes in Business Acquisitions

Searchers/buyers are overpaying or getting incomplete Quality of Earnings reports.

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Misunderstandings, about the reports and the service providers, are costly for Quality of Earnings and your financial security.

TOPICS

  • Realistic Quality of Earnings (?)
  • Providers of Reports
  • Who Wants/Needs QofE?
  • Issues Inadequately Addressed
  • Common Errors & Omissions
  • Differences: Diligence v. QofE
  • CYA Recommendations

Don’t let overpriced or incomplete reports sabotage your investment.

  • Arm yourself with street-smart insights to make informed decisions and secure lucrative deals.

Read my revealing report, thoroughly.

Watch my entire how-to video, which covers more information than my PDF.

Use my report and its accompanying video to independently manage your financial strategy.
It provides guidance for DIY, so you can eliminate/defer the need for QofE advisory services.

Actionable checklist:

  1. Learn
  • Read my report, thoroughly.
  • Watch my entire how-to video.
  1. Self-Manage Finances
  • Self-assess your financial situation, and the apparent financial condition of your target company.
  • Postpone hiring QofE advisory services unless critical.
  1. Conduct Initial QofE Analysis
  • Handle the initial quality of earnings analysis yourself.
  1. Discuss your findings with stakeholders and potential lenders.
  • Try to conduct further research to satisfy their requirements; ask them for specifics.
  • If they demand an independent quality of earnings evaluation and report, ask them for recommendations of service providers.
  1. Evaluate and hire QofE Providers
  • Use Ted Leverette’s report and video to assess and specify scope of work of potential QofE service providers.
  • Don’t fully pay for the report unless or until it complies with the scope of content that you and your potential lender/investor requires.
  1. Communicate with Lenders and Stakeholders
  • Discuss the QofE findings with lenders and stakeholders.
  • Clarify/verify the QofE report requirements and due diligence needed for loan/investment approval.

Remember: Employ my report and video as a benchmark to evaluate prospective QofE providers.

I do not offer nor prepare QofE reports.

That’s why you can trust me. I will expand your understanding. You’ll learn how to see pitfalls, and how to identify/evaluate reliable resources.

  • I’ve been collecting the reports for a long time; some impressive; most lacking; most too expensive for what the buyers got.
  • If you need help, email Ted J. Leverette, The Original Business Buyer Advocate ®.

Not sure?

Watch this:

2-Minute Video Reveals What The Savviest Searchers Do

Preview my books:

120 Financial Lifelines for Small Businesses

How to Prepare Yourself and Find the Right Business to Buy

How to Buy the Right Business the Right Way—Dos, Don’ts & Profit Strategies

21st Century Entrepreneur Ideas for Kids and Aspirational Adults (Complimentary)

How to Get ALL the Money You Want For Your Business Without Stealing It (USA and Canadian versions.)

Ted Leverette