So, you are thinking of buying a business?  What types of documentation or information should you be seeking from the seller before you agree on a price, sign documents, or pay any money?  This list will get you started:

1. Seller entity information
   2.         Documents necessary to discover the seller’s full financial Information
   3.         Physical Assets of the seller
   4.         Real Estate (owned and leased)
   5.         Intellectual Property owned by the seller or to which the seller has rights
   6.         Employee contracts and employee benefits owed
   7.         Licenses and permits held by the seller
   8.         Environmental due diligence
   9.         Taxes (including verification) owed
   10.       Material contracts with the seller’s customers and suppliers
   11.       Customer information
   12.       Currently pending or threatened litigation
   13.       Insurance coverage