Of course all of these items are important, and these are the details you should be thinking about before you make the Offer to Purchase. Why? More than likely you and the seller will not agree on everything. That is to be expected, so many of the items above, as well as other items, will need to be discussed and worked out. So what should you do?
The price paid and the price adjustments will be determined by the audited or un_audited balance sheet figures of the business on a specified date and these shall focus themselves on the adjustments that arise after the closing date due to changes in the accounts receivable and inventories of the business from a specified date up until the closing date.