Potential buyer of a small online business needs to investigate hidden debts, tax liabilities, and past financial irregularities before acquisition, but lacks knowledge and funds for professional due diligence.

Workarounds Described

• relies on owner to share account access and information, which is slow and unreliable
• overhears hushed conversations with accountant about money and taxes
• tries to recall historical gossip from former employees

Implied Software Gaps

• Centralized platform to request, store, and review financial documents and public records in one place
• Automated red flag detection for common small business acquisition risks (liens, tax delinquencies, unusual transactions)

BizBuyer Due Diligence Tool

An affordable, guided due diligence platform for small business acquirers. It provides checklists, document request templates, and basic financial analysis to uncover hidden debts, tax risks, and compliance issues. Integrates with public records and accounting software for preliminary verification.