Main Street & SMB

BizBen transaction diligence

Published · Reviewed by The Diligence Standard Team · Updated

Do not rely on listing badges to carry the value story. Support absentee, financing, licensing, asset and cash-flow claims with evidence ready for buyer review.

Diligence focus

  • Cash-flow support
  • Absentee/semi-absentee claim
  • SBA prequalification label
  • Owner financing
  • Licenses
  • Real estate
  • Asset inclusion
  • Local permits

First evidence requests

  • Tax returns
  • Monthly P&L
  • Owner-hours schedule
  • Payroll
  • Lease
  • License/permit records
  • Asset list
  • Any SBA/lender prequalification support

Warning signals

  • Absentee claim ignores owner sales/admin duties
  • SBA badge is treated as buyer-specific approval
  • License flag lacks continuity analysis
  • Owner financing masks weak debt-service cushion
  • Cash flow is not tied to a period and source