Due diligence is usually thought of as the long list of items the buyer must consider and verify prior to purchasing a business. The seller has a much lighter due diligence load from a purely technical or legal viewpoint. Most sellers enter into negotiations and possible transactions woefully unprepared to discuss the deal with an experienced buyer.

The purpose of this checklist is to illustrate a sample document with the more common issues related to the due diligence process that a seller of a company should consider.

Note: the checklist in this tool is intended to be both a learning and an educational tool and not a legal document.