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Strata Tip 64: Buying – Most due diligence issues are fixable

Aside from a business that’s not making enough money, most issues that arise during due diligence are fixable.  It might take goodwill and perseverance, but even void management rights agreements can be fixed (which can happen if the seller forgot to exercise an option!).  A good lawyer will give you a list of things to be fixed both during due diligence and after settlement.