Proof of Ownership: Cap Table in Due Diligence
When selling a business, having all your ownership paperwork in order is crucial. This includes documents such as your cap table, which shows ownership distribution, and proof of past ownership transfers, especially if you’ve bought out partners or gone through significant changes like divorces. Buyers and their legal teams won’t just take your word for it, so it’s important to dig up and organize all relevant documentation. Missing paperwork can slow or even block the sale, even if everything else is in place. Proactively gathering these records ensures a smoother transaction process.
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