We’ve recently come across several acquisition deals that had real potential when reading the basic description of the practice (who writes those? Most of them are fantastic). But at some point in the process, red flags got thrown up that caused us to pack up our bags and head in the other direction.
Here are some of the things that we’ve seen recently and over the years that should immediately sound warning alarms all throughout your head. Please note that not all of these are necessarily deal-killers, but they should cause you to give extra thought and do extra homework before making a deal.