What should be the top 5 due diligence items before acquiring a company?

Check:

1. Corporate matters;

2. Financial statements;

3. Management and operations documents, contracts, agreements, partnerships;

4. Employee matters;

5. Litigation and claims

After you obtain the financial sataements and make necessary Analysis you should : 1-Review all inventory and physical assets .and ensure that all fixed assets are exist .

2- review the ageing Account receivables .
3-Review the suppliers contract  4-Loans if exist  5-Sales Forcast comparing with last hostorical data