Three QuickBooks files in 30 days.
My QoE process takes about 30 days. This one got derailed three times — because we kept getting new QuickBooks files.
First file: looked nothing like the CIM. Revenue and costs didn't match. We flagged it.
"Oh, they sent you the wrong one. Here's the updated file."
Okay. Mistakes happen.
Second file: payroll was one-third of what they claimed for 10 employees. We flagged it.
"Oh, they had a separate QuickBooks for payroll. Use this new one."
Third time? Same story.
Here's the problem: if a seller wants to lie, they keep changing QuickBooks. Every time you ask a question, they send a new file. As long as they can answer your next question, they make you think the financials match the CIM.
Do you stay or do you run? Find out in my new video: redacted