March 23, 2008 |
These aren't the best economic times, but brave souls are forever launching out on new business ventures. Here are sites for finding the funds to back a new enterprise, even under today's tough conditions. Due diligence. The background checking that lenders, investors and business buyers do before forking over cash is called due diligence. Here's an article about the process, as it pertains to business buyers. Extras on the page include an article on how to conduct due diligence yourself.
June 26, 2007
The 76ers, doing their due diligence, dispatched assistant coach Moses Malone to Houston yesterday to observe a workout for 6-10 former Boston College forward Sean Williams. President/general manager Billy King confirmed they were awaiting word from Williams' agent on whether Williams would come to Philadelphia tomorrow. Williams, who was dismissed from his college team this past season for repeated violations of team rules, has been training with former Sixers coach/general manager John Lucas.
November 14, 2012
Abington Health said it had agreed to buy the North Penn Visiting Nurse Association, of Lansdale, for an undisclosed amount. North Penn employs 100 nurses and others who provide home care, hospice, and other services, Abington said. The nonprofit nursing organization had $6.7 million in revenue in the year ended June 30, 2011, about the same as the previous year, according to its Form 990 tax return. Net income, however, fell to $277,787 from $626,993, the filing said. Abington has a home health department that employs 200 who provide services in Bucks, Montgomery and Philadelphia Counties.
January 31, 2016 |
An out-of-town buyer is under agreement to purchase the former Nabisco plant in Northeast Philadelphia, with plans to redevelop most of the site for retail, said Colliers International senior vice president Richard Gorodesky, who is helping broker the transaction. The unidentified buyer is currently completing due diligence on the deal to buy the 27.5 acre property at 12000 Roosevelt Blvd. where the defunct cookie factory is located, Gorodesky said Friday. Current plans call for demolishing the factory and building shops in its place, he said.
March 20, 2013 |
UPPERCLASSMEN at Saint Joseph's University's Haub School of Business found out precisely where they stood among their peers when a mass email sent from the dean's office March 6 accidentally included a spreadsheet of their grade-point averages. Officials said the extensive report card hitched a ride on a solicitation for an internship in Italy that went out to nearly 500 undergrads. University Provost Brice Wachterhauser sent out an apology to students and faculty Tuesday, calling the leak an "internal human error," and emphasizing the school's commitment to privacy.
January 11, 2013 |
The Chester County Hospital and Health System said Friday that it will join the University of Pennsylvania Health System. Chester County announced in August that it would search for a partner after management decided that the $150 million to $275 million needed over the next decade to fulfill its vision for the institution was more than it could get on its own. "Throughout this process we spoke with many excellent organizations, but it quickly...
September 12, 2014 |
IT'S BEEN a while since the last celebrity sex-tape scandal, but hollywoodlife.com is reporting that folks at Vivid Entertainment are vetting a tape brought to their attention, allegedly starring "Fancy" rapper Iggy Azalea . Now she has 100 problems. Iggy's boyfriend, basketballer Nick Young , is not too happy about the news. "He hates it on so many levels," said a source. "If it is true, he doesn't believe that it is him in the video, he feels terrible for Iggy and what it would do to her career.
May 9, 2002 |
The leadership of the Philadelphia School District said yesterday that it remained confident in the financial viability of Edison Schools, but that contracts would contain provisions to protect educational programs and taxpayers if the company foundered. "We are as concerned as anyone, and we will make sure that there are strictures in contracts," Chairman James E. Nevels of the School Reform Commission said in response to reporters' questions about Edison's sinking stock price.