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You will want to know as precisely as possible what the business is about. »Ê¹ÚÌåÓýapp basic questions to ask will be similar regardless of size and type of business. »Ê¹ÚÌåÓýapp following list is far from exhaustive.

• What products are sold or services provided?
• What is bought and from whom?
• What does any manufacturing process consist of?
• Is the trade cyclical?
• In a cash trade, is there a weekly pattern of trading?
• What are the usual terms of trading, for both sales and purchases?
• What types of stock are held and where are they held?
• Are estimates provided to potential customers?
• Are there different branches, if so what responsibility do the managers have?
• What records are needed for administration purposes, for example appointment diary, job diary, room occupancy record for an hotel, goods in or out records, and so on?
• Are any staff paid piece rates, or performance bonuses?
• How are orders received from customers?
• How remote is the proprietor or director from the receipt of cash?