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Old 10-29-2008, 11:00 AM
h2o h2o is offline
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Join Date: Sep 2008
Posts: 117
Default Taking over an Existing Business

I'm taking over a business that my friend had run for 15 years. He is retiring and selling the business to me at the end of the year. In order to get bonding, I understand that business financials may be required. Since the company will be under new ownership, will I still be able to use the company's business financials from before I took over or will the company be treated as though it's a new company?
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