Initial Needs List

After the Engagement Agreement is signed, the next step is to email Russ the following data requests.

Please use Excel Spreadsheets in place of PDFs or images whenever possible.

INITIAL NEEDS LIST REQUESTS (skip anything that doesn’t apply):

  1. P&Ls (accrual basis, exported as spreadsheets)

    1. 🔲 2025 Trailing Twelve Months through recent month (i.e. 4/30/2025) by month 

    2. 🔲 2024 annual P&L

    3. 🔲 2023 annual P&L

    4. 🔲 2022 annual P&L

  2. Balance Sheet (accrual basis, exported as spreadsheets)

    1. 🔲 Recent end-of-month Balance Sheet (i.e. 4/30/2025)

    2. 🔲 12/31/2024 Balance Sheet

    3. 🔲 12/31/2023 Balance Sheet

    4. 🔲 12/31/2022 Balance Sheet

  3. Cash Flow Statement (exported as spreadsheets)

    1. 🔲 2024 Monthly Cash Flow Statement (if available)

  4. 🔲 Accounts Payable Summary Report

  5. 🔲 Accounts Receivable Summary Report

  6. Tax Returns

    1. 🔲 2024, 🔲 2023, & 🔲 2022

  7. 🔲 Employee Report (simple spreadsheet table showing role, length of service, average weekly hours working, and annual compensation)

  8. 🔲 Equipment / Asset List with itemized market values (not original retail value)

  9. Lease/Property

    1. 🔲 Copy of Current Lease 

    2. 🔲 Current or proposed Lease Rate/month

    3. 🔲 Current or proposed Lease Term

    4. 🔲 Property square footage

    5. 🔲 Estimated value of property (if owned by Seller)

  10. Lawsuits & Insurance Claims 

    1. Please list any 🔲 lawsuits, 🔲 insurance losses or 🔲 claims within the last 3 years.