Over the last two articles we have looked at:
What Due Diligence Is
A highly detailed look at the business you are considering to buy
Who Carries Out The Due Diligence
You, your attorney/lawyer and/or your accountant
What To Look For In Financial Information
A whole lot of things that you need to know and will have to follow the link [...]
Last time around we looked closely at what due diligence is. We agreed that taking a very close look at what you are about to buy is not only a good idea it’s a prudent one too.
But who is expected to carry out the due diligence process and what does it entail?
How do you know that the seller of a business is telling the truth?
How do you know if he has or he hasn’t “cooked the books”?
The simple answer is a not so simple phrase; due diligence.
Due diligence is the investigation that needs to be completed before buying a business. It is done to protect your [...]
