Data room 101 As part of every business sale process there will be a period of due diligence. During this period, potential buyers will want to make sure that they are really actually buying the business that they think they are! Part of this will mean that all your company documentation and processes will be looked […]
This article about understanding the importance of the data room explains why its worth investing the time and effort into getting all your ducks (in this case – documentation!) in a row for potential buyers ahead of time.
When considering selling your business, you may hear mention of a Data Room. Since this is something specific to the due diligence process of a business sale or a project bid, your first question may well be “what is a data room”? And following after, you’ll then wonder what a data room index is.