Due diligence questions can take its toll on your business if you’re not prepared for it. We tell you how to prepare for it and be ready to bat the answers straight back.
This is the story of what happened as I learnt about due diligence and what it actually meant for my business during my business sale process.
Short on time preparing for due diligence? Make sure that you have 5 key areas ready as these are essential during the business sale process – you can’t shortcut these without running the risk of it negativity impacting your business valuation.
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.
What is Due Diligence… Nobody undertakes the buying or selling of a business lightly, so to find out as much as possible about their potential purchase, a buyer will perform extensive research, known as a due diligence process. This will help them to decide whether or not to go ahead with the purchase, and if […]
Twelve Steps to Selling Your Business. The business sale process is quite straightforward. Provided you’ve prepared for the sale, the journey can be a fun adventure. Listed below are the 12 steps that take over after the preparation stage is complete. These steps also assume that your business sale team is in place. The core […]