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Due Diligence: What Is It?Due diligence refers to the investigation or research done by a buyer before making a business decision, such as purchasing a company or entering into a partnership. It’s essentially a way to ensure that all relevant facts and risks are understood before proceeding.For example, if a company is considering buying another, they’ll carry out due diligence to check financial records, legal compliance, existing liabilities, and any potential risks. This helps the buyer make an informed decision about whether to move forward with the deal and at what price.
Due Diligence: What Is It?
Due diligence refers to the investigation or research done by a buyer before making a business decision, such as purchasing a company or entering into a partnership. It’s essentially a way to ensure that all relevant facts and risks are understood before proceeding.
For example, if a company is considering buying another, they’ll carry out due diligence to check financial records, legal compliance, existing liabilities, and any potential risks. This helps the buyer make an informed decision about whether to move forward with the deal and at what price.
