Due diligence can be an overwhelming experience – but the more effectively you go through this phase as a buyer or seller, the less risk for both parties. There is a wealth of information you will want to know, and over the next few weeks, we will be adding more tools and content to help you navigate this stage.
To get you started, we’ve rounded up some of our favorite web articles and resources. This will help outline the path you will likely go down, and give you an overview of the things you will need to be looking for.
Not all of due diligence is about the business risk – some of it is about your personal risk and fit. It is important to continually be assessing if a business is right for your skill set, motivations, and other requirements. On the other side of the deal, it is important to assess if a buyer has the right skill set, motivations, and financial ability to buy your business. Read more here.
Dejardin has also put together a great checklist of items to consider when conducting due diligence on a business.
Not all businesses are the same. Some areas will require some additional in-depth due diligence depending on the businesses. If you are interested in acquiring a tech company, there is a great resource from the folks at Synopsis. Click here to learn more about their M&A Due Diligence Checklist.
There is a flow to due diligence, and often it can be confusing to know what comes when. CEO Hangout has a great article outlining the steps involved in due diligence when purchasing a business and the order the steps typically happen in.