Due Diligence
Due diligence is a comprehensive appraisal of a business undertaken by a prospective buyer. It involves evaluating the business’s financial, legal, and operational aspects to identify potential risks and opportunities.
Key Takeaways
- Due diligence is a thorough business appraisal by prospective buyers.
- Evaluates financial, legal, and operational aspects.
- Identifies potential risks and opportunities.
- Essential for informed investment decisions.