Glossary
Due Diligence
The careful review of a company before a purchase: figures, contracts, taxes, staff, equipment and risks. For small businesses, this is usually done with a tax advisor and a law firm.
Related termLetter of Intent (LOI)A document in which the buyer and seller set out the key points of a planned takeover, such as the price range, timeline and exclusivity.Next Read moreTake over or start a company: What's a better fit for you.Next
FAQ
Frequently asked questions
What is due diligence?
The careful review of a company before a purchase: figures, contracts, taxes, staff, equipment and risks.
Want to take over a business?
Our programme gets you ready to take over a business, compact and tailored to you.
For successors