The Process of Buying or Selling a Business: A First-Time Seller’s Guide to Due Diligence
Strictly Business
JANUARY 25, 2024
Once the basic terms of the deal are agreed upon in a letter of intent , the buyer will want to sift through your business and legal records with a fine-tooth comb. This meticulous review of your business, from contracts to customer lists, is called due diligence. Due diligence allows the buyer to uncover risks when buying a business.
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