Due diligence is essential to assess the risks and opportunities associated with any potential transaction or investment.
It is commonly conducted before making a significant business decision, such as a merger, acquisition, investment, or partnership.
Due diligence is a comprehensive and systematic process that all entities should undertake before entering into a business transaction or making a significant decision. It is a critical step to assess and verify the accuracy, feasibility, and potential risks and rewards of the transaction.
The results of the due diligence process help stakeholders make informed decisions, negotiate terms, set pricing, and assess whether to proceed with the transaction or take appropriate actions to mitigate risks. Due diligence is a crucial step in minimising surprises and protecting the interests of all parties involved in the transaction.