Business Due Diligence (BDD)
Business Due Diligence (BDD) is an essential element to a successful commercial transaction. Specifically, for a business acquisition, the due diligence stage allows the buyer to assess the value of the business and to verify the information pertaining to the business in order to determine whether to proceed with the purchase. The due diligence period also permits the buyer to determine if there are any barriers or risks associated with the transaction. Accordingly, the transaction is usually conditional upon the due diligence stage being completed. The due diligence period is typically two weeks to one month in length, but can vary depending on the complexity of the transaction. Often the buyer and the seller will enter into confidentiality agreements prior to commencing the due diligence so that the seller can be certain that the information the buyer receives/reviews will be subject to confidentiality restrictions. Majority of the information for completing due diligence is obtained directly from the seller. Due diligence generally falls into two main categories: legal due diligence and business due diligence, Legal due diligence is done by a lawyer where as BDD is done by the buyer or its representative.
How we help
We, Finlinx can help you in doing Business Due Diligence, particularity
- To verify/accuracy of the financial & operation information/record.
- To evaluate the purchase price and payment terms.
If you are looking any kind of our service in Business due diligence, please click the gold bar, and we will be glad to assist you.
