Due Diligence Investigations and Reports

Due Diligence

If you have identified a business opportunity make sure you know as much as you can before you commit. That’s what ‘due diligence’ is all about.

Conducting due diligence in terms of assessing a business acquisition, merger or other opportunity is vital step. Only by understanding properly how a business operates in detail can you decide if the opportunity matches your expectation – and budgetary needs.

Typically due diligence will be undertaken after an in principle deal has been agreed but before that becomes legally binding. Confidentiality is an important part of the process – the seller needs to know that their business’ information won’t be misused if the deal falls apart and the buyer needs to know that the business is what they think they are buying.

 

Investigations

When investigating a business some of the matters that may need to be reviewed include:

• Financials – do the reported accounts tally with the company’s internal records?
• Credit issues and business disputes? Are you buying a business or into litigation?
• Business structure and ownership – does the entity for sale actually have the right to sell the business the seller wants to buy?
• Intellectual property – have plans, designs, processes, logos, branding all been protected? Are these part of the deal?
• Current contracts – internal (employees/directors) and external (suppliers, clients)

And a host of many other issues besides.

 

We can help with your due diligence needs

At Bell Legal Group our highly experienced Commercial Law team have the skills and knowledge to help you. Call us today on 07 5597 3366 or simply fill out the ‘Contact Us‘ form at the bottom of the page and we’ll get in touch.