Financing secured and moving into DD

by a searcher from Brock University

5 months ago

I have secured terms for a deal that I have under LOI, and planning to move into formal due diligence this week. Any tips or recommendations for first timers entering this phase?

I already have my legal and financial team set

Thanks!

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investor from Northwestern University - Kellogg School of Management

I would organize your diligence based on the most important items first and then work your way down from there. If the earnings of the business are not as reported, that is a much bigger problem than something small like a business license issue. It also avoids you meeting with employees or customers if a deal is not going to occur.

2 weeks ago | like reply | 0 likes

searcher from Brock University

Thanks for the tips Laura! And I appreciate our early discussions as well!

4 months ago | like reply | 0 likes

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