Congratulations! You’ve just received a Letter of Intent from a prospective buyer for your business. Try to contain your level of excitement because, when that Letter of Intent arrives, you still have a lot of work to do before you sell your business and the deal closes. From here to closing, expect another 90 to [...]
Merriam-Webster Dictionary defines due diligence as “research and analysis of a company or organization done in preparation for a business transaction.” Due diligence is the process of being sure that things are as they appear before a deal is sealed.