When conducting due diligence on a business acquisition there are usually three main areas a potential buyer and their advisor will focus on: Commercial, Financial and Legal.
As advisors to business we provide financial and commercial due diligence and often coordinate the legal due diligence with our client’s solicitor.
As due diligence issues often overlap and stretch across more than one of the three main areas when buying a business, we have created a due diligence checklist that helps to cover multiple areas by addressing five key components of business:
- Customers and markets
- Inventory and suppliers
- People and processes
- Contracts, licences, registrations and agreements
- Business and financial performance
The checklist is not meant to be prescriptive in terms of how you conduct due diligence under every circumstance, but instead provide some helpful questions to consider as you work through the process.
Click on the image below to download the Due Diligence Checklist.
The JPAbusiness team regularly prepares custom due diligence checklists for clients who are considering buying a business.
If you would like support conducting due diligence on a business purchase opportunity, contact the JPAbusiness team for an obligation-free consultation.