The importance of due diligence - avoid repenting at leisure.

Q: We are a small broker and are about to undertake our first acquisition. Should we carry out du...

Q: We are a small broker and are about to undertake our first
acquisition.


Should we carry out due diligence and if so, how should we go about
it?


A: Whatever the size of the potential purchase, I would recommend carrying
out your own investigation (due diligence) into the business.


This is the opportunity for you to evaluate the risks involved in taking
on the prospective purchase from your own perspective, and to assess how
you are going to integrate it into your own office.


You need the full co

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