By Andrea Smith
WHEN you decide to buy a business, the first thing that you need to do is evaluate what you are purchasing - both the good (assets) and the bad (liabilities).
The Due Diligence (DD) process is the pathway for you to:
* Obtain information about the company - is it a good deal or not?
* Get a feel for what conditions and warranties you need going forward;
* Assess the appropriate corporate structures (to acquire and for the target) and put those in place;