Financial due diligence
When you are considering buying another business or company, putting the right finance in place is crucial.
Another crucial consideration is to ensure that there will be no nasty surprises within your new business acquisition at a later stage.
Financial due diligence is a process of enquiry and research designed to establish and uncover any liabilities or risks in the business being purchased that could affect the transaction or its value.
Alongside due diligence on commercial and legal issues, HB&O can provide financial due diligence by inspecting accounting and tax records to verify that the information provided by the seller is correct, that the business is a viable enterprise and that there are no financial issues affecting its value.