Diligence process

Diligence, often called "due diligence," is a thorough investigation and analysis conducted before a business decision, such as purchasing a company or investing funds. It involves reviewing financial records, legal documents, operations, and risks to ensure all information is accurate and complete. This process helps investors or buyers understand the true value and potential liabilities of the target, reducing surprises later. Essentially, diligence is a careful fact-finding step that provides a comprehensive picture, enabling informed and confident decision-making.