Due Diligence is an investigation period critical in the sale process, encompassing two distinct phases.

In the initial phase, following responses to the offering document, a select group of 5 to 7 potential buyers engage in discussions about the sale. Prior to this, comprehensive documents are compiled and securely stored in a cloud-based virtual data file, facilitating a smooth and transparent exchange of information. Each potential buyer signs a standard non-disclosure agreement before individually visiting the company's premises, delving deep into its operations, and addressing any inquiries or concerns.

Following these visits, interested parties are invited to submit formal offers to purchase, detailing parameters such as price and financing terms. A thorough evaluation of these offers leads to the selection of a preferred buyer, who then enters into a secure due diligence period. Here, the prospective buyer, alongside their legal and financial advisors, meticulously scrutinizes the company's records, operations, and financial health.

This intensive due diligence phase, typically spanning 3 to 4 months or longer, marks a pivotal stage in the sale process. It demands unwavering dedication and meticulous attention to detail to ensure all aspects of the business are thoroughly examined, paving the way for a seamless transition of ownership.

Recognizing the significant demands of managing the company alongside the due diligence process, we offer comprehensive support, allowing you to focus on your business while we handle the intricate details of the sale.