What is Due Diligence?

Filed Under Business Tips, Business buying, Business sales, Selling your business | Leave a Comment

In contents of the business transaction, Due Diligence (DD) is a term used for an investigation or audit of a potential business that a purchaser is looking to invest in. 
Due diligence serves to confirm to a purchaser all material facts in regards to a business. Due Diligence is always done before entering in the agreement […]

How long does it take to sell a business?

Filed Under Business Tips, Business sales, Selling your business | Leave a Comment

In a recently undertaken survey of 100 businesses that have been offered for sale by business owners 2 years prior to our survey, of those businesses participating in the survey that were sold, we have found that the average time  it took to sell the business was 8.6 months. The advertised price range of the […]