This guide will walk you through the due diligence process when purchasing a UK business.

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A Step-by-Step Guide for UK Business Purchasers

Due diligence is the process where a buyer reviews and verifies the information supplied by the seller about the business, usually before deciding whether the proposed purchase is a sound commercial investment and signing the purchase agreement. This could include examining the business’ records and inspecting its physical assets.

When buying a business, one of the main risks that due diligence can uncover is that the equipment is not owned by the seller, or that important agreements cannot be transferred. This can be costly or cause the business to fail. 

This guide will provide you with an overview of the due diligence process required when buying a business, and how to complete it.

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