Due Diligence in IT Business Selling: What You Should Know About Due Diligence

Due diligence is an essential phase in the sale of a company or the sale of business shares. After the field of interested buyers has compacted and few potential buyers have signaled their serious buying interest, the interested parties are given a temporary opportunity to deal with very detailed information about the property. The prerequisite for this is the completion of a letter of intent in the form of a letter of intent (LOI) and, of course, a declaration of confidentiality, which is usually already available by this time.