Operational Due Diligence
So what is Due Diligence?
Due diligence is defined as,
‘The process of investigation carried on usually by an independent third party on behalf of a party contemplating a business transaction for the purpose of providing information with which to evaluate the advantages and risks involved. ‘In simpler terms it could be described as thorough research and independently verifying the information obtained. The actual process is a great deal more complicated than simply researching a company and writing a report. The reality is, that what you need are a whole range of documented checks to confirm the legitimacy of the businesses and the profitability of the continuing operations. However you dress it up, or down, the fundamental fact remains that properly conducted, effective due diligence can benefit both seller and buyer and may lead to long- term business relationships.
Why do I need it?
Due diligence is increasingly becoming a necessity rather than a luxury. Effective due diligence is now essential as a result of certain matters that are becoming worryingly common in both the business world and everyday life. The focus is on these matters, and that the problem is not going to disappear
How do I go about it?
RTS prides itself on its expertise and we can assist you with the action you need to take. To perform a due diligence audit of your functional operations area.
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