The infographic titled "Key Areas of Due Diligence for UK Office Furniture Acquisitions" outlines essential steps for evaluating a business before purchase. It emphasizes Financial Due Diligence, involving a thorough review of trading data, balance sheets, and forecasts to assess economic stability. Legal Due Diligence focuses on identifying potential legal risks by examining contracts, licenses, and regulatory compliance, ensuring transparency and preventing unforeseen liabilities. A comprehensive Market Analysis evaluates growth potential and the competitive landscape through long-term sales data and industry trends, guiding the buyer on market positioning.
Operational Due Diligence assesses internal structures, including management, staffing, supplier relations, and equipment, to determine efficiency and integration ease post-acquisition. Strategic Due Diligence ensures alignment with long-term goals, often involving senior management and financial advisers, especially when external funding is required. Finally, Accounting Due Diligence provides an objective auditor’s report on financial practices, offering a final comprehensive assessment before finalizing the deal.