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Due diligence allows buyers to make informed decisions based on the target's financial status. Cian shared an eye-opening experience during the due diligence phase of a bus transport company deal: "When the invoice discounting company went to assess the company we were going to buy, they… had nothing.
FinancialStatements Start with a thorough review of financial documents. These records provide a snapshot of your company’s profitability, financial stability, and cash flow: Income Statements : Analyze profitability by reviewing revenues, expenses, and net income over the past three to five years.
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