Here are the four steps:
1- Make sure the whole team is up to date on the plan.
2- Take time to review and resolve any personnel distractions.
3- Communicate what is happening and why to everyone.
4- Visit reference customers, partners and vendors.
“'The key theme for a successful due diligence is full disclosure and no surprises before or after the commitment,' Zwilling concludes. 'If more marriages were subjected to the same rigor, the divorce rate would likely not be in the current 50 percent range.'”
Four steps start-ups should take to survive the due diligence process – Tech Transfer e-News – Tech Transfer Central
In his recent article for Entrepreneur, start-up expert Martin Zwilling offers advice to founders on how to survive the due diligence process conducted by investors