article thumbnail

6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

In any case, before you select a specific outsourcing or contract alternative, there is no substitute for doing thorough due diligence. You need to capture the learning in your own team from the evolution. Visit the contract location, investigate their skill level, training, and quality of their facilities.

article thumbnail

6 Due Diligence Goals When Vetting Business Partners

Startup Professionals Musings

You need to do the due diligence to make that decision before you sign away your equity. As a former startup investor, I was often involved with due diligence on founders, and I felt that founders should do the same on co-founders, as well as investors. Start now, and you won’t have to look back later.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Tips On Due Diligence On Any Startup Funding Offer

Startup Professionals Musings

In this scam, you are offered a very attractive term sheet due to close in 90 days or so, with a deposit required to hold your position while due diligence is being conducted. Don’t count on ever passing due diligence, or even getting that deposit back. Professional investors don’t work this way.

article thumbnail

7 Due Diligence Checks On Your Idea To Save Some Pain

Startup Professionals Musings

Some analysis and due diligence along the following lines should be performed on every idea, as a reality check, before committing your efforts and other people’s money to building a business: Look for places where competitors are few.

article thumbnail

The Due Diligence Hierarchy of Pain

View from Seed

When a founder is raising money, he/she should expect that any serious investor will conduct some level of due diligence before getting to yes. I find that most investors I like to work with are pretty mindful of the cost associated with each step of their due diligence.

article thumbnail

Merger and Acquisition Due Diligence Checklist

The Startup Magazine

When it comes to mergers and acquisitions, taking due diligence takes center stage. Without proper due diligence, you might find yourself in a serious financial mess. On these lines, this guide is going to take you through the Prolifogy Mergers & Acquisitions Checklist and how to take due diligence.

article thumbnail

4 Keys To A Successful Integrity Check With Investors

Startup Professionals Musings

This is the mysterious and dreaded due diligence process, which can kill the whole deal. Some entrepreneurs do very little to prepare for due diligence, assuming all the talking has already been done, and the business plan and results to-date tell the right story. My best advice is to stick to the middle ground.