Service description
Having business partners abroad is a challenge that we can overcome together. We will make sure that you make the right business decision by getting information about the legal, financial and media trends about the other party, so you can be sure that you are doing business with a liquid and real entity.
We ensure that your partners fulfill the legal standards of their locations, so that you can do business safely in both your location and your partners’ location.
Geographical locations:
- China
- Hong Kong
- Latin America
The New Trust vs. Due Diligence Dilemma
The economics and accountability of due diligence have changed. The managerial ability and responsibility to access the source material upon which critical decisions are made has improved so dramatically that traditional business notions of oversight and trust are obsolete. The executive implications for time management and, more important, people management are enormous. The awkward irony is that this radically increased access gives top management less choice — not more — about how it invests its limited attention...Read More...
Due diligence defined
Due Diligence is the process of evaluating a prospective business decision by getting information about the financial, legal, and other material (important) state of the other party.
Due diligence is used most often when buying a business, as the buyer spends time going through the financial situation of the business, legal obligations, customer records, and other documents. The prospective buyer wants to validate his/her opinion of the business to see if it is truly a good decision.
If you don't do your "due diligence" in a business situation, you may end up buying something that isn't as you thought it was, or you may end up in a business relationship that will cause you trouble (Murray, 2010).
Businesses told to improve due diligence to avoid scamming woes
While measures to fight white-collar crime in South Africa have become more stringent, businesses also needed to perform thorough due diligence on those parties they interact with, speakers at a seminar on white-collar crime and corruption, held in Johannesburg, said on Tuesday. Read more...