Due Diligence Q&A
Due Diligence helps to evaluate a business opportunity and covers the comprehensive investigation into all aspects of a target company’s operations, be it present, past or future. Though something of a grandiose term, Due Diligence actually just means using common sense to “do your homework”.
Social Data: The Future of Online Fraud Prevention?
With over 52 percent of US consumers purchasing products online, it's vital to provide more room for sales improvement and to reduce online fraud
Customer Screening: A Guide to Understanding Company Accounts
When it comes to protecting your business, ensuring that you have confidence in your transactions is essential. Whether you're taking on a new high-value client, entering into a long-term contract or trying to qualify potential leads, getting hold of another company's financial history can be a huge help in determining if you are facing any possible risks.
A Guide to the Biggest Factors That Impact Your Business Credit Score
Your business' credit score holds the key to the success of your finances for a number of reasons, and is ultimately a positive or negative reflection of your company. In contrast to your personal credit file, business credit reports are available to anyone who inquires about it - including potential lenders, investors, suppliers, customers and competitors.
The Importance of Performing Due Diligence Checks on Your Customers
When it comes to new business transactions, it is important that you have confidence in your customers - particularly if there are large sums of money involved and/or your potential clients are not well known. Performing due diligence checks on customers is common-place in the financial sector, where such background checks are not only logical but grounded in legislation
What is a Business Credit Score?
Monitoring your business' credit score should be a regular practice for all companies, regardless of industry or size. Given that these reports are available to anyone who wants to see them, including potential lenders and suppliers, it is vital that you are aware of the information that yours currently contains.
How to Build and Maintain Strong Business Credit
Having a good credit score can ultimately be the difference between success and failure for your business. Given that these reports are available to anyone who wants to see them, including potential lenders and suppliers, it is vital that you are aware of the information that yours currently contains.