Guide to Buying a Business

The importance of conducting due diligence

Buying a business is an important decision and requires careful consideration in many aspects such as financial, legal, operational, product, and human capital. Conducting a thorough due diligence is an important task that cannot be overlooked. Failing to do so may cause you to make a wrong investment decision, which can cause you to lose money, or even land you with an unknown debt or lawsuit. Also, the business might not fit your existing business or goals as well as you originally thought. Conduct due diligence so you don’t get stuck with a business that has no future.


Conducting due diligence can be a daunting task and it is best not to conduct it alone. You can seek help by contacting Factor1 or your lawyer who have experience in this area. We can help to look for red flags that you may have missed on your own and help review the financial documents to help you make the right financial investment. When considering a business opportunity, go through the checklist below to collect as much information about the business as possible, which you can then discuss with us or your lawyer for assessment.



Business Valuations

Advise on business purchase and sale

Whether you are working as a sole proprietor, in a partnership, a trust, or a company, Factor1 provides a solid foundation for your business by setting up the right taxation structure, marketing, and technology strategies.

We recognise that your business is unique and your requirements are too, and develop solutions that work for you specifically, tailoring solutions that will work best for both you and your business. From the inception of your business idea, through to an eventual sale, we will help you navigate through all aspects of running and owning a business.

Click here for more info on our Business Valuation service.

Due Diligence Checklist

Complete the Enquiry form and we will email you a copy of the Due Diligence Checklist that will help you get started on your new business venture.



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