Austin to San Antonio Enhanced Due Diligence Investigation
Why is Due Diligence Investigation so important?
Who should do Due Diligence? The Short answer is EVERYONE!
Austin Commercial businesses. When you are starting are expanding a business you should complete a enhanced due diligence investigation to assure you know the reputation of the business partner and potential other business holdings, who owns the business you seeking to lease and whether they are insured if the leasing company owns the property. The type of clientele you seek and the business they keep. Any potential labilities such as loans, titles, lawsuits and liens.
Contractors including General Contractors:
To identify potential risks, ensure compliance with regulations, and evaluate contractor capabilities. General contractors should verify tradesmen comply with all state license and insurance requirements. To verify reputation of tradesmen and employees working in direct contact with clients. Verify ownership of project's location and vet potential clients.
Attorneys:
To identify potential areas of risk, mitigate areas of concern, obtain potential witnesses and involved parties. Identify additional involvement in unrelated lawsuits. Increase efficiency and reduce liability.
High Net Worth Individual's:
To prevent potential liability, mitigate risks, and increase efficiency in business and personal relationship building.