INTRODUCTION

Business growth comes through multiple business transactions. You, as the CEO of your business, often have to engage in business transactions with persons and entities that you do not really know well. The purpose of this short write-up is to introduce you to corporate due diligence. You will learn the steps that are important to avoid swindlers and scammers. You will learn how to spot simple red flags in transactions.

Due diligence entails your company being sure of the following:

1. That the business you are transacting with is legitimate
2. That the representations and statements made by the business is true.