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Subscribe to LegalVision's YouTube channel: / @legalvisionlaw Sign up for our business newsletter to receive updates on our upcoming webinars and legal news: https://lglv.sn/newsletter-signup When buying a business, it is essential to identify any risks upfront before signing the sales agreement. This risk identification process is called due diligence, and it helps you to verify key information about the business to minimise risks and increase your chance of future success. To help you understand this process, Nina Vanderlaan (Senior Associate) explains: what due diligence is; why undertaking due diligence is important; what information to review during due diligence; determining what information is relevant and important; and. how to manage issues you discover. About Nina Vanderlaan Nina is a Senior Associate in LegalVision’s Corporate and Commercial team. With her mix of private practice and in-house experience, Nina can provide LegalVision’s startup, SME, and enterprise clients with high-quality, pragmatic advice on a range of general corporate and commercial matters. Visit legalvision.co.nz or call 0800 005 570 to get in touch with our team. 00:00 Intro 01:57 What is Due Diligence? 03:01 Why Due Diligence is Important? 04:47 The Process 09:19 Areas to Look At 15:50 Determining What Information is Important 18:28 How to Deal with Issues and Reduce Your Risk 22:22 Due Diligence Checklist 25:45 Q&A ***** STAY CONNECTED WITH US ***** To access more legal information videos to help you run your business, subscribe to our channel: / @legalvisionlaw AU WEBSITE ➡ https://legalvision.com.au NZ WEBSITE ➡ https://legalvision.co.nz UK WEBSITE ➡ https://legalvision.co.uk TWITTER ➡ / legalvision_law FACEBOOK ➡ / legalvision LINKEDIN ➡ / legalvision-group INSTAGRAM ➡ / legalvision_law TIKTOK ➡ / legalvision.law Request a consultation by visiting our website or emailing us at [email protected] The information provided in this video is for general informational purposes only and does not constitute legal advice. While we aim to provide accurate and up-to-date content, laws and regulations may vary, and the information may not apply to your specific circumstances. We encourage you to contact us for a free consultation so we can provide advice specific to your circumstances.