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A Deep Dive into Due Diligence

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Shaz takes a deep delve into the topic of due diligence and its importance in making informed decisions in business, property, and investments. He breaks down the process of conducting due diligence, starting with market analysis and understanding the target audience and industry trends. He also stresses the need to define objectives, assess business conditions, consider legal and tax obligations, and evaluate financial aspects. 

KEY TAKEAWAYS

  • Due diligence is a crucial step in any business or investment, involving thorough research and analysis to gain a comprehensive understanding of the venture.
  • Market analysis is an important component of due diligence, which includes assessing factors such as target audience, industry trends, and competition.
  • It is essential to define your objectives and goals for the investment or business, as well as identify your target market and understand their needs and preferences.
  • Legal considerations, including ownership, contractual agreements, and tax obligations, should be thoroughly examined during the due diligence process.

BEST MOMENTS

"When you're doing your due diligence...you don't have complete and full clarity on absolutely every working aspect of it." 

"The more successful people are, the more likely they are to talk to you about things that interest you." 

"Success leaves clues. We all do the same sort of things."

"Ignorance is not an excuse, especially when it comes to something that costs you money or something that is going to make you money."

VALUABLE RESOURCES

shaz@aaa-accountants.co.uk 

https://www.facebook.com/shaznawaz11

https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

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