Due diligence
When your bosses or prospective financiers go ahead in principle with your proposal, they will start their review process described earlier. They will also make other investigations to confirm that you are legal, decent and honest. This is quite simple for internal plans, more complex for external business plans. Whoever approves your plan will want evidence on file that they have exercised due diligence in deciding to provide you with backing.
Note
 | Indeed, the business plan is a key document. Sometimes its main purpose seems to be to go on file as protection for the decision-maker. It must be a fair and truthful assessment of the ... |
Get Definitive Business Plan, Second Edition, The now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
