Diligence Report

Diligence Report

January 8, 2021 by investor

In running a deal follow-up process, you’ll need to create a diligence report.

Here are some key points to consider:

– Start with a template that lists the required information.
– Include instructions in the original template for the team members to follow.
– You may be cycling through many members so you should write out the expectations for each task.
– Keep the report short and to the point.
– Build the report as you go and capture information in one place.
– The deal lead should edit the final report for readability and consistency. Everyone on the deal team has access to the report so the status is clear and what’s not yet done is obvious.
– Capture not only the data but also the deal team’s thoughts and impressions.
– Store the diligence report in the folder or box account along with the supporting information.
– Keep a list of all diligence reports for future review.
– Finally, share the report with the investors interested in joining the deal.

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