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Web Site Due Diligence – where to start?
Doing proper Due Diligence on a web site can be daunting. Don’t despair! The more you do this, the quicker and better you get at it. There are tools all over the internet that can drill into where traffic comes from and what the site has been up to.
The main question we are trying to ask is: “Is the seller properly representing this business, and is this something I want to own and manage”.
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What is an NDA and does it do anything?
-We are not licensed attorneys, so please do not take this as Legal advice. Always consult council before signing anything you are not familiar with and do not completely understand.
An NDA is abbreviated as a Non Disclosure Agreement. They are typically sent by the seller (or seller’s broker) to a prospective buyer.
The idea is to give each party some comfort (these are always weighed more to the sellers interests, however).