Who You Choose to do Business With Matters
Due Diligence High Risk Vendors / Independent Contractors
Who you choose to do business with can have a significant impact on your business. If a business partner, executive, employee vendor or independent contractor is engaged in high risk activity, you might end up in the cross-hairs of a problem they created. Before engaging their services, do your due diligence. If you learn later of some high risk activity, then choose to act urgently . . . before it's too late.
Knowing WHO you are doing business with can help you identify RED FLAGS so you can make informed decisions.
Due Diligence has 3 Stages:
BIZLAWGIC offers services related to all 3 Stages of due diligence in forming contracts.
I. PRE-CONTRACTING STAGE
You simply provide a few details related to the individual and their business in a questionnaire, sign a limited scope legal services agreement and pay.
Then, BIZLAWGIC will compile a detailed report to assist you in deciding whether to do business with them and how to protect yourself moving forward.
Being pro-active BEFORE signing on the dotted line empowers you to make informed decisions and mitigate risks of doing business with the other party.
For only $500, the detailed report includes information related to:
1 Individual Name AND
1 Business Name*
What kinds of information may be included in the report? Nationwide information related to:
- Current and/or past executives
- Name variations
- Operating locations
- Registered agent(s)
- Possible employees
- Industry information
- URLs associated
- Pending or past litigation
- Past addresses
- Divorce or Separation
- UCC filings
- Real Property
- Motor Vehicles / Watercraft registered
- Aircraft registered
After compiling and reviewing the report, BIZLAWGIC will send you a copy, along with a link for you to schedule a 15 minute phone call to discuss:
- Potential risks related to doing business with the other party, and
- How to mitigate those risks moving forward.
II. CONTRACTING or ENTITY FORMATION STAGE
After engaging in pre-contracting due diligence, BIZLAWGIC can assist you in forming an agreement that protects you from those risks identified in the report. For pricing related to contracting and/or entity formation, please refer to contracting and Entity Formation.
III. POST-CONTRACTING STAGE
As part of BIZLAWGIC services, your agreements are signed through an electronic signing process, so all parties have access to the signed document with verification information. Then, they can download and store in their files.
BIZLAWGIC is here to serve you!
To start your due diligence report, please let us know by filling out the contact form.
* NOTE: For a custom quote that includes additional individual names and/or business names, please include thoes in your comments in the contact form and we'll let you know the additional cost.