Due diligence is an essential part of the acquisition process. It is the process of examining a potential acquisition— performing research, analyzing data, and conducting interviews— to make sure the business to be acquired meets all legal, financial, operational, and strategic requirements. The due diligence list for acquisition should include items such as assessing the target company’s value; evaluating its operations; checking for any legal liabilities; analyzing financials and cash flows; reviewing customer base and market position; and verifying ownership structure. Taking the time to do proper due diligence can help investors make informed decisions about their acquisitions and understand the risks associated with them.