Due diligence is an investigative process used to gain assurance for a particular business transaction. It typically involves gathering facts about the proposed acquisition, sale, merger, or other type of business deal before taking any action. The aim here is to determine whether the overall deal is worth investing in or if any risks exist that could potentially affect its success. By taking the time to properly evaluate a deal beforehand, organizations are able to make smart and informed decisions on how they proceed. While it’s impossible to eliminate all risk, due diligence can minimize it significantly.