FIELD NOTES / CATEGORY

Due diligence

Ask better questions. Keep better evidence.

A reading path for due diligence

Due diligence is the process of testing a proposed opportunity before making a commitment. The articles here focus on two complementary sources of understanding: the formal disclosures and the experiences of people who have operated the business. Start with a complete, versioned set of documents and a question log. Then use structured conversations to explore the real work of opening and ownership. Keep written obligations, reported experience, and your own assumptions separate. A useful investigation can reveal reasons to proceed, conditions that need resolving, or reasons to walk away. This collection uses U.S. franchise disclosure terminology and is intended to help you prepare for professional review, not replace legal advice.