The due diligence process in analyzing and evaluating an existing business can be just as time consuming as the development of a comprehensive business plan for a start-up.

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Due diligence involves in-depth research and analysis of various aspects of the existing business, such as financials, operations, market trends, legal issues, and more. It requires a significant amount of time and effort to evaluate the viability and potential of the business, just like developing a business plan for a start-up.

The Due Diligence Process in Analyzing and Evaluating an Existing