Everyone knows there are competitions in various levels of business, between companies, entrepreneurs, business establishments, organisations, start-ups and small enterprises. Of course this is an unpleasant truth. On the other hand, there are situations when entities in diverse fields or even competitors join hands and move forward with new business goals. Such mergers help them eliminate unhealthy competitions and grow together. Acquisition is the process of taking over one company by another. As we all know, this may be to expand the market and business to new segments and geographical territories. If you merge with another company or take over another one, there are a number of factors to be considered and thoroughly evaluated. Turnover, Profit and Loss, Assets and Liabilities, previous and projected performance of the company and management strategies are few of them. Obviously this is applicable to all businesses involved. This process or procedure is called Due Diligence Audit. Here comes the significance of the intervention of a reputed audit firm in Dubai. Evaluation and calculation of goodwill and other monetary values can only be assessed by a firm like Opulence. So just give us a call if you need assistance in this regard.
