Prospective client investigations should be done when considering a business relationship. This may include evaluating the following prospects:

  • Law Firms
  • Accountants
  • Computer Companies
  • Bankers
  • Investment Brokers
  • Etc.

Further, you should do these before you take on new clients in hopes of long term business relationships. Consider these due diligence investigations as a means of scrutinizing the firms you choose to work with now and into the future in hopes of minimizing your business risk & potentially embarrassing situations.

These investigations may include but are not limited to the following:

  • Identification of key business people
  • Identification of business headquarter location
  • Verification of physical location
  • Identification of known business affiliations
  • A search of state and federal court records
  • A search of suits, liens and judgments
  • A search for commercial and or personal bankruptcy filings
  • A search of newspaper indices both locally and nationally
  • Verification of compliance with regulatory agencies
  • Confirmation specialized licensure
  • Other inquiries as necessary
Prospective Client Investigations

Although prospective client investigations are similar to due diligence investigations, business background investigations and desktop investigations each can be different depending on the client’s definition, needs, as well as the nature, depth and scope of each assignment.