How do influencers make money from custom community apps?
To conduct due diligence on a software company, you must evaluate its reputation, experience, and client references. At NineTwoThree, we heavily suggest you assess financial stability, software development processes, legal compliance, customer support, scalability, data security, and privacy measures. We also urge potential buyers to review contracts, seek legal advice, and consider external experts like NineTwoThree Studio for support.
At NineTwoThree, the main objective of our due diligence engagements are to create a list of stabilization activities necessary to significantly improve the quality of the product. We will assess the processes employed by the current team: Software Development Lifecycle, Security, Logging, Code Style, Tech Stack, Deployment, Testing, QA, Planning, Documentation, and other Project Management practices, identify gaps and suggest improvements, along with the associated cost estimates.
The most efficient process will require several Q&A sessions with the current development team to discuss current practices, technical approaches, and decisions. Our packages include the following:
What's the Difference Between Due Diligence and Compliance?
Due diligence is the process of conducting thorough investigations, assessments, and analyses to gather information and make informed decisions. It involves evaluating various aspects, such as financials, risks, legal compliance, and operational practices.
Compliance, on the other hand, refers to the act of conforming to laws, regulations, policies, and industry standards. It involves ensuring that an individual or organization adheres to the prescribed rules and guidelines, often set by governing bodies or regulatory authorities.