How much does due diligence cost?

Pricing on request. Price depends on company size and data availability.

How long does a review take?

10 to 17 business days, covering data request, financial statement and contract review, valuation, and final report.

What do I receive at the end?

A financial condition report, liability and risk analysis, business valuation using DCF or multiples, red flags with recommendations, and a negotiation summary.

Do you review educational projects?

Yes. We have experience reviewing schools and kindergartens, including analysis of subsidy dependency and tax risks.

What documents are required?

Bank statements, financial and tax reports, contracts, and liability data. We compile the exact list in the first 1-2 days, tailored to the specific transaction.

What if the company has no management accounting?

We reconstruct the financial picture from bank statements and interviews with the owner.

Do you review legal risks?

Yes. The project team includes a financial analyst and legal support. We review contracts, liabilities, and corporate structure.

Do you help structure the deal after the review?

Yes. We prepare recommendations on deal structure, term sheet terms, and corporate governance.

Due Diligence

Know the truth about a company before you invest

Due diligence is an independent review of a company's financial position before an acquisition, investment, or partnership. JB Solutions analyzes financial statements, liabilities, and risks, calculates fair business value, and delivers a report with red flags and recommendations. Delivery from 10 business days, priced on request.

Discuss my task

The first 30 minutes are free. We scope the work and name a range.

When you need this

You are buying a business or an equity stake

You are entering a partnership with a new counterparty

You are preparing your company ahead of raising investment

You are evaluating an educational project such as a school or kindergarten

What the result looks like

Due diligence report

From a project: a private school checked before an equity deal

High28% of revenue is per-student state funding and meal subsidies. Without them the school runs at an operating loss
HighMore than half of operating costs went through personal accounts in cash, so the real cost base was opaque
MediumThere was no management accounting: the financial picture was rebuilt from several years of bank statements

The decision the owner made

Four critical risk areas surfaced before the deal. Occupancy above 80% and positive cash flow rested on state support, and the investor restructured the equity entry around that fact.

Read the full case

What's included

Financial condition report
Liability and risk analysis
Business valuation (DCF or multiples)
Red flags with recommendations
Negotiation summary

Process

Data request1-2 days

We compile a document list and request access.

Analysis5-10 days

We review financial statements, contracts, and liabilities.

Valuation2-3 days

We calculate fair value and identify risks.

Report1-2 days

We deliver the final report with findings and recommendations.

Relevant cases

Education

Comprehensive Due Diligence of a Private School

4critical risk zones identified before the deal

Pricing

Price depends on company size and data availability.

From 300,000 KZT

What due diligence examines

Due diligence answers the key question for any buyer or investor: does the actual state of the business match what the seller presents? Strong-looking revenue can conceal dependence on a single income source, hidden expenses, tax exposure, or a business running on borrowed money.

We examine four layers. Financial: real revenue, margins, cash flows, and the separation of operating and financing activities. Liabilities: loans, borrowings, pledges, and hidden debts. Tax: risks of additional assessments and penalties from unrecorded transactions. Valuation: fair business value using DCF or market multiples, so you do not overpay.

The output of a review is not just a list of risks but also solutions: how to structure the deal, which warranties to require from the seller, and what to walk away from. In a private school case study, we proposed an alternative structure for the investor that offered a larger equity stake, a lower investment amount, and isolation from legacy risks.

Review examples from our practice

The figures below come from published JB Solutions case studies. Full breakdowns are available in the case studies section.

Project	Duration	Result
Private school (investor entering equity)	3 weeks	4 critical risk areas identified: subsidy dependency (28% of revenue), hidden expenses, tax risks, no accounting records. Two deal structure options provided
Computer club chain (160-plus computers, two cities)	15 business days	5 key risks across three data sources, roadmap for restoring accounting transparency

What to do when a company has no proper accounting records

A common situation in Kazakh SMEs: no management accounting, with some transactions handled in cash or through personal accounts. This is not a reason to skip the review; it is itself an important finding about the business.

In these cases we reconstruct the financial picture from several years of bank statements and a structured interview series with the owner, as we did in the private school case study. The approach takes longer but delivers an honest answer about actual profitability rather than relying on the seller's verbal account.

FAQ

How much does due diligence cost?: Pricing on request. Price depends on company size and data availability.
How long does a review take?: 10 to 17 business days, covering data request, financial statement and contract review, valuation, and final report.
What do I receive at the end?: A financial condition report, liability and risk analysis, business valuation using DCF or multiples, red flags with recommendations, and a negotiation summary.
Do you review educational projects?: Yes. We have experience reviewing schools and kindergartens, including analysis of subsidy dependency and tax risks.
What documents are required?: Bank statements, financial and tax reports, contracts, and liability data. We compile the exact list in the first 1-2 days, tailored to the specific transaction.
What if the company has no management accounting?: We reconstruct the financial picture from bank statements and interviews with the owner.
Do you review legal risks?: Yes. The project team includes a financial analyst and legal support. We review contracts, liabilities, and corporate structure.
Do you help structure the deal after the review?: Yes. We prepare recommendations on deal structure, term sheet terms, and corporate governance.

Discuss your task

We respond within 1 business day