EL SEGUNDO, Calif. (PRWEB) October 20, 2020
Corra Group is offering due diligence background reports to clients concerned with decline in corporate valuation as a result of the ongoing recession. According to an article in the Harvard Business Review, entitled "Taking Stock of the COVID-19 Recession", "the severe intensity of the crisis fueled fears of systemic meltdown, driven by liquidity and solvency problems cascading through the real and financial economy."
"Many businesses have gone through their challenges due to the COVID-19 pandemic and the subsequent recession," said Corra Group Co-Founder, Gordon Basichis. "Lack of production, due to the pandemic, and the overall economic downturn has had a devastating effect on a great many businesses. Some companies have been forced to close their doors while others are hanging in there, only with solvency issues and the lack of cash reserves. Where companies were considered healthy and solvent, before engagement many warrant updated scrutiny."
"Corra Group provides full service due diligence and corporate research both domestically and globally," said Basichis. "Our background checks and data reports when combined with our reputational interviews go a long way in assisting clients in determining the red flags and relative potential of acquisition targets, engagement partners, or current and conceivable vendors and customers. Corra Group provides these reports to both corporate entities and private investigative groups who are especially in need of business research in different countries." FULL RELEASE