for new investments at the firm, At this stage, typically reviewing and negotiating a Confidentiality Agreement with the seller before receiving more detailed information

in this stage what are :

what are the questions to the seller to fill in any gaps in the information provided?

what additional pieces of information are requested to finalise the initial analysis?

what to compile with a list of analyses/due diligence exercises that needed conduct, and external parties need to contact in order to fully analyze the opportunity in the next phase?

What are the initial thoughts and arguments for why this is interesting enough as a potential investment to explore further?

Propose an execution plan to implement if and when the Non-Binding Offer is accepted by the seller, and due diligence is commenced.