Confidentiality & Non-Disclosure|
Protecting the Buyer & Seller
Before any confidential information is exchanged between the Buyer and Seller a Non-Disclosure Agreement is signed by the Buyer. This assures the Seller, a Buyer will not disclose confidential business information associated with the transaction. The Seller is also bound by similar terms within their Listing Agreement. The Advisor, acting as a Transaction Broker is required to provide limited confidentiality as prescribed by their agency relationship with the Buyer & Seller.
View Sample Non-Disclosure Agreement
Qualifying the Buyer
Sellers must feel certain that a potential Buyer has been
pre-qualified prior to disclosing any confidential information. Regardless
of your financial position the Buyer must document the ability to fund the
transaction. It is the Advisor's duty to verify the Buyer's ability to
finance the transaction. This is accomplished with either a signed Personal
Financial Statement, bank letter of credit, or DUNS Report number.
Verification of the Buyer's funds initiates the Disclosure Process. Refusal
to verify funding terminates the process.
View Personal Financial Statement
Define the Target
Qualifying the Seller
Finding suitable acquisition targets requires the Buyer to establish clear, specific criteria for their business investment which may include:
Phase II - Engagement - cont.
- Product type
- Geographic location
Years in business
- Technology base
Manufacturing, Distribution, Retail or Service
Return On Investment