The following described confidential disclosure process provides buyer and seller alike, a Buffer of Confidentiality and thus facilitates the free flow of confidential information, through a safe and secure medium.
The first information in the disclosures process is that input into and analyzed by ValuPro in the valuation process, typically including the last 5 years CA/CPA prepared FYE financial statements. It will often include monthly year-to-date internals as well and sometimes historical internals on a monthly basis. It will also include information about the marketplace trends, customer base, suppliers, employees and other operational detail.
While potential buyers will want to receive quantitative information quickly in order to measure a level of interest or lack thereof, and while the preponderance of confidential information disclosed in the process will be that pertaining to the business-for-sale, the owner/seller will also want assurances as to the legitimate intent and ample capabilities of the buyer, and disclosures with regard from the buyer will be required in the process outlined below.
Such information is passed from both parties, to Business-Trader.com, where it identity and all other information is held in confidence except as provided herein; described in... more
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