Business Confidentiality

When you decide to sell your business you are making one of the most important decisions you will ever make. This occurs after a lot of planning and thinking.

Selling can be a very unsettling and disturbing process for the owner, as you don’t want to upset staff, suppliers, or clients who may leave, and go elsewhere if they find out the business is for sale.

You have put a great deal of time and effort into building your business, and you (rightly) need to protect your business from competitors and from sabotage. Accordingly, it is essential that others respect your right to privacy, and confidentiality.

Obviously, it is essential that there should be certain restrictions and processes that a buyer must adhere to when assessing a business. A genuine and sincere buyer should have no reservations about meeting those requirements.

In business sales we say “GOODWILL IS COMPROMISED IF CONFIDENTIALITY IS NOT MAINTAINED” – and that is why business brokers know that maintaining confidentiality is critical, and why business brokers know the best way to enable buyers to acquire information whilst maintaining confidentiality and protecting each party’s position.

Maintain confidentiality and have your sale handled professionally with a professional business broker working for you.