Forms and Resources
We understand that protecting your confidentiality is of vital importance!
Sellers don’t want anyone to know their business is for sale besides their spouse, their attorney and their CPA. We at VR Business Brokers adamantly agree! Maintaining solid working relations with employees, customers, suppliers, vendors, landlords and bankers are vital to the continuing success of any business.
Any premature hint of a possible change in ownership could disrupt these relationships and possibly negatively impact the value of the business. VR strives to maintain strict confidentiality until the time is right to reveal selectively and over time that the business has changed hands.
We use a proprietary Confidential and Non-Disclosure Agreement (NDA) with each potential buyer that protects the business owner from word leaking out that his or her business is for sale.
Our NDA includes a non-compete clause that also protects the business owner from sharing confidential information to a potential buyer only to have that potential buyer decide not to buy the business but to start a competing business instead.