4 tips to keep sale confidential
Post on 13-Sep-2014
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http://sellyourbusinessflorida.com/4-tips-to-keep-the-sale-of-your-business-confidential/ - Breaching confidentiality can make a business unsellable. Learn how to preserve the integrity of your business and sale.TRANSCRIPT
4 Tips to Keep the Sale of
Your Business Confidential- Part 1
With Kimberly Deas
Rumors Spread
Why Confidentiality is Important
• Employees – Anxious, Tell Customers• Customers – Doubting, stop coming• Vendors – cut credit lines
Tip #1: Use a Business Broker
• Knows What questions to ask• Separates you from buyer
Tip #2: Mums the Word
• Don’t disclose to ANYONE
except advisors
Tip #3: Less is More
• Keep trade secrets – a secret
Tip #4: A “Do Not Show” List
• People to not show the business to