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Originally Posted by Dildozer
Verify? Anarchy I am also in the process of selling a business and am wondering what you use to verify potential buyers. I have the NDA but this is my first business sale and even with a lawyer it gets confusing. I'm in the same boat about the secrecy as well, makes it hard to negociate.
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Dildozer,
There are alot of options / questions you need to ask yourself. Do you know the potential company that might buy from you, is it a cash buyout or on terms, etc.
1. Talk to your counsel - that is a must
2. Nda of course and if there then really interested - mabey dual nda's so you can see there financial standing, books, cpa info, etc.
3. talk to counsel
