The Buying Process

The vast majority of Business Buyers are acquiring a business for the first time. Unlike other products or services that they purchase, the acquisition of a business involves step and procedures that may surprise the buyer but are necessary to begin the buying process. 

With a business acquisition, the Buyer will probably need to share personal information with the Business Intermediary on a confidential basis plus sign a Non Disclosure Agreement prior to receiving any information about a business. Often the Business Intermediary will ask for a resume' or personal history from the Buyer. This request will often help the Business Intermediary identify businesses that are available but not on the market which might of interest to the Buyer. After a line of communication is established, the Business Intermediary can then share confidential information including financial performance and business history.