The (NDA) Non-disclosure/confidentiality Agreement is one of the more critical documents that Sellers and Brokers use to keep propriatary information, location and name of a business confidential so that the possibility of the sale of the business does not cause undue alarm among the employees, suppliers and or clients. Premature disclosure has caused businesses to lose employeess, cause suppliers to go to “cash only” upon delivery and clients to “jump ship” and go to the businesses’ competition…..and believe me, when the competition gets wind of their competitors possible sale, they move in like vulchurs. Any Business Broker that doesn’t require the NDA be signed before the distribution of data, name and location is in violation of their Code of Ethics as well as their duty to their Client, the Seller. Ladd McGowan-CBI, Senior Business Analyst
NorWest Business Sales has a staff of trained Intermediaries who are experts in the field of business transfer. We guide our clients through each step of the transfer process while maintaining strict confidentiality. We make sure that the buyers and sellers are a good professional match. OUR ASSISTANCE BEGINS WITH A BUSINESS VALUATION AND CONSULTATION. We understand the importance of obtaining the highest and best price for our seller clients. Although we have a large base of portential buyers, it is our obligation to find the right buyer for the sellers business; a buyer that is financially capable, credit worthy, ready, willing and motivated. We take the hassle out of the process of selling.