A Confidentiality Breach can stop a deal in its tracks

 

A breach in confidentiality can have a huge impact during the sale of a business. If employees catch wind of a pending sale, they can leave rather than risk losing their job with new management. Clients can think twice about renewing contracts for fear that new owners may not have the same level of service. Suppliers can be nervous about extending credit with good terms if you’re not going to be there long-term. And competitors can seize on the opportunity to spread the word so they can poach clients.

Ultimately, a breach of confidentiality can greatly affect the valuation of your business and your ability to complete a successful sale.

Confidentiality is a serious matter when the time comes to sell your business.

If you would like more information, we’re always here to help.

ABExchange.ca

#sellmybusiness #retirement #businessvaluation #businessbroker #Businessforsale #investing #cashflow #confidentiality