Throughout the entire process of selling your website we take every step to protect the confidentially of you and your business. We consider every aspect of your business, its financial data, your customer and vendor lists, and even the fact that it is for sale, as confidential. By taking a conservative approach to who and how access to your company information is given, we are intent on protecting the intellectual properties of your business and ensuring your sales process is not sidetracked by the misuse of confidential information or the need for unwanted litigation.
Any information you exchange with us regarding your business will be held as confidential information. As a part of selling your online business we will need to exchange this information with prospective buyers so that they may evaluate your business. Before we exchange any information we require that the buyer;
- Provide us with a basic business background and information regarding their financial ability to acquire your business. This prequalification ensures only appropriate buyers are entertained for the acquisition of your business.
- Complete a Non-disclosure agreement to restrict access to any information exchanged with them regarding your business.
Our Non-disclosure Agreement is a comprehensive document that defines all information that will be considered confidential and who it may distributed to. It also obligates the buyer to return any information shared during the sales process and warrant that they are not a competitor of our client, and that their sole reason for requesting any information is to evaluate the business for purchase.
From Wikipedia, the free encyclopedia
A non-disclosure agreement (NDA) is a legal contract between at least two parties that outlines confidential materials or knowledge the parties wish to share with one another for certain purposes, but wish to restrict from generalized use. In other words, it is a contract through which the parties agree not to disclose information covered by the agreement. An NDA creates a confidential relationship between the parties to protect any type of trade secret. As such, an NDA can protect non-public business information.
NDAs are commonly signed when two companies or individuals are considering doing business together and need to understand the processes used in one another's businesses solely for the purpose of evaluating the potential business relationship.
To review our Non-disclosure Agreement in detail please click below;
Website Properties NDA Agreement
For more information on the entire sales process please see our Selling Your Online Business page.