Guide – Dealing With Confidential Business Information in Sale of Business

Confidential business information must be considered and protected in the process of selling a business. A business seller must work closely with their business broker and lawyer to determine what should be disclosed and how it should occur. The seller and business broker should also ensure that they are in fact dealing with whom they think they are; otherwise they might find confidential business information in the hands of a competitor.

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 Liability limited by a scheme approved under professional standards legislation.

 

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