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You’ll need to engage with a lawyer, at minimum. Someone with business brokering experience. You need proper contracts drawn up and reviewed. Don’t let the buy
by PragmaticPulp 5y ago
You’ll need to engage with a lawyer, at minimum. Someone with business brokering experience.
You need proper contracts drawn up and reviewed. Don’t let the buyer push you into anything you’re not comfortable with.
Also beware of false buyers who don’t actually intend to buy your business. It’s unfortunately very common for investors to pretend to be interested in buying a business only so they can get access to your data and information for the benefit of their own business. Don’t reveal more than necessary during this phase and don’t assume the deal is done until it really is.
- satya71 5y agoThis sounds like sound advice. Also, talk to someone with experience in these and they can help you see if it's worth your while to engage in the first place.