An important element in a business sale is the preparation of appropriate confidentiality agreement. Confidentiality agreements are sometimes referred to as non-disclosure agreements. Often the seller is selling the business to a purchaser who either operates in the...
The two most common ways by which a business will be sold are: • By the sale of the shares in the company that owns or operates the business; or • By the sale of the assets of the business to the new owner. The latter method is what is known as an asset sale. The...