Confidentiality is one of the most important issues surrounding a business sale. Sound working relations with employees, customers, suppliers, and bankers are important factors to a company. Any premature indication of a possible change in ownership could disrupt these relations and weaken the company's competitive position. For these reasons confidentiality is critically important at all stages in the process of selling a business. With the proper procedures, it is possible to minimize the risk of an untimely disclosure.
In every transaction there is an appropriate time to reveal that a sale may be imminent. Proper timing of these sensitive announcements can contribute to a smooth transaction.
CBB's systematic methodology protects the anonymity of your business and helps to ensure that information is kept confidential throughout the entire process until it is appropriate to reveal that a sale is forthcoming.