Signing a Non-Disclosure Agreement [“NDA”] is just about the worst thing you can do as a Buyer! Unfortunately, most Buyers are constantly asked by Listing Brokers & Agents to sign their NDA, in order to just get some basic information about the business[es] they’re interested in purchasing!
What you may not understand is the ‘hidden agenda’ that most Brokers and Sales Agents have ~ when asking you to sign these forms. While NDA’s [in theory] are designed to protect Sellers, most Brokers and Sales Agents use NDA’s to “trap” Buyers into making sure they receive their commission.
BIZ Builder.Com specializes in Representing Buyers throughout the State of California ~ and guiding them clear of “bad deals”. As a “Buyer’s Agency”, our primary job is to assist our Clients to purchase a business at the right price, based on a series of tests and measures we’ve developed over the years to help ensure that what you purchase is exactly what you think it is.
This video introduces several concepts that you need to know BEFORE setting out to purchase an operating business. We discuss the most common initial “traps” you’ll face, as well as what to watch out for, as you begin your search for the perfect business for you and your family. Please don’t hesitate to call or email us anytime if you’d like additional information.