Assumptions Regarding the Seller’s Situation

At this point, we may assume:

  1. The seller has “listed” the business in the market,
  2. The seller or broker has met the buyer,
  3. The buyer is qualified financially by the seller or broker,
  4. The Non-Disclosure Agreement has been signed,
  5. The buyer has viewed the business and is interested in buying it,
  6. The buyer has reviewed the business documents and remains interested, and
  7. The seller and buyer are comfortable with each other.