Why do buyers sign a Non-Disclosure Agreement (NDA)?
Category:
Selling a Business
A Non-Disclosure Agreement (NDA), sometimes called a Confidentiality Agreement, helps protect sensitive business information during the selling process. It establishes expectations regarding the handling of confidential information that may be shared with prospective buyers.
While an NDA is an important step, it is generally one part of a broader confidentiality strategy designed to protect the business throughout the transaction.
Helping safeguard confidential business information benefits both the seller and qualified buyers.
