How to Ensure Confidentiality of Data During a Transaction
If you are buying or selling a business you will want to know how to ensure confidentiality of data, particularly when it comes to route business opportunities. A breach of data can not only give your competitor's an advantage if the deal falls through, but you also risk losing or upsetting current employees who may be unaware of your plans to sell.
During what can be a stressful and emotional time, including a time-consuming due diligence process on both sides, you will need to make sure all information is safeguarded to the max. Here are a few tips on how to ensure confidentiality of data.