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To all Newbie Buyers

Please understand that a broker or seller needs to protect what information they give out regarding their business for sale. It is customary to ask that a potential buyer to sign a Non Disclosure and/or Non Compete Agreement before disclosing private/financial information regarding the business. If a potential buyer is not willing to do this, the seller or broker feels that you are either a competitor or someone not seriously interested. They may also ask for proof of funds before going into too much detail. You would just block out any account numbers on a bank or financial statement. THESE ARE NORMAL REQUESTS, so please understand the process and you will get more cooperation from the broker or seller. Also, please don't post an ad stating that you are looking for a $100,000 business when you actually only have a $10,000 budget. It's just a waste of time for everyone. Thanks

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Amen to that.. and if i may add....
If you post to buy a business.. and your idea is working for it with no money down to earn the business.... we thought of that too but hiring our sister or nephew. We just do not see how that is a business proposal. there are better opportunities on

Aug 16, 2010

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