What is a Business Information Memorandum?

By
Leadership Spunje
Published: October 15, 2009Posted in: Finance, Legal, Managing Director/CEOTags:
What is a Business Information Memorandum?

I have been contacted a number of times recently by buyers who have become frustrated in their attempts to acquire the information which is essential to them being able to fully consider a business.

Ideally, the profile is compiled prior to the business being brought to the market to ensure there are no delays in supplying this information to qualified buyers.

The following 10 topics would normally be included:

http://ezinearticles.com/?What-is-a-Business-Information-Memorandum?&id=2069147

Some information will be restricted until the Agreement for Sale and Purchase of a Business has been formed between the buyer and the seller and it is during the Due Diligence Investigation that this remaining information will be made available.

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