NDA is a Non-Disclosure Agreement and is an agreement that protects your confidential information or intellectual property. Key points in the business purchase transaction when you, as the seller, would want a prospective buyer to sign an NDA would be: a) before they get to see your CIM; and b) before they receive documents for due diligence purposes.

Together with using a good secure digital data-room, an NDA can help you make sure that your critical business documents and information don’t fall into the wrong hands.