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hi this is garrett with the 86 group today i'm going to talk to you about a non-disclosure agreement and why this is one of the most important documents that potential buyers will need to sign in order to get a closer look at your business this document is so important to help maintain your confidentiality as well as protecting your personal information an experienced m a firm needs to vet all potential buyers as well as making sure that they sign a non-disclosure agreement before they receive any company specific information about your business it is far too risky to have any company specific information released to potential buyers without a solid iron-clad non-disclosure agreement set in place keep in mind that many people could be inquiring about your business at any given time that's why it's so important to have a system that keeps track of all the ndas that are out in circulation here at the 86 group rcrm keeps track of every single nda that is sent as well as every single nda that is signed so we never have any confusion on who has and who hasn't signed an nda this is to protect you the seller to make sure that no company specific information gets leaked to potential buyers without signing an nda first so to avoid all the risks that putting together an nda might cause for a seller we suggest you using an experienced m a firm like the 86 group who has highly experienced and reputable legal counsel to help put together these non-disclosure agreements if not if you decide to put these together on your own the bottom line is to not release any company specific information to potential buyers without having something signed saying that they cannot spread information that they learned about your business using anything less than that could have serious and long-term negative implications for your business