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Business Finder Services

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BUSINESS FINDER SERVICES AGREEMENT

This Business Finder Services Agreement ("Agreement") is entered into as of between:

WHEREAS

WHEREAS, Client requires professional assistance to identify and introduce potential acquisition targets or business opportunities for Client's review and possible acquisition; and

WHEREAS, Finder represents that Finder has the skills, contacts and experience to identify, evaluate and introduce potential opportunities that may meet Client's criteria and is willing to provide such finder services under the terms set forth herein.

SCOPE OF WORK

Finder shall use commercially reasonable efforts to identify, evaluate and present to Client potential businesses, assets or opportunities that conform to Client's stated acquisition criteria. Finder shall perform the services as an independent contractor and not as an agent of Client. Specific duties include identification, initial screening, preparation of summaries and facilitation of introductions between Client and prospective targets.

PAYMENT TERMS

In consideration of the services provided by Finder, Client agrees to pay Finder fees as set forth below. Fees are earned as specified and are non-refundable except as expressly provided.

Fixed Fee   

Success Fee (payable upon closing)    %

TERM AND TERMINATION

This Agreement shall commence on and shall continue until unless earlier terminated as provided below.

Either party may terminate this Agreement for material breach by the other party if the breach remains uncured thirty (30) days after written notice. Termination shall not relieve Client of its obligation to pay any fees earned by Finder prior to termination.

CONFIDENTIALITY

Each party shall keep confidential all non-public information disclosed by the other party that a reasonable person would consider confidential ("Confidential Information"). Confidential Information shall not include information that is publicly known through no wrongful act of the receiving party or that is rightfully obtained from a third party without obligation of confidentiality.

The receiving party shall use Confidential Information solely for the purposes of performing under this Agreement and shall not disclose such information except to its employees, advisors or agents who have a need to know and who are bound by confidentiality obligations at least as restrictive as those herein.

REPRESENTATIONS, INDEMNITY AND LIMITATION OF LIABILITY

Each party represents that it has authority to enter this Agreement. Finder does not warrant the accuracy, profitability or suitability of any introduced opportunity. Client agrees to hold Finder harmless and indemnify Finder from claims arising out of Client's use of information or actual transactions entered into with parties introduced by Finder, except to the extent caused by Finder's gross negligence or willful misconduct.

Except for liability arising from gross negligence or willful misconduct, Finder's aggregate liability under this Agreement shall not exceed the total fees actually paid to Finder by Client under this Agreement.

GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the state of without regard to conflict of laws principles.

ENTIRE AGREEMENT

This Agreement, together with any attachments expressly incorporated herein, constitutes the entire agreement between the parties with respect to the subject matter and supersedes all prior negotiations, agreements and understandings. Any amendment must be in writing and signed by both parties.

NOTICES

All notices required or permitted under this Agreement shall be in writing and delivered to the addresses set forth above or to such other address as a party designates in writing.

MISCELLANEOUS

Finder shall perform services as an independent contractor. Neither party may assign this Agreement without the prior written consent of the other, except to a successor by merger or sale of substantially all assets.

Client Name:

By:

Date:

Finder Name:

By:

Date:

Enter text✕

What Business Finder Services Provide

Business Finder Services are formal requests or intake documents used to locate, verify, and collect contact details for businesses or vendors that meet defined criteria. Typical uses include vendor sourcing, lead qualification, due diligence, supplier onboarding, and regulatory screening. The document captures search parameters, required verification checks, delivery preferences, and consent for data processing. It often integrates with identity checks, public records, and third-party databases to confirm legal entity status, ownership, and key contacts prior to contracting or outreach.

Why a Structured Business Finder Matters

A standardized Business Finder Services form reduces ambiguity, ensures consistent verification steps, and documents decision criteria for procurement, compliance, or sales follow-up. It creates an audit-ready record of who requested the search, the scope of work, and the data used to confirm a business’s legitimacy.

Why a Structured Business Finder Matters

Who Typically Prepares or Uses These Services

Groups that commonly complete or request Business Finder Services span procurement, sales, legal, and compliance teams within organizations.

  • Procurement teams conducting supplier onboarding and compliance checks for new vendors.
  • Sales or business development teams qualifying prospects and gathering contact details.
  • Legal and compliance teams verifying corporate registration, ownership, and sanctions screening.

The completed form becomes part of vendor files or opportunity records and supports downstream tasks such as contracting, tax form collection, or AML screening.

Essential Elements of a Professional Business Finder Request

A well-constructed Business Finder Services form balances search flexibility with clear verification steps so results are actionable and defensible.

Search Criteria

Define industry codes, geographic limits, revenue bands, and keywords to narrow results and reduce irrelevant matches for the investigator.

Verification Scope

Specify checks required such as business registration lookup, EIN confirmation, beneficial owner identification, sanctions screening, and adverse media review.

Required Deliverables

List expected outputs: contact list with titles, verified addresses, registration documents, or a summary report stating confidence levels for matches.

Timeline

State completion expectations and interim milestones so requestors and analysts share the same urgency and reporting cadence.

Data Sources

Identify acceptable sources (state SoS, SEC filings, commercial databases) and any licensed databases that must be used for verification.

Consent & Usage

Capture permissions to contact and process business data, including data retention instructions and restrictions on sharing results.

Core Information Required

Requestor Name: Full name
Company Name: Legal entity name
Search Parameters: Industry codes
Verification Level: Basic/Enhanced
Deliverable Format: CSV/PDF
Retention Instruction: Retention term

Step-by-Step: Completing a Business Finder Request

Follow a clear sequence to complete the form accurately and limit rework or incomplete searches.

  • 01
    Define scope: Specify industry, geography, and search keywords.
  • 02
    Select checks: Choose registration, EIN, ownership, and sanctions screenings.
  • 03
    Provide contacts: List known contacts and preferred outreach methods.
  • 04
    Set delivery: Indicate output format, deadline, and reviewer.

Typical Processing Flow for a Finder Request

Business Finder Services proceed through intake, verification, reporting, and handoff; each stage records actions for auditability.

  • Intake: Request submitted with scope and consent.
  • Search: Databases and public records queried.
  • Verify: Matches validated against primary sources.
  • Report: Deliverable compiled and shared with requestor.

Configuring an Online Business Finder Workflow

When setting up an electronic workflow, standardize fields, authentication, and output so analysts follow a repeatable process.

Field Configuration
Scope Field Dropdown with industry and region options
Verification Field Checkboxes for required checks
Delivery Field Choose CSV or PDF
Approval Field Reviewer email and sign-off required

Digital Sharing and Integration Considerations

Ensure your platform supports secure uploads, role-based access, and export formats compatible with downstream systems.

  • Integrations: CRM and ERP systems
  • File formats: PDF, DOCX, CSV
  • Authentication: Email, SMS, or SSO

For eSignature and routing, choose a provider that supports audit trails, APIs for automation, and common enterprise integrations to avoid manual handoffs.

Typical Timelines and Processing Expectations

Timeframes depend on verification depth; set realistic deadlines to manage stakeholder expectations.

Basic Search Turnaround:

1–3 business days for registration and contact details.

Enhanced Verification:

3–7 business days for ownership and sanctions checks.

Rush Requests:

Same-day or 24-hour delivery if expedited fees apply.

Report Review:

Allow 1–2 business days for internal review and corrections.

Retention Instruction:

Specify retention at submission to comply with policy.

Common Preparation Errors to Avoid

  • Incomplete search criteria that return excessive false positives and increase verification time.
  • Using outdated or inconsistent business names that prevent matching to official filings.
  • Omitting consent language when required, which can block data provider access.
  • Failing to specify deliverable format, causing rework to convert outputs for internal systems.

Top Risks and Potential Penalties

Incorrect Tax Data: May trigger backup withholding at 24% for payees without valid TIN.
Late 1099 Filing: Penalties can be $60–$330 per form under IRC §6721.
I-9 Documentation: Errors risk fines of $281–$2,789 per violation (8 CFR §274a.2).
Privacy Violations: Unauthorized sharing of PII can violate HIPAA or state privacy laws.
Unverified Contracts: Entering agreements with unverified entities increases fraud risk.
Incomplete Audit Trail: Weak records can undermine defensibility in disputes.

Frequently Asked Questions and Troubleshooting

Answers to common questions about legality, signatures, corrections, and storage when using Business Finder Services and electronic workflows.


Need help? Contact support

eSignature Provider Comparison for Document Signing

Cost and capability comparisons help determine which eSignature provider aligns with volume, compliance, and integration requirements for Business Finder Services.

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Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
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Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No
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