When buying a business, a crucial step is secure payment. Both buyers and sellers are extremely cautious about the transfer of funds. The seller looks for a payment before the transfer while buyers wish to either pay after the transfer or pay in portions. The main reason normally is lack of trust amongst two parties.
During the sale of a business, the business broker, several days before the closing date, asks the buyer must deposit the necessary amount. This shows that the buyer really does have the money and that the seller gets paid the amount specified in the contract.
Flippers.pk will offer: