A documented instruction or workflow explaining how a recurring business task should be completed, commonly abbreviated as SOP.
Source Code
The human-readable programming instructions used to build and operate software, applications, plugins, and digital platforms.
Share Sale
A transaction in which the buyer acquires shares or ownership interests in the legal company.
Seller’s Discretionary Earnings
A measure of the financial benefit available to one working owner, often abbreviated as SDE and used for smaller owner-operated businesses.
Seller Financing
An arrangement in which the seller allows the buyer to pay part of the purchase price over time.
Seller
The founder, shareholder, company, or asset owner offering an online business for acquisition.
SaaS
Software as a Service: software delivered online and commonly monetised through recurring subscriptions.
Risk
Any financial, legal, operational, technical, commercial, or platform-related factor that could reduce future business performance or transaction certainty.
Revenue
The total income generated by a business before operating expenses and other deductions.
Representations and Warranties
Statements made by the seller about the business, assets, ownership, financial records, contracts, compliance, and liabilities.
