The specific requirements that must be satisfied before an acquisition can legally complete.
Exclusivity
A period during which the seller agrees not to negotiate with other potential buyers.
Marketing Channel
A source or method used to attract, reach, and acquire customers, such as organic search, paid advertising, email, affiliates, or referrals.
Seller
The founder, shareholder, company, or asset owner offering an online business for acquisition.
Confidential Information Memorandum
A detailed buyer document describing the business, financial performance, operations, risks, assets, and growth opportunities, often abbreviated as CIM.
Exit
A transaction or succession process through which a founder reduces or ends ownership and operational involvement in a business.
Monthly Recurring Revenue
The recurring revenue expected in a typical month from subscriptions, licences, or contracts, commonly abbreviated as MRR.
Seller Financing
An arrangement in which the seller allows the buyer to pay part of the purchase price over time.
Confidentiality Agreement
A legal agreement intended to protect non-public information shared during the sale process, also called an NDA.
Exit Readiness
The degree to which a business is financially, operationally, legally, and technically prepared for a sale.
