Glossary · Reading the business
In short
This is confidential business information that gives a company a competitive edge, like a special recipe or proprietary process. It's a valuable intangible asset.
During due diligence, identify and understand any trade secrets, as they can be a significant part of the business's value. Ensure these are properly protected, documented, and transferable as part of the asset purchase. You'll want strong non-compete and confidentiality agreements from the seller.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
Pressure-test the numbers before you make an offer
Send us the asking price and the seller's cash flow — we'll show whether the deal services SBA debt and where the add-backs are likely to hold up.
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