Seller Disclaimer
1. Purpose of the Disclaimer
The purpose of this Seller Disclaimer is to clarify the role and responsibilities of both the seller and Private Business in relation to business listings published on our platform. Private Business operates solely as an online advertising platform that enables users to list businesses for sale and connect with potential buyers. We do not act as a business broker, agent, or legal advisor and are not involved in the negotiation, valuation, or closing of any sale.
By listing a business on our website, you (the seller) acknowledge and agree that all information provided in the listing is your sole responsibility. You also accept that Private Business is not liable for the accuracy of your content or the outcome of any communication or transaction that occurs through the platform.
2. Accuracy of Information
As a seller using the Private Business platform, you are solely responsible for ensuring that all information provided in your business listing is accurate, current, and not misleading. This includes, but is not limited to, business descriptions, financial data, pricing, images, logos, contact details, and any other content uploaded or shared through your account.
You must ensure that any claims made about the business are truthful and can be substantiated if requested by a potential buyer. Private Business does not independently verify the information in listings and disclaims all responsibility for the accuracy or reliability of seller-submitted content. Providing false or misleading information may result in the removal of your listing and potential restriction from the platform.
3. Legal Ownership and Authority
By listing a business for sale on Private Business, you confirm that you have the legal right, authority, and full ownership—or appropriate authorization from the owner(s)—to advertise and sell the business. You must also ensure that all relevant parties (such as business partners, co-owners, or legal representatives) are aware of and have approved the listing.
It is your responsibility to comply with all applicable laws, licensing requirements, contractual obligations, and industry regulations related to the sale of your business. Private Business is not responsible for verifying ownership or resolving disputes that may arise from unauthorized listings.
4. Independent Legal and Financial Advice
Private Business does not provide legal, financial, or business advisory services in relation to the sale of your business. As a seller, you are strongly encouraged to seek independent professional advice before creating your listing, entering negotiations, or finalizing any transaction.
It is your responsibility to understand the legal and financial implications of selling your business, including tax obligations, asset transfers, contract requirements, and any existing liabilities. Relying solely on information available through the platform without professional consultation is done at your own risk.
5. Platform Use and Communication
As a seller on Private Business, you are expected to use the platform responsibly and engage with potential buyers in a timely, respectful, and professional manner. You are responsible for responding to inquiries, providing requested information, and managing communication throughout the sales process.
You agree not to misuse buyer information obtained through the platform. Buyer contact details are to be used solely for legitimate communication related to the listing. Any use of buyer data for unsolicited marketing, unrelated promotions, or third-party distribution is strictly prohibited and may result in account suspension or legal action.
6. Privacy and Data Sharing
By creating a listing on Private Business, you acknowledge and consent that certain details about your business—such as the business description, location, photos, and your contact information—may be publicly displayed on the website. This is necessary to enable buyer interest and facilitate initial communication.
You also understand and agree that your contact details may be shared with prospective buyers who inquire about your listing. It is your responsibility to manage the visibility of sensitive information and to only provide additional private or confidential data directly to trusted and verified buyers. For more information on how your data is handled, please refer to our Privacy Policy.
6. Intellectual Property Rights in Your Content
Private Business reserves the right to review, edit, decline, or remove any listing at its sole discretion, without prior notice, especially if it is found to be misleading, incomplete, offensive, fraudulent, or in violation of our terms and policies. This includes listings that appear to misrepresent the business, contain unverified claims, or use copyrighted content without permission.
We aim to maintain a trustworthy and professional platform for all users. Sellers are expected to ensure their listings meet our quality and compliance standards. Inappropriate or suspicious activity may result in account suspension or permanent removal from the platform.
8. Limitation of Liability
To the maximum extent permitted by law, Private Business shall not be held liable for any loss, damage, claim, or expense incurred by you as a result of using the platform or listing your business. This includes, but is not limited to, loss of potential buyers, financial loss from a failed transaction, or disputes arising from interactions with third parties.
By listing your business on our platform, you acknowledge and accept that Private Business is not a party to any sale or negotiation process and is not responsible for the outcome of any transaction. You assume full responsibility for the accuracy of your listing, communication with buyers, and all related legal or financial obligations.