Confidential Information Memorandum (CIM)
The full written presentation of a business for sale, shared with buyers only after they sign a confidentiality agreement.
In more detail
The CIM is the book: what the business does, how it makes money, who its customers are, how operations run, its financial history, and the growth case for a new owner. Unlike the teaser it names the company and includes the detail a buyer needs to form a real view. It goes out only post-NDA, and its distribution is tracked.
If you are selling
A clear, honest CIM answers a buyer's questions before they become objections, which shortens the process.
If you are buying
It is your primary source for forming a view and preparing an indication of interest.
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Wondering what your business is actually worth?
An Estimate of Value is prepared by an analyst, not a calculator, and gives you a number you can plan around.
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