These are the disadvantages:
1. For employees: They may start searching opportunities outside and impact the performance of the business.
2. For Creditors: Suppliers may suspend any credit line.
3. For competitors: They may use that sign against them and cost share of market.
4. For customers: They may perceive that the business is closing.
5. For your client: It may start loosing revenue and end selling the business for less.
Therefore, I maintain confidentiality for the business on sale. There are specific websites just for business. like the http://bbfmls.com/ where different business brokers list and research inventory of business opportunities.
Jul 13, 2016