What happens during the due diligence phase of the sale of a business?

Group of answer choices

Attorneys develop the purchase agreement

Potential interest is determined and some basic information is exchanged

All details of the company are disclosed by the seller

After selling the business, many entrepreneurs have second thoughts about the wisdom of the sale, the specific terms of the deal, or the way that the new owners are running the venture. This is known as what?

Group of answer choices

The business blues

Seller's remorse

The entrepreneurial mindset