"Proof of funds" avoidable mistakes

Too many business brokers/owners accept documents that could be easily faked or are not independently verifiable. Most "proof of funds" methods are easily faked or misleading, and without court-admissible, verifiable evidence, you're essentially gambling on the buyer's honesty. Brokers and sellers wisely demand hardened, legally defensible documentation for ensuring a buyer has real, accessible cash to process AND close the deal, which may include the buyer immediately injecting working capital into the acquisition. Potential buyers: Show the kind of proof the savviest people want or provide. You will instantly differentiate yourself from the hoards of ill-advised and ill-prepared searchers claiming they have what it takes to complete fair transactions. Email me if you'd like several proven (and enforceable, if necessary) ways to reduce your risk and to quickly detect unworthy people and organizations posing as business buyers.