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Privacy Policy

The Business Place Ltd ("The Business Place") is committed to protecting your privacy. This privacy statement explains data collection and use practices of site (the "Site"). By accessing the Site, you are consenting to the information collection and use practices described in this privacy statement.

Collection of your Personal Information

The Site may collect certain information about your visit, such as the name of the Internet service provider and the Internet Protocol (IP) address through which you access the Internet; the date and time you access the Site; the pages that you access while at the Site and the Internet address of the Web site from which you linked directly to our site. This information is used to help improve the site, analyze trends and administer the site.

When you register on the Site, you will be asked for some general identifying information, which will enable us to provide you with an individualized service. We gather contact information (i.e., your email address, demographic information, address and your city of residence). The type of additional information that we collect depends on the nature of your visit to the website. All information except your contact information (name, address and email address) will be displayed on the website.

For investors, we ask questions about the types of business that you are looking for, location, purchase price, purchase criteria, price range and also a few questions about your past experience (i.e., if you have a sales, operations, management background). We also ask if vendors are searching for additional financing. After your approval, we will try to assist you in searching for additional financing by writing to our sponsors. We will provide our sponsors with information about you, however, we will not identify your name or address. If a sponsor indicates that they are willing to talk directly to you to discuss providing you with potential financing then we will provide you an email with the contact information of our sponsor. It will be up to you to contact them. You will have to provide them details of your personal identity to our sponsors because our Site will not have provided this information. When an investor communicates with an vendor through the Site, s/he may reveal his identify at any time.

For vendors, we will ask many questions about your business and financial information that you are willing to share with others. We may send your business information to our sponsors in order to assist investors finance the acquisition of your business. Your identity will not be revealed to the sponsor. We may provide potential investors with the name of our sponsor but it will be up to you as the vendor to reveal your identity to the potential investor or give us permission to provide the potential investor with your email address.

The Business Place will not contact investors or vendors personally, all correspondence to investors and vendors will be through the facilities of the website.

We use third-party advertising companies to serve ads when you visit our website. These companies may use information (not including your name, address, email address, or telephone number) about your visits to this and other websites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here.

Use of Cookies

We use cookies on this Site to ensure the integrity of the registration process and to personalize the Site. A cookie is a small text file that is placed on your hard disk by a Web page server. Cookies cannot be used to run programs or deliver viruses to your computer. Cookies are uniquely assigned to you, and can only be read by a Web server in the domain that issued the cookie to you.

One of the primary purposes of cookies is to provide a convenience feature to save you time. For example, if you personalize a web page, or navigate within a site, a cookie helps the site to recall your specific information on subsequent visits. This simplifies the process of delivering relevant content, eases site navigation, and so on. When you return to the Web site, the information you previously provided can be retrieved, so you can easily use the site's features that you customized.

How will this information be used and who has access to it?

We may use your contact information to send you valuable updates and timely notices of promotions and mailbox status reports. Our site provides you with the opportunity to opt-in to receiving different types of communications from us at the point where we request registration information. You may modify this choice at any time by selecting "Edit Preferences" from the member menu. We reserve the right to use your contact information at any time to advise you of any updates that may materially affect your rights or status on our site.

You will be assigned an ID listing number to identify your listing as either a vendor or investor. This will allow others to contact you anonymously through our confidential email system. Your identify will not be revealed on the site. At any time, you can reveal your identify in your emails or you can request that we provide your email address to the buyer or seller. The Site has a feature which asks if both investor and vendor would like their identify to be revealed to each other. Only if we receive permission from both seller/vendor and investor/buyer giving us authorization, will we reveal their email address to each other.

The personally identifiable information we collect from you is used for Internet review and to improve the content and functionality of our web site or customize the layout of our pages for each individual subscriber. The specific information we collect is not shared with other organizations and we will never release your personally identifiable information to an external organization without your prior consent except for the purposes of validating credit information and collecting debts. We may disclose your personally identifiable information if we reasonably believe we are required to do so by operation of law, which may include, but is not limited to a judicial proceeding, court order, or legal process served on The Business Place.

How long do you keep the information I've given you?

We keep the information you have given us for as long as you are a subscriber on the site or for as long as we are required to do so by law, which ever is longer.

Can I change the information I have already given you?

You can always verify or request the removal of the personally identifiable information we have collected and change your registration information by selecting "Edit Preferences" from the member menu on the site.

Any such request may also be made by contacting the The Business Place Privacy Officer at the co-ordinates listed at the bottom of this page.

Do you monitor online behavior?

Our subscribers communicate with each other through the Site Confidential Email System. While we do not, as a rule, moderate or monitor subscribers' private exchanges, we reserve the right to do so if we suspect using our service for the purpose of solicitation or any other violation of our Terms of Use or this Privacy Policy. Subscriber submissions that appear on the public area of the site are moderated and, if necessary, we reserve the right to edit, delete, remove or not use any communication on a public area of the site.

What security features do you have?

The security of your personal information is important to us. When you enter sensitive information (such as credit card number) on our registration or order forms, or financial information, we encrypt that information using Secure Socket Layer (SSL) technology. SSL is the leading security protocol on the Internet, it ensures that information being transferred over the network is private through a process called encryption. Once encrypted the information is an unintelligible code until it is decoded upon arrival at the authorized destination.

We follow generally accepted industry standards to protect the personal information submitted to us, both during transmission and once we receive it. No method of transmission over the Internet, or method of electronic storage, is 100% secure, however. Therefore, while we strive to use commercially acceptable means to protect your personal information, we cannot guarantee its absolute security.

If you have any questions about security on our website, you can contact us at the co-ordinates listed below.


When you inquire about advertising opportunities on our site, you will be asked for contact information and information related to your advertising objectives. This information will be used to provide you with the business information you are seeking. Your information is only shared with internal staff and the external ad representation agencies that sell media space on the site, on our behalf. The Business Place sites may contain links to other sites not affiliated with The Business Place. Please note that these other sites may have privacy policies that differ from those of The Business Place. We have no control over any personal information that you provide to these sites.

Changes to this Statement

We may occasionally update this privacy statement. When we do, we will also revise the "last updated" date at the top of the privacy statement. For material changes to this privacy statement, we will notify you either by placing a prominent notice on the home page of our website or by directly sending you a notification. We encourage you to periodically review this privacy statement to stay informed about how we are helping to protect the personal information we collect. Your continued use of the service constitutes your agreement to this privacy statement and any updates.

Contact Information

The Business Place welcomes your comments regarding this privacy statement. If you believe that The Business Place has not adhered to this privacy statement, please Contact Us electronically or via postal mail at the address provided below, and we will use commercially reasonable efforts to promptly determine and remedy the problem.

Privacy Officer
The Business Place Ltd
10 Kingsbridge Garden Circle, Suite 506
Mississauga, Ontario
L5R 3K6