Terms & Conditions of Use
Biz Deal Room - International Business Marketplace
TERMS AND CONDITIONS OF USE
Biz Deal Room - International Business Marketplace
Last Updated: September 10, 2025
DEFINITIONS AND PARTIES
The Platform: Mentored Business Sales Services Pty Ltd ABN 56 630 339 150, trading as Biz Deal Room, operating the website www.bizdealroom.com and all associated subdomains, mobile applications, and related services (collectively, "the Platform" or "we" or "us").
Subscriber: Any individual or entity accessing the Platform as a business buyer, investor (including angel investors, wholesale investors, sophisticated investors, professional investors as defined by applicable securities regulations), partnership seeker, or information recipient ("you" or "Subscriber").
Advertiser: Any business owner, business broker, franchisor, partnership seeker, or other entity advertising opportunities on the Platform ("Advertiser").
Services: The digital marketplace platform facilitating connections between Advertisers and Subscribers, including but not limited to business listings, confidential information sharing, investment opportunities, partnership matching, and related services.
PART 1: PLATFORM ACCESS AND INTERNATIONAL OPERATION
1.1 International Scope
The Platform operates internationally and may be accessed by users worldwide. By accessing the Platform, you acknowledge that:
- Business opportunities may be located in various jurisdictions globally
- Investment and business regulations vary by jurisdiction
- You are responsible for compliance with local laws in your jurisdiction
- Cross-border transactions may be subject to additional regulatory requirements
1.2 Jurisdictional Compliance
For Australian Users: You acknowledge compliance with Australian Corporation Act requirements for wholesale/sophisticated investor classifications where applicable.
For International Users: You represent that you have the legal capacity and authority to access investment opportunities in your jurisdiction and comply with all applicable securities, business acquisition, and investment laws.
For US Users: You acknowledge that certain investment opportunities may be restricted to accredited investors as defined under US securities regulations.
1.3 Registration Requirements
To access the Services, you must:
- Provide accurate registration information including:
- Email address
- Full legal name
- Jurisdiction of residence/incorporation
- Contact details
- Investment/business acquisition capacity verification
- Business information (for Advertisers)
- Agree to identity verification procedures when required
- Maintain current and accurate account information
1.4 Account Security
You are solely responsible for:
- Maintaining confidentiality of login credentials
- All activities under your account
- Immediately notifying us of unauthorized access
- Ensuring no third-party access to your account
PART 2: CONFIDENTIALITY AND INFORMATION PROTECTION
2.1 Mandatory Confidentiality Agreement
CRITICAL: By accessing any confidential business information on the Platform, you automatically enter into a binding tripartite confidentiality agreement between:
- You (the Subscriber)
- The business owner/Advertiser
- Mentored Business Sales Services Pty Ltd
Renewal Requirement: Active users who log into the Platform will be required to reconfirm their confidentiality agreement every 30 days. This renewal requirement only applies when you actively log into the site and does not affect the ongoing validity of your existing confidentiality obligations.
Ongoing Obligations: Your confidentiality obligations continue indefinitely for all confidential information accessed, regardless of renewal status or account activity. Where local laws limit the enforceability of indefinite confidentiality periods, obligations shall remain in effect for a minimum of 12 months from last access, or such longer period as is reasonable and enforceable in your jurisdiction.
Location Tracking and Records: The Platform records your location and acceptance of confidentiality terms to ensure appropriate jurisdictional compliance and enforceability. This information may be used to determine applicable confidentiality periods and legal remedies.
Disclosure to Advertisers: The Platform may provide details of confidentiality agreement executions and renewals, including subscriber identity, agreement dates, and compliance status, to relevant business owners (Advertisers) whose confidential information is being accessed. This ensures Advertisers are informed about who has agreed to confidentiality terms regarding their business information.
2.2 Confidential Information Definition
"Confidential Information" includes all business data, financial information, trade secrets, business plans, customer lists, operational details, intellectual property, and any information marked as confidential or reasonably considered confidential by the disclosing party.
2.3 Confidentiality Obligations
You agree to:
- Maintain strict confidentiality of all information accessed
- Use information solely for evaluating potential business transactions
- Not disclose information to third parties without written consent
- Implement reasonable security measures to protect information
- Return or destroy information upon request or transaction completion
- Not reverse engineer or attempt to recreate confidential processes
IMPORTANT CLARIFICATION - Same Industry Protection: This confidentiality agreement does NOT restrict or impact:
- Your existing business operations in the same or similar industry
- Your right to pursue other business opportunities in the same or similar sector
- Your ability to purchase or invest in other businesses within the same industry
- The use of your own pre-existing knowledge, skills, and industry experience
- General industry knowledge that is not specific to the disclosing business
Scope Limitation: Confidentiality obligations apply ONLY to specific proprietary information disclosed about the particular business being evaluated. They do not create non-compete restrictions or limit your legitimate business activities in the same industry sector.
2.4 Permitted Disclosures
Confidentiality obligations do not apply to information that:
- Is publicly available through no breach of this agreement
- Was lawfully known prior to disclosure
- Is required to be disclosed by law (with prior notice to disclosing party)
- Is received from authorized third parties
2.5 Intellectual Property Protection
- All intellectual property remains with original owners
- No license or rights are granted except as expressly stated
- Unauthorized use may result in immediate legal action
- You indemnify the Platform against IP infringement claims arising from your misuse
PART 3: PLATFORM LIABILITY LIMITATIONS AND USER RESPONSIBILITIES
3.1 Platform Role and Limitations
IMPORTANT: The Platform serves as an intermediary marketplace only. We:
- Do not verify the accuracy of business information
- Do not guarantee investment returns or business success
- Are not responsible for user conduct or transaction outcomes
- Do not provide investment, legal, or business advice
- Cannot ensure the suitability of any opportunity
3.2 Information Accuracy Disclaimer
CRITICAL DISCLAIMER: All business information is provided by Advertisers. We:
- Make no representations regarding accuracy, completeness, or currency
- Strongly recommend independent due diligence and professional advice
- Disclaim liability for incorrect, misleading, or outdated information
- Require users to verify all information independently
3.3 Investment Risk Warnings
INVESTMENT WARNING:
- All investments carry risk of loss
- Past performance does not guarantee future results
- You may lose your entire investment
- Consult qualified professionals before investing
- Ensure compliance with applicable investment regulations
3.4 User Responsibilities - Subscribers
You agree to:
- Conduct thorough due diligence on all opportunities
- Seek independent professional advice
- Comply with all applicable laws and regulations
- Not misuse or redistribute confidential information
- Report suspicious or fraudulent activity
- Indemnify the Platform against claims arising from your actions
3.5 User Responsibilities - Advertisers
You warrant and agree to:
- Provide accurate and current business information
- Update information promptly when changes occur
- Comply with securities regulations for investment offerings
- Respond to legitimate inquiries within reasonable timeframes
- Pay applicable success fees as per advertising agreements
- Not circumvent the Platform for introduced connections
PART 4: PLATFORM FEES AND PAYMENT TERMS
4.1 General Fee Structure
The Platform operates primarily on subscription and listing fees. Advertisers pay for:
- Monthly or annual subscription access
- Individual business listing fees
- Premium listing enhancements
- Additional marketing services
4.2 Success Fees - Limited Application
Important Clarification: The Platform does NOT automatically charge success fees for transactions. Success fees may only apply where:
- The Platform has entered into a separate, specific lead generation agreement with a business owner
- Such agreement is executed independently of these general Terms
- The business owner has specifically engaged the Platform to generate leads on their behalf
- The arrangement is subject to the location and applicable regulations of the business
No General Success Fee Obligation: Standard Platform users and Advertisers are NOT subject to success fees unless specifically contracted under separate agreement.
4.3 Separate Lead Generation Services
Where the Platform provides dedicated lead generation services under separate agreement:
- Specific terms will be outlined in the separate service agreement
- Success fee rates and conditions will be clearly defined
- Payment terms and obligations will be separately documented
- Such agreements are distinct from general Platform usage
4.4 Refund Policy
For Standard Services:
- Business Listings: 50% refund available if listing not yet published
- Monthly Subscriptions: 30 days notice required for termination
- Annual Subscriptions: No refund after service commencement
- Premium Services: Refund terms specified at time of purchase
- Refund Processing: Subject to payment processor fees and administrative costs
PART 5: LIMITATION OF LIABILITY AND LEGAL PROTECTIONS
5.1 Comprehensive Liability Limitation
TO THE MAXIMUM EXTENT PERMITTED BY LAW:
The Platform and its officers, directors, employees, and affiliates are NOT LIABLE for:
- Any investment losses or business failures
- Inaccurate, misleading, or fraudulent information provided by users
- Failed transactions or business relationships
- Breach of confidentiality by other users
- Technical failures or service interruptions
- Third-party actions or omissions
- Consequential, indirect, or punitive damages
5.2 Maximum Liability Cap
Our total liability for any claims shall not exceed the lesser of:
- AUD $1,000
- Fees paid by the claimant in the 12 months preceding the claim
5.3 User Indemnification
You agree to indemnify and hold harmless the Platform against all claims, losses, damages, and expenses arising from:
- Your use of the Services
- Your breach of these Terms
- Your violation of applicable laws
- Your misuse of confidential information
- Any content you provide to the Platform
PART 6: INTERNATIONAL DISPUTE RESOLUTION
6.1 Governing Law Selection
Australian Users: Governed by Queensland, Australia law International Users: Governed by Queensland, Australia law, subject to mandatory local consumer protection laws
6.2 Dispute Resolution Process
Step 1 - Notice: Written notice detailing dispute and desired resolution Step 2 - Negotiation: 30-day good faith negotiation period Step 3 - Mediation: Mediation through qualified international mediator Step 4 - Arbitration/Litigation: As determined by applicable jurisdiction
6.3 International Arbitration
For international disputes exceeding AUD $50,000:
- ICC International Court of Arbitration rules may apply
- English language proceedings
- Single arbitrator unless parties agree otherwise
PART 7: GENERAL PROVISIONS
7.1 Privacy and Data Protection
Personal information handling is governed by our Privacy Policy, compliant with:
- Australian Privacy Principles
- GDPR (for EU users)
- Applicable local data protection laws
7.2 Communications and Electronic Signatures
- Electronic acceptance of terms is binding
- Email and SMS communications are authorized
- Digital signatures have legal validity
7.3 Platform Modifications
We reserve the right to:
- Modify these Terms with reasonable notice
- Update Services and features
- Suspend or terminate Services
- Remove content violating Terms
7.4 Termination Rights
Platform Rights: Immediate termination for Terms violation User Rights: Account closure with appropriate notice per refund policy Effect: Survival of confidentiality, liability, and indemnification provisions
7.5 Severability and Survival
Invalid provisions are severed without affecting remaining Terms. Confidentiality, liability limitations, indemnification, and dispute resolution provisions survive termination.
7.6 Force Majeure
Neither party is liable for performance delays due to circumstances beyond reasonable control, including natural disasters, government actions, or technical failures.
ACCEPTANCE AND CONTACT
By using the Platform, you acknowledge:
- You have read and understood these Terms
- You agree to be legally bound by all provisions
- You understand the risks associated with business investments
- You will comply with applicable laws in your jurisdiction
Contact Information:
Mentored Business Sales Services Pty Ltd
Email: support@bizdealroom.com
Website: www.bizdealroom.com
Legal Notice: These Terms constitute a legally binding agreement. Seek independent legal advice if you do not understand any provisions.
© 2025 Mentored Business Sales Services Pty Ltd. All rights reserved.
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