Think of your intermediary, the person representing your business, much as you would approach a visit to a proctologist. This person has to see it all. There’s no point in trying to hide dirt under the carpet. It will only lead to a deal going south at a most inopportune time.
It’s better to have a deal that sticks, then have the buyer and seller think they are heading towards a closing and have it all blow up.
I have a comprehensive due diligence list which lists everything an intelligent buyer would want to have knowledge of before making an offer. Email me and I will send it to you.