Your notes need not refer in any way to what the potential employee or supplier is saying. It can be gibberish. Or it can, more usefully, be your impressions of the person and their responses.
Have a series of questions handy to shoot out when they grind to a halt. Then focus like mad on what your instinct and your intuition is telling you.
As to speaking little yourself, remember you are being interviewed, too. It is impossible for the other side to tell that you are not as clever as they are if you keep your mouth shut.
-How to get rich, p.226