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What is a Business Brokerage?
A business broker is a
professional who assists in the buying and selling of
businesses, helping to connect buyers and sellers while also
acting as an intermediary throughout the process.

The assistance provided by a
business broker covers a wide variety of tasks including:
- helping buyers
determine what type of business they are looking for
- helping sellers prepare
their business for sale
- helping buyers find
businesses that meet their criteria
- helping sellers arrive
at a value for their company
- helping buyers analyze
a business for sale
- helping select other
members of the sales transaction team
- developing a marketing
plan for sellers
- preparing necessary
documentation to market the company
- identifying prospective
buyers
- interviewing,
qualifying and informing prospective buyers
- attending meetings and
completing paperwork
- negotiating details
- managing the due
diligence process
- coordinating closing
activities
Business brokers are the
matchmakers of the business world bringing together buyers
and sellers of small and mid-sized companies.
Simply put, a Business Broker facilitates business owners
and business buyers in the transfer of ownership of
businesses. Many of the services of a Business Broker are
similar to those of a Real Estate Broker. But, a Business
Broker is selling the tangible and intangible assets of an
on going business. The knowledge and skill of a Business
Broker can make the experience much less complex and
rewarding for both the buyer and the seller.
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