Top 5 Ways to Choose the Right Business Broker

Top 5 Ways To Choose the Right Business

Broker

Business brokers or business transfer agents are helpful in selling your business at higher prices.

A business broker provides buyers as well as sellers for different businesses.

Here are some steps you can take to make sure you are working with someone that will guide you through the process

of selling your business:

1. Check the broker's experience and ask specific questions about theit last

few successful transactions.

2. Check the broker's website and marketing collateral.

How are their brochure and website?

3. Ask about the broker's membership in professional sales

organizations & his/her state licenses as needed to market

businesses for sale.

4. Agree on the listing price before you sign the marketing agreement.

A good broker will give you an opinion of value before asking for a marketing agreement.

5. Don't fall for the 'broker tricks of the trade'.

Be aware with the fundamentals & strategies of the brokers.

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