Role of Business Brokers in Selling Your Business

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Role of Business Brokers in Selling Your
Business
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What is a Business Broker?
A business broker works as intermediator between
buyer and seller and helps you achieve desired
results throughout the sale process. The task of
Business broker begins with the valuation of the
business advertising business for sale with or
without revealing the business identity
carefully handling the process of discussion and
negotiation with would-be buyers and at the end
making a business sale possible in a right,
faster and profitable way.
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Some qualifying pointers for selecting a broker
include

• Does the broker have specialized experience in
  your industry?
• Will the broker cooperate with and solicit other
  brokers to cooperate?
• Will the broker prepare a business profile?
• Will all marketing avenues be utilized including
  listing exchanges, newspapers, direct mail, trade
  journals, networking, and telemarketing?

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Important responsibilities of a business broker
include

• Listing the business for sale
• Establishing a sales price
• Locating qualified buyers
• Maintaining the confidentiality of the business
  sale
• Conducting a buyer search and presenting the
  business with minimal disruption
• Facilitating the sale between seller and buyer

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Advantages to be gained from a business broker
include

• Locating qualified buyers and insulating the
  seller from business interruptions
• Allows the seller to focus on their operation of
  their business
• An intermediary who can facilitate the
  transaction without emotion
• Experience in business valuations and sales
  transactions
• Access to an inventory of buyers

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Conclusions
The fact that they will actively market your
business is plus. The current owner does not have
the time or knowledge to find buyers and set a
fair price. They will usually set their price too
high or too low. If they have a hard time coming
up with any buyers, this can bring on frustration
and an unneeded reduction of the selling price.
If the wrong buyers are seeing the ad for your
business, then only a bargain will attract their
attention.
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Address 50 S MIddle Neck Rd Unit 3M
Great Neck, NY 11021 Phone No
888-210-2221 Email id info_at_sellmycompany.org We
bsite http//www.sellmycompany.org/