| A business broker is an intermediary between a buyer | | | | one until the actual closing of the business. The |
| and a seller of a business. In most cases a business | | | | business brokers' responsibility is to be an intermediary |
| broker represents the seller in the sale of a business. It | | | | between the buyer, the seller, the landlords and the |
| is the business brokers' responsibility to find qualified | | | | attorneys and make sure it is a smooth process. |
| buyers for their clients. | | | | Brokers supply numerous benefits to both buyers and |
| A business broker is similar to a real estate agent who | | | | sellers. For example, sellers benefit because they do |
| sells homes and earns a commission. But instead of | | | | not have to spend time and money searching for |
| selling homes, business brokers specialize in selling | | | | buyers. Qualified business brokers have access to |
| small and midsize companies -- everything from your | | | | people that are in the market to purchase a business, |
| local pizza parlor, dry cleaners and convenience store | | | | and they know how to attract and screen potential |
| to larger companies, such as manufacturing and | | | | buyers much more quickly then do typical business |
| wholesale & distribution companies. | | | | owners. If you do not have the time to market selling |
| A business broker connects people who are looking to | | | | your own business, it may be a good idea to sit down |
| sell a business with people who are looking to buy a | | | | with a local business broker in your area to discuss |
| business, and helps them to complete the transaction. | | | | representing you in the sale of your business. |
| In most cases a business broker is involved from day | | | | |