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