What is a business broker / business intermediary?
A Business Broker is an individual who works with either buyers or sellers of businesses to help them realize their goals. The Business Broker determines the value of a business, determines whether or not a sale makes sense, and recommends the proper terms and structure for the sale. The business broker can handle the various aspects of a transaction including developing a marketing plan, executing the plan, locating and screening potential buyers, negotiating the price and the terms of the sale, and assisting buyers in obtaining proper financing. A Business Broker can help a buyer to determine exactly what type of business he/she is looking for, based on the buyer s goals and financial picture. The business broker can then locate and evaluate businesses that meet the buyer s criteria. A business broker can handle all aspects of the transaction, including negotiating the price and the terms of the acquisition and assistance in securing financing. Finally, a broker maintains a network o
