They can provide expert advise related Telephone Number List to market conditions and can help evaluate potential offers to buy your business. For example, a business broker will typically provide a free initial Telephone Number List estimate of the sales price of your business, and can provide information on what similar businesses may have recently sold for in your area.
A business broker can help preserve the confidentiality of the sale. By having a third party involved, buyers can interact with the broker instead of the business owner, making it easier to protect the identity of the business for sale. With so many good reasons why a broker can help sell a business, no wonder that most Telephone Number List businesses that are sold ultimately involve a business broker. However, there are downsides to working with a broker that a prudent business owner should consider.
Why you should NOT work with a business Telephone Number List broker when selling your business 1) Business brokers may charge a large commission. The amount of commission varies based on many factors, such as the ultimate Telephone Number List sales price, geographic location, and the skills of the broker. For a "main street" style business selling for less than a million dollars