It's not always easy to make the decision to hire a business broker. Many sellers don't know the benefits of having someone represent them in the sale of their business. Many business owners think they can do it themselves, field inquiries, and run their business all at the same time. That is a challenging proposition.....trying to keep the sale of your business confidential, determine the time to release confidential documents, and negotiate your best deal all while being incredibly emotional about selling your business. It's a mind field to say the least.

A Business Broker will take the pressure of selling your business off your shoulders, be by your side every step of the way, market your business confidentially, bring only serious and qualified buyers to your business, oversee and facilitate all meetings between you and any buyer, negotiate on your behalf, work with a buyer through the due diligence investigation, and coordinate all paperwork and documentation with the neutral escrow attorney for a successful and smooth closing.  Statistically, hiring a Business Broker to represent you typically brings a higher selling price.

BROKERS ARE NOT CREATED EQUALLY

Also, having the right type of broker representation is key in making sure the transaction goes smoothly.  Business Brokers and Real Estate Agents are NOT created equally!  Hiring the real estate agent who sold you your home or helped you with your commercial lease is only asking for problems along the way. Business Brokers are specialists and have been specifically trained in the art of business acquisitions.  Additionally, business brokers will have Errors & Omissions (E&O) Insurance specifically for business brokerage. Real Estate E&O Insurance is NOT the same type of coverage which can leave both a seller and the real estate agent open for liability if something goes wrong during the transaction.

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