| There are many benefits in using a Business | | | | - The Advertising and marketing of the business |
| Broker when selling your business. One of the | | | | to attract buyers. |
| main reasons to use a Broker is to free up the | | | | - To answer all questions about the company |
| owners time so he can concentrate on his | | | | from potential buyers |
| company. When an owner tries to sell his or her | | | | - To pre-screen buyers to make sure that they |
| own company, they will waste a lot of valuable | | | | are financially qualified to buy the business |
| time in doing so. | | | | - Schedule and monitor all buyer/seller meetings. |
| Another very important factor of using a | | | | - To obtain SBA financing for qualifying buyers. |
| Business Broker is the confidentiality involved with | | | | - Handle all negotiations with offers and |
| the sale. By not using a Broker, an owner risks | | | | counteroffers. |
| loosing key clients, vendors and employees. | | | | - To assist with the Due Diligence process. |
| A Business Broker's duties includes: | | | | - To assist the buyer and seller through the close |
| - Coming up with the appropriate value of the | | | | of escrow. |
| business, and explaining to the owner how the | | | | These are just a few of the many benefits of |
| value was established. | | | | using a Business Broker. There are hundreds of |
| - Writing a comprehensive Review on the | | | | variables in selling a business and it is the Broker's |
| company to increase the marketability of the | | | | job to pay close attention to the details to make |
| business and to outline the business for potential | | | | the business transaction a smooth one. |
| buyers. | | | | |