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Why Working With a Business Broker Could Be the Best Decision You Make
Whether you’re thinking about selling your business or looking to buy one, taking that first step with the right broker by your side makes all the difference.
Not all brokers are the same. They bring different experience, communication styles, and areas of expertise. And because buying or selling a business is one of the most significant decisions most people will ever make, it’s important to work with someone you genuinely connect with and trust to guide you through the process.
That’s why we offer a consultation at no cost, no commitment, no pressure. It’s simply a chance for us to learn a little about each other and see if we’re the right fit for what you need.
Here is what you can expect when we talk
We will ask about you, your business, your plans for the future.
You don’t need to prepare for the conversation – the questions will be general in nature. If you are selling a business we would like to know about how much you make each year. We won’t be able to tell you what your business is worth during our call – that requires deeper financial analysis. If you are buying we would have questions about your income requirements and investment available.
You can ask us questions too. If we become your business brokers and represent the sale of your business, we charge 12% of the sale (with a $12,000 minimum) on a contingent basis. If we don’t sell your business, we don’t get paid anything for all the work we do to prepare and market your business.
We also represent buyers under a similar contingent arrangement and credit the buyer for any compensation we receive from the seller’s agent.
There are some situations when contingent representation is not the best solution, and in those instances sometimes we act as consultants on an hourly fee basis. For some businesses we recommend a formal opinion of value which we prepare on a fee basis. During our conversation we will figure out what arrangements may be best for you.
You can rest assured that our talk will not be a sales pitch.
