The articles are provided for information purposes only, and are not intended as legal advice.


Unlike a house purchase where the buyer and seller have their own agent, business brokers often represent both buyer and sellers of the business. What to expect of your broker is (more…)

The articles are provided for information purposes only, and are not intended as legal advice.


When it is time to retire and sell your business, you have two choices, sell the business by yourself or use a business broker.  There are many pros and cons of using a business broker (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


If you think that the business broker is magically going to find you the perfect business, you are wrong.  The business broker will find you a business which you describe.  You have to provide them guidance (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


A business broker can be the mediator between the buyer and seller and can help negotiate a middle ground between both sides.  You may need the seller to help train you after the sale is completed therefore if you (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


Business brokers are usually hired by the seller of the business.  Sometimes, they are hired for a specific search to find a certain business profile that a buyer would like to find and they are relying on the business (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


If you have never sold a business before, how do you screen prospective buyers?  How do you keep confidential the name of your business and not identify your business for sale to a competitor by accident?  (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


Business brokers can be very helpful but not all business brokers are alike.  There is no one course that a business broker takes.  In many locations, the Business Broker Act falls under the Real Estate Act.  Many (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


What is a business broker?

January 13th, 2009

A business broker is an intermediary between an investor and the seller of the business.  The seller of the business usually hires the business broker to represent them.  The business broker discusses and may (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


Finding a business broker

January 12th, 2009

When you decide to sell your business, you can either sell the business yourself or hire a business broker.  Where do you find one and how do you know that he/she is good?  Unlike real estate brokers, a business (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


If you sell your business yourself, you will save commission otherwise payable to the business broker.  You will be able to control who knows about your business for sale, the amount of information that you provide (more…)


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