Your experience | advice | opinion on Business Brokers

professional profile

June 16, 2023

by a professional from University of Illinois at Urbana-Champaign - College of Business in Indianapolis, IN, USA

How common is it to have a broker involved in your deal?What experience have you had working with them? Is their impact mostly positive, or not? How effective are they in preparing business owners for the sale of their business?

0
2
49
Replies
2
commentor profile
Reply by a professional
from Texas Tech University in 2400 Aviation Dr, DFW Airport, TX 75261, USA
This highly depends on the broker. Some are very helpful and do what they can to make a deal happen. Some are organized and that can be valuable.
If you plan to work with one, buying or selling as your representative or the other side's, it's good to find one that is friendly. But like most people, they are a "cat in a bag".
How effective are they in preparing business owners for a sale? Well, see above. But many are quite logical and will be realistic with you.
commentor profile
Reply by a professional
from University of Illinois at Urbana in Indianapolis, IN, USA
Thanks ^redacted‌ - your input is appreciated
Join the discussion