Can You sell my business? A broker cannot really “sell” your business because he does not know how
...Can You sell my business?
A broker cannot really “sell” your business because he does not know how your business operates. A professional broker’s initial job is to get a business listed at the best possible obtainable price and with realistic terms of sale. The next job is to qualify buyers to keep you from wasting time with people who are not financially qualified to meet your requirement. Qualified buyers will be presented your business profile after they have completed a Confidentiality Agreement. The broker will then schedule a meeting between the business owner and the interested buyer. The business owner will explain the business to the buyer. After this meeting, the broker will work to get a written offer to purchase. The broker will then present the offer and after acceptance will coordinate the due diligence process which precedes the closing.
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