Hyde House

What is a Business Broker?

WE FIND BUYERS, NEGOTIATE TERMS & CLOSE THE DEAL

A business broker is a professional with a track record and time served in buying and or selling businesses.

You should expect a broker to have completed a number of transactions and to be ‘commercially’ aware of the skills needed to run and build a successful business. In other words, you would want your broker to demonstrate that they have held senior positions, with profit and loss responsibilities, in larger firms. That they have taken entrepreneurial risks in the past e.g. running their own business, so that when they discuss your business with you, you will know that they are advising from a position of earned authority.

The job of a business broker should be (but care it isn’t always) to manage the process of selling your business including ensuring that your business is optimised (any trading issues are resolved), marketing, negotiating and closing the deal.

To discuss how the broking services of Hyde House could benefit your business please call us on 01604 864 353  or email us at mail@barryparsons.com