What is a Business Broker?

Please bear in mind that selling your business may be the largest personal transaction you will ever make and it is likely to be a life changing experience involving time, commitment and emotional upheaval and liaison with accountants and solicitors. You will need and benefit from the services of a specialist Business Broker.

We are Business Brokers. 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:

bullet That they have held senior positions
 
bullet Been accountable for profit and loss responsibilities
 
bullet That they have taken entrepreneurial risks in the past e.g. running their own business

This experience is vital such 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 to manage the process of selling your business, which includes, ensuring that your business is optimised (any trading issues are resolved), prior to any marketing, the subsequent negotiation 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

Hyde House - Business Broking Articles


Hyde House has written the following articles to help inform potential buyers and business owners looking to sell their companies make informed decisions.
 
bullet The Process selling a business in 12 steps... read more
 
bullet What is a Business Broker what does a business broker do?... read more
 
bullet Do you need a Business Broker how can the services of a broker benefit you and your business... read more