Business Broker acts as an intermediary between
Buyers and Sellers of businesses. He is responsible
of getting both parties together and his goal
is to sell businesses.
best way to locate the function of a Business
Broker is to compare him to his closest relative
the Real Estate Broker. The work of a Real Estate
Broker is to locate Sellers of houses and match
them with potential Buyers. In the event that
the sale is closed he earns a commission.
The Business Broker does exactly
the same work of a Real Estate Broker, except that
he sells businesses. Business Brokers assist business
owners in preparing their business for sale, show
the businesses that they have listed, prepare and
deliver the documents necessary to close the deal,
and assist in the closing of the business.
|What are the functions of a
|The Business Broker has as his clients
business owners who wish to sell their company, and
potential Buyers who wish to acquire a business.
|The general functions of a
Business Broker are:
businesses for sale.
- Assist the owner in the
valuation of the business.
- Gather all the information
of the company and request all the documents necessary
for its sale.
- Produce a description sheet
to promote the sale of the business.
- Promote the businesses he
- Entertain, guide, qualify
and list potential Buyers.
- Mediate in the negotiations
between Buyers and Sellers.
- Provide both parties with
the professionals necessary to complete the sales
transaction (Lawyers, Accountants, Fiscal attorneys,
Public Notaries, etc.).
- Guide Sellers and Buyers
in order to close the sale transaction.
- Prepare and accompany
both parties until "closing day".
IF you wish to become an EMPIRE
Broker please fill out the
following contact form: