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What role does a business broker play in buying a business?

Looking for any advice to help with decision to use a broker.

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The BAF Group LLC

No disagreement in anything that has been said, thus far. But sometimes, it is even more fundemental. We can help provide you with some direction, if you are uncertain in what kind of business you even want to approach. Or, we can determine what businesses in your specific field of interest might become available, that are not currently on the market. We do this frequently. The more appropriate questions is: What do you need? And can the Business Broker meet those specific needs?

Jul 1, 2009
Gerald Kong
Trinity Transaction Advisory, LLC
Premium Broker


A good advisory will have an comprehensive Buy Side package customized for your precise needs and assist in evaluating opportunities, strengths, weaknesses and potential obstables as well as negatiation and structuring guidance. The firm should also have value assessment capacity with price justification modeling to support the transaction structure. These are KEY buy side tools your advisor should have at his/her disposal. Let us know if you need support to this question at the link below.

Jul 1, 2009
Janelle Peralt
JP Business Brokers
Kerr County, TX

If you find a good broker that can alert you to any possible problems with a business. They should be able to write an LOI before either party incurs legal expense. With the LOI, they can help you secure financing. They can also help with transition of many things including licensing.

Jul 1, 2009

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