Business Broker

Premiere Business Services offers Business Brokering services.

What is a Business Broker? A Business Broker acts as an intermediary between sellers and buyers of small businesses. Business brokers assist buyers and sellers of privately held small business in the buying and selling process. They typically estimate the value of the business; advertise it for sale with or without disclosing its identity; handle the initial potential buyer interviews, discussions, and negotiations with prospective buyers; facilitate the progress of the due diligence investigation and generally assist with the business sale.

The most common services provided by a Premiere Business Services broker to a client are:

  • Assist client in establishing a MPSP Value – Most Probable Selling Price Valuation; the techniques used by individual brokers can vary greatly in this process
  • Develop a comprehensive Information Memorandum on the company; a document outlining the business for potential buyers
  • Conduct buyer searches
  • Exposure – Marketing the business to prospective buyers
  • Screen buyers for ability to complete a purchase
  • Coordinate negotiations and provide deal structuring advice
  • Provide overall deal management to guide the client through the entire process
  • Help maintain confidentiality of the sale
  • Hourly Consulting for a fee, based on the client’s needs

Perhaps one of the biggest services provided by Premiere Business Services brokers is the ability to allow owners to stay focused on running their business during the sale process, which can be take on average 6 months to 12 months to complete.

Please call Premiere Business Services if you are wanting to learn more about the opportunity to purchase an existing, or sell an existing, business. 636.947.8885