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Business broker.
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[QUOTE="Deleted member 28873, post: 79214"] A business broker is aprofessional who assists in the buying and selling of businesses Browse By Categories A-Z Search Encyclopedia Popular Articles The principal value of a business broker is to act as a buffer between the buyer and the seller. A broker can say certain things to a buyer and certain things to a seller and wind up with a productive discussion. The broker can tell the owner the price is too high, relay what has to be done to make a deal--very openly and candidly-- and discuss how the differences in viewpoint can be ironed out effectively. If you're in the market to buy an existing business, a broker can help you find businesses for sale that fit your parameters, including location, industry and size. The broker will typically charge you a commission of 5 to 10 percent of the purchase price, but the assistance brokers can offer, especially for first-time buyers, is often worth the cost. However, if you're trying to save money, you might want to consider hiring a broker only when you're near the final negotiating phase. [/QUOTE]
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