Category: Business Brokers

I want to continue discussing some of the misconceptions and misunderstandings that transpire between business buyers and brokers. I also want to thank you for the great feedback to last week’s post.In Diomo's publishing business, we receive over 2000 emails…

The the last few weeks I have received an unusually high volume of comments from business buyers and brokers. I thank you for all of your comments; that is what makes a great online community. Nevertheless, I am disturbed by…

Question: I have decided to sell my successful business. I am leaning towards selling it on my own. I see all these websites available to list businesses and my inquiries to my accountant and attorney have not been favorable about…

Question: I learn a lot from your question and answer section. My questions are: 1) Is business brokering a good business to be in and can you really make good money selling businesses? 2) How do you deal with buyers…

Question: I've been having a hard time getting brokers to respond to my inquiries on their listings, and I think it's because I am very young (22) and have never bought a business before. But I am very serious about…

Question: I have been looking to buy a business for about 8 months now and very seriously in the last 2-3 months. I have sent in at least ten inquiries to business brokers recently and some owner sellers, and can't…

Question: How can you get past a bad, or just plain incompetent, broker? The latest example is waiting for more than 3 weeks for any kind of financial paperwork for a business we were interested in. The broker always has…

Q: I want to buy a business that manufactures accessories for trucks/SUV's in the $2-10 Million revenue range. Have not had much luck approaching potential companies that are not on the market. A business buyer representative says he can do…

Q: The business broker I've been using is also representing the seller. Is this a normal situation and am I responsible for all or part of her commission? A: This situation does happen quite often but you may need to…

Q: I thought business brokers work like real estate agents and gladly share and cooperate with listings. I'm located in San Diego and brokers tell me they don't work together. Any suggestions? Do I really need a business broker? A:…