Using a Broker to Help You Sell Your Business

Should you attempt to sell your business yourself or use a broker? This expert guide discusses the benefits of using a broker or intermediary to sell it for you.

Whether you decide to use a licensed business broker, a lawyer or an accountant experienced in buying and selling privately-owned businesses, there is a lot they can bring to the process. The guide covers a range of topics including:

retaining an intermediary,
how commissions are determined,
completing a business review,
provisions of the listing agreement,
preparing and implementing a marketing plan,
negotiating the deal,
due diligence and the definitive agreement,
closing the sale,
licensed brokers vs. unlicensed intermediaries.

You know your business. But do you know how to sell it? Read Using a Broker to Help You Sell Your Business and decide if an intermediary is right for you.

Document Type:

Microsoft Word

Last Updated: 14-April-2016

SKU: 5367

$12.49

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Broker Contract for Sale of Business

Prepare an Agreement for Sale of Business between a business broker and a client with this fully editable template.

The broker will list the business for sale, identify potential buyers and act on behalf of the seller to complete a sale.
The broker's commission rate will be calculated as a percentage of the sale price or a minimum fixed rate, whichever is more.
The seller grants the broker a lien over the business assets until the commission is paid in full.
The parties agree to arbitration in the event of a dispute.
This template includes a confidentiality agreement which potential buyers must sign before reviewing confidential business information of the seller.
Available in MS Word format, easy to use and customize.
This is a generic form that can be used in many jurisdictions.

$29.99