Broker Contract for Sale of Business

Business brokers, protect your leads by having potential buyers sign this standard-form Confidentiality & Disclosure Agreement.

• The buyer agrees that all dealings will go through the broker, who has entered into a separate agreement with the seller for payment of commissions.
• The buyer agrees to keep confidential all information provided with respect to any business that the buyer is interested in acquiring.
• The broker gives no warranties regarding the accuracy of any information provided with respect to a business.
• The buyer acknowledges that the broker is acting as the seller's agent.
• If the buyer discloses information to a third party who purchases the business without going through the broker, the buyer is responsible for payment of commissions that would have been payable on the sale price.
• This template is available as a downloadable MS Word template and is fully editable.
• This is a generic form that can be used in many jurisdictions.

Whether you're buying or selling a business, make sure the other party continues the negotiations by getting this USA No-Shop Agreement signed at the outset.

• This agreement can be used anywhere in the United States.
• The parties to the transaction agree that they will not consider other offers or approach other potential purchasers while the negotiations between them are ongoing.
• This free template can be used by business brokers and by buyers or sellers in non-brokered transactions.
• Available in MS Word format. Easy to download and use.

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? Using a Broker to Help You Sell Your Business can help you decide if an intermediary is right for you.