It would not be unusual to see between a 10% to 20% commission fee. Some brokers will also have a guaranteed Telephone Number List minimum, on the order of You should only hire a business broker if you believe that the time and effort involved justifies this price, or if you believe they will raise the selling price by more Telephone Number List than the amount of their commission.

A great broker is worth Telephone Number List their weight in gold, but a bad (or even mediocre) broker costs far more than they are worth. In many cases, the sale will be lost due to incompetence on the part of the business broker. If you are not Telephone Number List confidant that the business broker can not only increase the transaction value, but can also increase the chances of actually getting the business sold, then you are probably better of managing the sale on your own.

Do not work with a business Telephone Number List broker if you go into the transaction not knowing what you want out of it. Many times business brokers will contact you proactively, letting you know that there are buyers interested in buying Telephone Number List your business. Selling a business is a big decision, and one that you should enter into with a great deal of care.