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How To Choose a Business Broker
Manage episode 442070413 series 3563253
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LINK TO YOUTUBE: https://youtu.be/OqEDsaRhy10
WEBSITE: https://bossgi.com
RELEASE DATE: September 26, 2024
SHOW NOTES:
Boss Talk: Selling Businesses with Jim Parker and Carey Sobel | EP 13 | How to Choose a Business Broker
Welcome back to Boss Talk! With only about 10,000 business brokers in the United States, the stakes are high when selling one of your most valuable assets—your business.
In this episode, hosts Jim Parker and Carey Sobel of Boss Group International, delve into the essentials of selecting the right business broker. Their discussion covers key factors such as experience, empathy, industry knowledge, continuing education, ethical standards, and the importance of a strong professional network. Learn why experience isn't just about years in the industry, but about overcoming the many challenges in deal-making. The duo also highlight the significance of building good relationships, having honest and tough conversations when necessary, and never cutting corners for the sake of client satisfaction. If you're looking to sell your business, this episode provides invaluable insights into what you should look for in a business broker to ensure a successful transaction.
Business owners, if this content resonated with you, feel free to contact Boss Group for any inquiries or to get started with a Broker’s Opinion of Value. We're here to serve you and ensure your business goals are met with excellence.
For more information on selling your business, visit https://www.bossgi.com
Subscribe on YouTube for the latest from Boss Talk: https://youtube.com/ @ListenToBossTalk Leave us a comment, like, and share! Let us know if there is a topic that's on your mind, and you would like us to cover in a future episode. We welcome your feedback!
Catch up on past episodes here: https://www.youtube.com/playlist?list=PL6P2KZ69USp7uXhVKINeFL6IzcV9dr0fa
00:00 Introduction to Boss Talk
00:23 Understanding the Business Broker Landscape
01:07 The Importance of Experience in Business Brokerage
05:24 Empathy and Relatability in Business Brokerage
08:23 Building Strong Relationships with Business Brokers
13:53 The Role of Professional Networks and Peer Groups
21:04 The Value of Industry Designations and Continuing Education
26:58 The Importance of Professional Connections
31:29 Avoiding Shortcuts in Business Brokerage
38:06 The Importance of Success Rates and Quality of Life
40:37 Conclusion and Final Thoughts
#businesspodcast #bosstalk #businessbroker #sellingbusinesses #bossgroup
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