Should I talk to the broker or directly to the business?


Posted February 28th, 2010 by admin 2 Comments »
business broker
Tayler asked:


Hi,

I recently asked this question:

I’m interested in buying a pub. The asking price is 80,000.
I want to pay the seller 5000 a month directly. No loans e.t.c.
If i agree to pay 10000 over their asking price do you think they will agree? Is this something that happens regularly? Am I just talking complete crap and this is in no way possible.
I’m thinking that we agree terms. I take over and start managing it and pay them back 5000 a month.

My question is, should I negotiate terms through the broker or talk directly to the business with a deal like this?

Same as before any time spend on this question will be greatly appreciated.

Thanks in advanced.

Tayler Hughes

I’ve found a business I’m interested in purchasing, Ive only dealt with sellers realtor so what must I do next?


Posted February 28th, 2010 by admin 2 Comments »
business broker
J P asked:


Im thinking business broker, attorney, accountant etc. but with so many con merchants out there I am at a loss of what I need and where to find them. Any advice would be appreciated. Thanks

How do I know which insurance Class Code my business should be?


Posted February 28th, 2010 by admin 1 Comment »
business broker
grlnxtdoor asked:


My broker put my business down for Home Health Care Services but we provide training to special needs adults in their home and do not administer medication. We do monitor their medication intake to make sure they take them properly per doctor guidelines but that’s all. The quote was much higher for that class code compared to our other services.

Rental Business: when buyer must “assume a mortgage” does it mean buyer does NOT need a mortgage broker?


Posted February 28th, 2010 by admin 3 Comments »
business broker
Neil V asked:


Hi All,
When buyer is required by the seller to “assume seller’s mortgage” as part of the purchase, does it mean buyer does not need a mortgage broker to complete the transaction? will the RE agents take care, in this case, of the communication with the SELLER’S BANK regarding the assumable mortgage?
THANKS.

If you have an accountancy degree are you Qualified to be a broker?


Posted February 28th, 2010 by admin 3 Comments »
business broker
Nathan asked:


Also which degree would be best for becoming a Broker Business? economics?corporate Governance, Non of these, do you even need a degree/Qualifications

How do I find a business broker for selling a business?


Posted February 15th, 2010 by admin 2 Comments »
business broker
tabb1999 asked:


I’m entering year five of a small business I’ve started. Gross sales $250K in 2009, net cash flow about $75K. Provable top 5 in the market. Startup plan was to sell after five years and I’m itching to move on to the next project. I’m an entrepreneur, not a manager, and I’m ready to start planning my exit strategy. There are plenty of people who want to list the business, but how do I find the one who will maximize the value to me without leaving me personally exposed if the business fails to thrive under the new management? What questions do I need ask potential brokers to help me find “the one”? Please don’t take this as an opportunity to solicit or to make specific recommendations of brokers.

What is the best venue to sell my business?


Posted February 15th, 2010 by admin 5 Comments »
business broker
Joseph R asked:


I own a pool hall that I want to sell. I have already tried a business broker who just put it on all the business for sale websites, with no luck. I have also tried craigslist, but no serious potential buyers came from there.

How can I put my business in the stock market without using a broker?


Posted February 15th, 2010 by admin 5 Comments »
business broker
ivangilmiami asked:


I want to find detailed instructions on how to put my business in NASDAQ but I want to learn how to do it myself, do you know how to do it or where can I find that information?

How can i get information about setting up a broker business for telecoms, gas, electric etc?


Posted February 15th, 2010 by admin 1 Comment »
business broker
mwetherell1 asked:


What I want to do is setup a broker business finding the best deal for residential houses. I need to know how I can get in contact with these companies so I can get the contracts etc. So I can setup this business any ideas anyone out there? I need contact details so I can contact the different companies of telecom companies, gas and electric etc. Any help would be apreciated.

Do business broker charge commission if you’re the buyer and hire a broker?


Posted February 15th, 2010 by admin 3 Comments »
business broker
Noheaven asked:


Do business broker charge commission if you’re the buyer and hire a broker to buy a suitable small business ?
Or does it work like residentail brokers where buyers don’t have to pay any commission?

Thanks!