What Qualities Make a Good Business Broker Stand Out?

Over the past years, we have heard a million frightening stories about business owners dealing with some “fly over-night” business brokers. It always makes us wonder as to how would they get hooked up with people when they have already heard about them in public.

We feel sorry for such business owners and wonder if we could do something to market our skills and abilities. Yes, there are a bunch of reliable business brokers that you can trust on with your property. However, since we are in this business, we can tell the difference between a good and a bad business broker. But, can you? Maybe that’s a tough question to answer but to make it easy we have listed a few points that you must really consider before hiring a business broker.
  • Principles and Ethics – It is recommended that you check whether the brokers have achieved their CBI (Certified Business Intermediary) designation from the IBBA (International Brokers Business Association). They must adhere to all the standards of the code of ethics and professional conduct. Also, check for references. This is the best way to find a reliable business broker.
  • Honest Approach – Honesty is difficult to be judged by an amateur eye. But, look for your inner gut. Are you receiving satisfactory answers to your questions? Or are you getting vague responses to your questions? If the business broker sits down with you and solves all your confusion, it is obvious that they have nothing to hide.
  • Market Reputation – Make sure that you get references and insights from people around you about business brokers in Geelong. Apart from this, if the broker owns a website, have a look at it, search him on google and see what people say about him. Remember, credibility cannot be purchased, it has to be earned by your hard work.
These recommendations are not foolproof, but can surely help you take the right decision. Make sure that you don’t take it lightly and carry your research properly. At, AA Business Brokers, we are more than just these mere recommendations. With a major experience in the field, we are one of the prominent Geelong business brokers, providing you with the best broking services. Call us today to find out more at 0400 650 770.

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