What Is a Business Broker?

What Is a Business Broker & Why Do I Need One?

What is a business broker? What does a business broker do? If you ever asked yourself these questions, then you came to the right place for answers. A business broker is a business professional that specializes in buying or selling a business or franchise. Most people do not have experience in buying or selling businesses, so this is where business brokers come in. Business brokers are experts who can create strategies to buy and sell business efficiently.

Murphy Business brokers have years of experience managing or owning a business. All Murphy Business brokers are former corporate executives or business owners themselves. They are well versed in business acumen and know how to operate a business at a high level. It is this expertise and specific business knowledge that is incredibly valuable in understanding how to buy and sell a business and do it right. Murphy Business brokers buy and sell businesses all the time and have proven strategies and tactics to make the best deals possible for our clients. Buying and selling businesses can be an arduous and difficult process, but with a skilled Murphy Business broker by your side, you can rest assured that you will receive high-quality service in all your business endeavors.

What does a business Broker do?

Business brokers do a variety of tasks, including buying and selling a business, business valuation, mergers and acquisitions, commercial real estate, machinery and equipment appraisals and much more. Murphy Business Brokers work closely with sellers to help get their business ready to sell. Business brokers also analyze the market to determine a reasonable asking price, so this research is extremely important to gauge the value of the business. Once the asking price is finalized, we create a marketing plan to spread the word to potential buyers. If a buyer wishes to purchase a business, we will work to negotiate and structure a fair deal. These are just a few things business brokers do daily.

If someone ever asks you, “What is a business broker?” you can now answer this question with confidence. Our Murphy Business brokers are the professionals who will assist you with all your business needs. Contact us for experienced business professionals that help you reach your business goals.