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RE: Business brokers

infinityfreedom888 — Mon, 04 May 2009 18:00:35 GMT

Hi there, I used a business broker a few years ago and found out afterwards that he was working for the other person not me! I found out when I went to collect my payment, which was significantly reduced that he had a clause in there NOT in my favour. Make sure you have an independent solicitor to read the fine print. I now run a business that I never want to sell!

Business brokers

jonesy02 — Fri, 12 Sep 2008 13:11:56 GMT

Hi, I'm selling my business on Trading Post and was wondering what anyone's views were on business brokers? They seem to charge about 5% but want a cash sum up first. After they get their cash...am I going to get my moneys worth? The ad is here

http://www.tradingpost.com.au/Business-Office/Business/Businesses-for-Sale-Lease/AdNumber=TP000459075?BackToResult=true

Thanks for all your help!