The job of brokering businesses involves many different processes. Proper management of these processes is necessary to meet the due diligence responsibilities required by your clients.
These include:
- The Marketing Process
- Contacting prospective buyers of your client's business
- Contacting prospective sellers of businesses that your client may have interest in purchasing
- Contacting businesses interested in retaining your services to assist them in buying or selling a business
- Brokering Process Due Diligence
- Researching all aspects of the target business for value and profitability
- Preparing valuations
- Preparing marketing materials
- Expenses Tracking
- Tracking expenses incurred on behalf
- Reporting to clients on expenses incurred