What should you consider when hiring the right business broker? Are you thinking about selling your business and looking for an investment banker or broker? What is the most important factors to consider when hiring a business broker to help you sell your company? In today's video, we cover five common mistakes I see business owners make when trying to sell their business and looking to hire M&A representation. Not all brokers are alike and there is no standardized training so picking the right partner is key to successfully selling you company and avoid potential confidentiality leaks. The five common mistakes when hiring a business broker are:

1) Not agreeing to a business valuation upfront prior to engaging a business broker are you aligned on value? [2:43]
2) Choosing the wrong M&A advisor in terms of target market, business size or marketing approach [6:41]
3) Not hiring a fulltime M&A professional or choosing nonM&A professionals like your accountant or lawyer [13:03]
4) Going for cheap vs paying for success [16:07]
5) Rushing to market & skipping the premarket preparation/work required [20:45]

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If you want to reach out via email, you can contact me at;

[email protected]

If you are looking to sell your business and would like to learn more about Roblee Capital, please reach out to me for an introductory call. You can contact me through email or through my LinkedIn at;

  / robertbezede20ab8a6a  

Roblee Capital is a Torontobased M&A Investment Bank focused on serving companies with revenues between $1MM to $100MM primarily offering sell and buyside M&A services. We work with Canadianbased business owners looking to sell their lower midmarket business. If you are a Canadian business owner looking to sell or buy, please reach out so we can connect at the link below:

https://www.robleecapital.ca/