A Business Broker plays a key role in facilitating the purchase and sale of small businesses. Working as part of a brokerage team and collaborating closely with legal and financial advisors, this position involves managing listings, coordinating transactions, and maintaining strong relationships with clients. To be a Business Broker with our company, you will primarily create your own hours, but are required to meet at our Southlake office once a week for continued training and group meetings. You should also be comfortable with networking, as this is part of the job in this field.
The role of a Business Broker is to negotiate business transactions between buyer and seller, and get paid via an often times 10-12% gross commission once each deal closes (real estate agents receive only 3-6% of much smaller transactions). It is not uncommon to transact multimillion dollar deals in this field. Sellers reach out to business brokers when they are ready to sell their businesses; and it is the job of the Business Broker to connect them to the right buyers and walk them through the process from start to finish.
As a business broker you will be trained to be a true business professional, as you will have to deal with lawyers, accountants and landlords to transact business. You will have to be on your A-game when working with us, but we allow you the autonomy to work your own schedule and your own hours to get the deals done (even though the office space is available to you and will require that you meet once a week).
Responsibilities
Perform accurate business valuations for listing and sale purposesManage listings and maintain up-to-date information in CRM platformsMatch potential buyers with appropriate business opportunitiesCoordinate due diligence processes between buyers, sellers, and advisorsOversee transaction coordination to ensure smooth closuresMaintain and develop strong relationships with clients and referral sources
Preferred Qualifications
Entry-level experience in salesBachelor’s degree in Business Administration or related fieldStrong negotiation, communication, and interpersonal skillsProven sales aptitude and problem-solving abilitiesEffective networking skills to build and maintain business contacts Read Less