Glossary
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Business Broker
« Back to Glossary IndexA certified professional who assists in the buying and selling of businesses. Business brokers act as intermediaries between buyers and sellers, facilitating the process of business transactions. They play a crucial role in helping business owners sell their businesses and prospective buyers acquire businesses that align with their interests and investment goals. Key benefits in using a certified business broker include valuation expertise, marketing skills, ensuring confidentiality, market knowledge, securing and screening qualified buyers, managing due diligence, and deal structuring. The two largest associations of business brokers in Canada include IBBA Canada (International Business Brokers Association Canada: www.ibbacanada.org) and AM&AA (Alliance of Merger & Acquisition Advisors: www.amaaonline.com).
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