Business Brokers usually work on a commission based fee. This fee can vary depending on industry, experience or location.
In this service the commission may appear high because the business broker assumes all the risk, meaning if the business doesn't sell the business broker doesn't get paid. If you have a good business then selling it shouldn't be a problem.
We offer a Commission Based fee structure but as an alternative we offer an Hourly Rate fee structure which can be capped or a fixed amount so that you know exactly what it's going to cost you.
If you have a good business then this is your best option as our hourly rates are based on normal consultancy fees and are designed to share the risk (you save on fees and we get paid). Download the following table and judge for yourself how much you can save and which service is best for you.
In this table find the value of your business and measure this against the commission fee charged by main stream business brokers for a general business. (Certain industries have specialists that offer discounted fees).
In the columns next to the commission amounts are the consultancy fee equivalent based on the number of hours needed to sell your business. As a general rule in a straight forward sale, most businesses would sell within a 20 - 30 hours time frame.
Our fees include the preparation of the profile or information memorandum, most Business Brokers will charge extra for this service.
What's the catch? There is no catch, we understand that some people would prefer to have a "pay as you go system" and only pay for the services that they receive.
This is the cheapest option for you if you want to have a business broker or business consultant sell your business. It makes commercial sense to use our consultancy or hourly rate system however, we make the choice entirely yours.
