The Upsides of a Business Broker: Expertise and Experience: Brokers are like seasoned sailors, knowing the treacherous waters of mergers and acquisitions. They can expertly value your business, identify potential buyers or sellers, and guide you through the complex legal and financial maze.

Type of buyers: Business brokers may have relationships with a range of potential buyers, including individual investors and smaller businesses. Investment bankers, on the other hand, typically have access to a wider range of potential buyers, including strategic buyers, financial buyers, and private equity firms.

Business brokers are paid through commissions based on a percentage, typically upwards of 5 percent, of the sale price they secure for the company. For some companies, that may represent money well spent.