Question on business broker

[checkretro]

Hi all,

I am asking on behalf of a friend.

My friend invested and co-founded a company with her partner. The business is profitable but she find it too busy for her in running the firm. Now she is contemplating to look for a interested person to buy over her share of the company.

Question : Are business brokers suitable enough to look for potential buyers in her shares?
Any other ways to look for buyers?


Thanks a lot!

[richard.ong]

Hi there,

you may want to check out redacted, they are one of the few business for sale brokers in Singapore

regards

Richardo

[Mi Amigo]

Hi there,

you may want to check out redacted, they are one of the few business for sale brokers in Singapore

regards

Richardo

Hmmm. redacted was registered on 25th June 2013 to Vodien Internet Solutions Pte Ltd, a number of whose domains seem to list Richard Ong as a contact. Does this post therefore constitute advertising I wonder?

[nakatago]

Hi there,

you may want to check out redacted, they are one of the few business for sale brokers in Singapore

regards

Richardo

Hmmm. redacted was registered on 25th June 2013 to Vodien Internet Solutions Pte Ltd, a number of whose domains seem to list Richard Ong as a contact. Does this post therefore constitute advertising I wonder?

Yes, it does. Good catch; thanks. I've had my spider sense tingling since the posting but life got in the way.

-Moderator

[taxico]

i know people personally who've used such brokers (no clue who these brokers are) and have licensed or sold their businesses off.

they have to do a lot of work (IMO) to get the deal done - and their commission. i would think they're quite motivated unless the business is not properly valued or not profitable.

[BlockSuper]

There are a number of brokers that you can find from google. No one in particular comes to mind. There are a number of websites that help sell businesses too like buysellbusiness.com, businessesforsale.com, theasiainvestor.com so have a look at them.

[livingontheedge]

Offer to the competitors - typically competing firms would buy for the market share/customer lists.