BizNexus Roundup
Quick & dirty interviews, war stories & tips from the trenches of business acquisition, growth & sale. We aim for value, efficiency & fun, so you'll walk away with something useful to take with you along the journey of buying, growing & selling a business.
BizNexus Roundup
What should a buyer look for in an intermediary? Vice Versa? Roundup With Intermediary Hal Feder
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BizNexus
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Season 1
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Episode 3
For this Roundup we jumped into the topic of what a buyer should look for when choosing an intermediary, and vice versa.
- How to get a broker to take you seriously?
- What's a broker actually looking for when they assess whether or not to engage with a buyer or seller?
- What should a buyer look for in a broker and how can you identify, and leverage the right one(s), the right way?
Show Notes:
- 04:00 What should a buyer look for in a broker?
- 08:00 What should somebody hoping to buy a business look for in a buy-side broker to help them with their deal flow & acquisition search?
- 12:00 Buy-side work is hard. Recognize that when you're approaching a broker and you'll be more successful engaging the right intermediary.
- 13:30 Look at a retainer as an investment
- 14:00 How can you find a niche intermediary?
- 15:00 Tips to show you're a serious buyer
- 20:00 Make sure you have a statement of assets to separate you from the rest of the buyer pack
- 22:00 Most intermediaries don't care about your alma matter
Show Links:
- Hal Feder
- Intro Music Artist: DJ Freedem | Track: Pretty Boy
- BizNexus: https://www.biznexus.com/
- Get prequalified for an acquisition loan