Simplicity.
We are not a business brokerage. All companies listed are "for sale by owner". We represent neither the buyer nor the seller in the transaction, and do not push the parties further apart by taking 10% of the company sale price directly out of the down payment.
Discretion.
The main reason a company hires a business broker is so that they can discreetly advertise their company for sale, without alarming their customers or employees. It is important that sellers advertise anonymously, and using BUY-A-COMPANY.com accomplishes that in listing the company for sale.
Screening.
It is also important that sellers protect their identities and their business models until after prospective company buyers have been pre-screened. Some pretend to be serious company buyers, while in fact they are just curious, or searching for new business ideas. Before any prospective company buyer is put in contact with a seller, the buyer will have stated the amount of cash they have available, as well as agreed to this
Non-Disclosure Agreement.
Expert Advice?
Smart company owners do not need a business broker. They simply need a place to advertise discreetly. A typical business broker spends much of their time on company-for-sale websites, trolling for leads. They present simplistic rules-of-thumb as expertise. When it comes time to negotiate sales terms, they let the buyer and seller hack it out. After a tentative deal is reached, they refer both parties to their respective attorneys and CPAs. In other words, after the introduction is made, most business brokers disappear, magically showing up at the closing table to take 10% of the seller's life work. Many brokers are nothing more than expensive matchmakers.
The Process.
Introduction. Cash flow and business model analysis. Offer and Acceptance. Open Escrow. Due Diligence. Close Escrow. Both parties should consult with their respective attorneys and CPAs as early as possible in the process, but certainly before Step 3.