![]() The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. There are no guarantees that working with an adviser will yield positive returns. Typically the business broker will conduct the business valuation and charge a commission of 510 of the sale price. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). While you can sell your business yourself, for companies with less than 5 million in annual revenue, the National Federation of Independent Business (NFIB) recommends a business broker. Hire an auctioneer, dealer, broker, or other expert to conduct. All investing involves risk, including loss of principal. Select the best time and location for your sale. This is not an offer to buy or sell any security or interest. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. ![]() SmartAsset does not review the ongoing performance of any RIA/IAR, participate in the management of any user’s account by an RIA/IAR or provide advice regarding specific investments. SmartAsset’s services are limited to referring users to third party registered investment advisers and/or investment adviser representatives (“RIA/IARs”) that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. Securities and Exchange Commission as an investment adviser. Learn how to sell your small business faster by following these 5 tips on preparing your business, hiring a broker, setting a realistic price. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S.
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