Business Brokers

What the job involves

• Accepts and lists businesses for sale and analyses their performance and market value
• Provides advice to buyers on the merits of businesses and the terms of sale
• Advises vendors of sales and marketing options such as sale by auction
• Catalogues and details businesses for sale and arranges advertising
• Assesses buyers' needs and locates businesses for their consideration
• Offers valuations and advice for buying and selling businesses and structures the terms of settlement
• Monitors and addresses non-compliance with terms and conditions of the sale
• May arrange finance, land brokerage, conveyancing and maintenance of business premises

Key values of workers in Business Brokers

• Achievement

  Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement.

• Relationships

  Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment. Corresponding needs are Co-workers, Moral Values and Social Service.

• Working Conditions

  Occupations that satisfy this work value offer job security and good working conditions. Corresponding needs are Activity, Compensation, Independence, Security, Variety and Working Conditions.

• Recognition

  Occupations that satisfy this work value offer advancement, potential for leadership, and are often considered prestigious. Corresponding needs are Advancement, Authority, Recognition and Social Status.

• Support

  Occupations that satisfy this work value offer supportive management that stands behind employees. Corresponding needs are Company Policies, Supervision: Human Relations and Supervision: Technical.

Top skills required for workers in Business Brokers

• Reading Comprehension

  Understanding written sentences and paragraphs in work-related documents.

• Active Listening

  Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

• Critical Thinking

  Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.

• Active Learning

  Understanding the implications of new information for both current and future problem-solving and decision-making.

• Negotiation

  Bringing others together and trying to reconcile differences.