Finding the right business broker in Singapore can make all the difference when buying or selling a business, ensuring a smooth and profitable transition. Whether you’re an entrepreneur looking to enter the market, or a business owner seeking to exit, the 4 best business brokers in Singapore can provide expert guidance. From identifying potential buyers or sellers to negotiating contracts, these professionals offer a range of services tailored to meet your needs. Below, we’ll explore what to expect when working with business brokers, along with key considerations and typical price ranges:
- Services Offered: Business valuation, market research, buyer/seller matching, marketing strategy development, deal structuring, negotiation assistance, and post-sale transition support.
- Key Considerations: Broker’s experience and credentials, industry specialization, success rate, communication style, and fee structure.
- Price Range: Typically, brokers charge a commission ranging from 5% to 15% of the transaction value, depending on the size and complexity of the deal. Additional flat fees or retainers may apply for valuation or consultation services, ranging from $1,000 to $10,000.