BUSINESS BROKER
Training Outline
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From Scott Radin -
Owner - Founder - Training of Business
Broker Training Center - After
you have secured training then we will go
through the following outline to decide what
subjects you want covered with the group and
what subjects you want covered with you and
/ or a select few. I can help you decide by
providing input on what others before you
chose to do. |
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Office Set-Up
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Determining To Work From Home Or Rented Office
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Home Office Set Up
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Rented Office Set Up
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What To Look For When Renting
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Where To Meet
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Things You will Need To Start
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Managing Business And Expenses
Business Broker Troubleshooting
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Why buyers need guidance
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Why buyers receive bad advice
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Who represents buyers
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Why sellers think everyone wants their business
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Why sellers need to be tempered after tours
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Why sellers resent low offers
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More
Understanding Buyers
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Learn as much as you can about buyers
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Why buyers are looking to buy their true reasons
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3 Main buyer categories to understand a buyer's
makeup
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6 main buyer sub-categories to determine method of
presenting a listing
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Examples & More
Finding Buyers
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How to find your buyers and get them contacting you
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Who are the prime candidates to purchase your
businesses for sale
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Your buyer pool and keeping them updated
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The 10 Internet - Networking-Referral Sources
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Examples & More
The Buyer Process
This is our proprietary process where we will walk you
through the entire buyer process from interview to offer. We will take a
hypothetical buyer and walk the buyer through a specific business for
sale listing until we've sold the business to this buyer. This process
is designed for first time buyers and uses a very specific technique by
moving the buyer through the 6 steps to offer. We make it seem like the
real thing!
The Buyer Interview
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Meeting The Buyer
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Qualifying The Buyer
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The Buyer Package
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Determining Buyers Needs And Wants
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Determining Buyers Ability To Purchase
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Determining Buyers Credit Ability
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Rights And Wrongs In Dealing With Buyer
Asset Purchase Agreement
We completely review the Offer Agreement commonly
referred to as The Asset Purchase Agreement. This agreement serves as
the official offer and sales contract. The entire agreement is covered
in full with a complete review of every contingency in the agreement.
Overcoming Buyer Objections
We will review and overcome the 20+ main objections or
concerns that you will get from buyers. Each objection will be covered
in depth then overcome by the instructor.
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Understanding Sellers
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Who are the sellers?
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Understanding why they are looking to sell
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Feeling comfortable with them
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The 6 main reasons sellers sell
Understanding Seller's Industry and Business
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Researching Industries
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Understanding The 6 main industries
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The 25+ questions a buyer will have for you and your
seller
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Your ultimate questionnaire for the seller
Finding Sellers
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What business database to use
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6 Main Ways To Prospect we ll eliminate most of them
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The best direct marketing approach without cold
calling
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Getting your marketing through to the seller every
time
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Recycling industry after a business is sold
The Seller Process
This is our proprietary process where we will walk you
through the entire seller process from interview to closing. We will
walk through every step. This process is designed to understand the
seller responsibilities and the 8 steps to closing. We make it seem like
the real thing!
The Seller Presentation
Overcoming Seller Objections
We will review and overcome the 15+ main objections or
concerns that you will get from sellers. Each objection will be covered
in depth then overcome by the instructor.
The Seller Interview
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Meeting The Business Owner
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Gathering confidential information
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Utilizing All Of Your Services
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The Seller's Package
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Retainers & listing Feels
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Much More
Pricing A Business
Pricing A Business so it is financeable to lenders.
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What Expenses Are Discretionary And Which Are Vital
To The Business.
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Recasting The Financials
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Determining Seller's Cash Flow- SDC or SDCF
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What You Will Need To Get From Owner
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The Seller Checklists
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Determining An Asking Price
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Presenting Price to Seller
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Actual examples
Much More
The Listing Agreement
We completely review the Listing Agreement. This is the
agreement where the seller hires you to sell his or her business. The
entire agreement is covered in full with a complete review of every term
in the agreement.
The Other Services
We will show you our other revenue driving sources -
including how to make immediate income as well as the financing and
networking services.
Q&A and discussions from the days
subject matter
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