Despite a damaged macroeconomic climate following the recession, an increasing penchant for small business owners to sell their companies has improved the performance of the Business Brokers industry. Over the coming years, improvements in a range of macroeconomic variables, including the number of domestic businesses, are expected to cause the industry's transactions to consistently grow. Moreover, the aging of the domestic population is anticipated to increase the willingness of business owners reaching retirement age to sell their businesses, to the benefit of industry commissions.
Companies in this industry act as an intermediary between buyers and sellers of small businesses. As part of the process, business brokers estimate the value of a business, advertise the sale without disclosing the business’ name, handle negotiations and facilitate others aspects of the sale (including due diligence).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.