The thriving business landscape of Texas demands professional and experienced business brokers. These intermediaries help business owners and potential buyers negotiate and close successful transactions, ensuring the smooth transfer of ownership. In addition, they help with the legal aspect of the transaction and ensure that all aspects of the business are in good condition before finalizing a deal. They are also an invaluable source of market intelligence and expertise. The following are some of the top business brokers in Texas:
HedgeStone Business Advisors
As the number of business opportunities in the state continues to grow, so do the demand for skilled business brokers. HedgeStone Texas business broker Advisors specializes in the sale of small and medium-sized businesses, providing professional representation for clients throughout the process. Their expert team will handle every detail, from valuation to the closing of the deal, while offering strategic guidance along the way. They can even connect buyers with local investors and funding sources.
ValleyBiggs
Located in Houston, Valley Biggs is an industry leader in mergers and acquisitions. They have a staff of seasoned professionals and are affiliated with the Texas Association of Business Brokers (TABB). TABB is dedicated to improving the image of the business brokerage profession, raising its professionalism and providing educational programs. In 1983, TABB held its first State Conference that offered two days of educational courses for brokers and other professionals involved in services related to the sale of businesses.
National franchises with offices in North Texas include Transworld Business Advisors, Murphy Business Sales and VR Business Brokers. Their national reach gives them access to a database of qualified buyers that may not be available to individual local brokers. Additionally, they can provide a wide range of other services, including business consulting, financial forecasting and business appraisals.
Local independent brokerages with offices in North Texas include Synergy Business Brokers and Lion Business Brokers. Both have a strong reputation in the state, thanks to their track record of success. Their experts can assist with the purchase or sale of a variety of businesses in industries such as health and wellness, retail and technology.
Getting started as a business broker in Texas requires obtaining a real estate license from the Texas Real Estate Commission. Once the license is in place, the next step is completing a series of business-related education courses. Once a broker has completed all requirements, they can apply for membership with TABB. The TABB is the oldest trade association of business brokers in the United States and its members represent both businesses that are for sale and those seeking to buy a business. Its broker members also work with other professionals who are often involved in the sale of a business, such as attorneys, accountants, bankers, appraisers and tax professionals. The TABB also has affiliate members who provide ancillary services that are often required in a business sale, such as consulting, estate planning and financing referrals. Licensed members also are required to complete continuing education courses and attend TABB conferences on an annual basis.