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1. Parties: Identification of the business broker and the business owner/seller
2. Background: Context of the agreement and brief description of the business being sold
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope of Services: Terms of broker appointment and detailed description of services to be provided
5. Broker's Rights and Obligations: Specific duties, responsibilities, and authorized activities of the broker
6. Client's Rights and Obligations: Business owner's responsibilities, including information provision and cooperation
7. Compensation and Payment Terms: Commission structure, payment timing, and other fee arrangements
8. Confidentiality: Obligations regarding confidential information and trade secrets
9. Term and Termination: Duration of agreement and circumstances for termination
10. Post-Termination Obligations: Continuing obligations after agreement ends, including tail period provisions
11. Representations and Warranties: Statements of fact and promises by both parties
12. Indemnification: Mutual protection against losses and claims
13. General Provisions: Standard legal clauses including governing law, notices, and amendment procedures
1. Exclusivity Provisions: Used when broker has exclusive rights to sell the business
2. Marketing Authorization: Specific permissions and restrictions for marketing the business
3. Due Diligence Support: Include when broker will assist with due diligence process
4. Success Fee Structure: For complex commission structures or additional performance-based fees
5. Non-Circumvention: Added when there's significant risk of direct deals with introduced parties
6. International Sales Provisions: Required for businesses marketing to international buyers
7. Real Estate Provisions: When business sale includes real property
8. Intellectual Property Handling: For businesses with significant IP assets
1. Schedule A - Description of Business: Detailed description of the business being offered for sale
2. Schedule B - Commission Structure: Detailed breakdown of commission calculations and payment terms
3. Schedule C - Authorized Marketing Materials: List of approved marketing materials and methods
4. Schedule D - Excluded Parties: List of potential buyers excluded from the agreement
5. Schedule E - Required Disclosures: State-specific required disclosures and forms
6. Appendix 1 - Broker Qualifications: Broker's licenses, certifications, and qualifications
7. Appendix 2 - Service Level Details: Detailed scope of services and performance standards
8. Appendix 3 - Confidentiality Terms: Detailed confidentiality and non-disclosure provisions
Professional Services
Retail
Manufacturing
Technology
Healthcare
Hospitality
Real Estate
Construction
Transportation
Financial Services
Education
Entertainment
Agriculture
Energy
Legal
Finance
Business Development
Mergers & Acquisitions
Corporate Development
Executive Leadership
Sales
Compliance
Risk Management
Business Broker
Business Development Manager
M&A Director
Chief Executive Officer
Business Owner
Corporate Lawyer
Chief Financial Officer
Investment Banker
Commercial Director
General Counsel
Business Development Director
Sales Director
Transaction Advisory Manager
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