Do business brokers charge an upfront fee?
MidStreet says it charges no upfront fee and is paid when the client is paid. Fee structures for the other firms are not provided here, so confirm whether compensation is a commission, valuation fee, or another arrangement.
How long can a business valuation take?
MidStreet says its StreetSmart Valuation process typically takes less than two weeks after it receives the initial documents. A full appraisal or transaction valuation may follow a different timeline.
What credentials should I look for in a business valuation?
Cornerstone lists a Business Certified Appraiser credential and USPAP-compliant full appraisals. Murphy says it uses partnered professional appraisers working under USPAP standards.
Which broker is suited to a small business under $5 million in revenue?
MidStreet specifically says it is not a fit for businesses below $5 million in revenue. The supplied information does not state a minimum revenue threshold for Cornerstone or Murphy, so ask about their recent comparable transactions.