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greetings salutations this is neil
isaacs the raleigh business broker
coming to you with a new
content play i'm doing a new playlist
you may know me from such
playlists as
answered in under two to three minutes
or
content for business intermediaries so i
i want to do a new playlist and what
this one's going to be is answers to
questions that i get on a regular basis
so i'm i consider myself an intermediary
also known as a business broker raleigh
business broker is my website so i
identify as a business broker but i also
call myself an intermediary so the
answer to today's question which i get a
lot is what is an intermediary
well
here's your webster's moment the oxford
language dictionary defines an
entrepreneur an intermediary as a person
who acts as a link between people in
order to try
and bring about an agreement
or reconsist reconciliation a mediator
so
i'm an intermediary and what that means
is much like a business broker much like
an m a advisor i'm helping to bridge
in this case buyers and sellers now
there are intermediaries in different
fields you'll hear intermediary
described in the legal field but in
business brokerage in in the business
dealings
it can be a business broker it can be an
m a advisor it can even be an investment
banker but somebody in between the buyer
and seller right now
business brokerage sometimes has a
negative connotation some people love it
but you notice that real estate
brokers
changed the way they call themselves to
real estate agents or real estate
consultants there's a similar trend in
the business world to stop using the
term
broker some brokers just have a bad
reputation let's face it especially
business brokers sometimes you hear have
you hired a business broker
and sellers are like ugh
those guys are the worst right so
i'm trying to raise the bar for business
brokers right but also trying to wear
this professional hat
i am wearing this professional hat of
an intermediary
it also
it also kind of spans the the range from
smaller deals traditionally business
brokerage goes for deals under a couple
of million dollars and
and m a they they start looking at two
five million dollar deals up to
have
50 million 100 million and then you get
into mergers and acquisitions um
lower middle market these are all terms
just for different market sizes but
intermediaries interact in all different
market sizes
that's the answer what is an
intermediary it's a deal maker it's
somebody in between two parties for
primarily a buyer and a seller
i hope that answered your question
i'm gonna do more
question and answers like this in this
new ask an intermediary series
please send me your questions i need
your input to do this series so my name
is neil isaacs
uh i am the raleigh business broker and
i speak on all topics related to doing
deals
and my i practice here in the raleigh
durham triangle market of north carolina
but i i help owners anywhere that have
questions so put your questions in the
comments like share subscribe do all
that stuff and if you have a
confidential question because a lot of
business deals is confidential
direct message me or just shoot me an
email you can find my email on my
website that's all for today thanks for
watching this is neil isaacs until next
time signing off
