Business Broker Training Programs

I'm interested in becoming a Business Broker. With so many training options out there, it's confusing to determine which is the best mode for me to use. Seriously looking into ABBA or Brokers Service Network - though there is a huge price difference between the 2. I would rather try to make it a go on my own, rather than in a brokerage office. However, any thougths or suggestions you might have, I would greatly appreciate it!

Thank you, Debra

And my response:

Debra,

I know of ABBA and Broker's Service Network, but I've yet to meet anyone that went that route. I don't know the costs either.

Another route is to buy a franchise from Murphy Business, Sunbelt or VR. A franchise operation comes with training. My partner Fred Hall does some of the training for Murphy and he said he was impressed with the entire training package they have.

Finally, you could get training at the twice a year IBBA (www.ibba.org) conference. I'm guessing the IBBA courses are better than some of these others, in that you get multiple courses each taught by experts in that field. I've taken a lot of the IBBA and M&A Source courses, and they are very good. What they don't do is lead you through starting and running your own practice like the other courses.

Regards, Ney