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In this video, Jonathan Jay delves into the subject of business brokers and whether they are a blessing or a curse. He shares his experience of business brokers, stating that they tend to inflate valuations because they want the upfront marketing fee associated with winning the client.

This, in turn, makes it difficult to buy an existing business because the owner has an inflated opinion of its value.

Jonathan Jay further explains how this happens and gives examples to illustrate his point that business brokers can get in the way of smaller deals by inflating the price expectations of the seller. However, he acknowledges that larger business sales may require the services of a business broker.

If you're interested in learning about acquisition in business, acquisition strategy, buying a small business, business mergers and acquisitions, or how to purchase a business, then this video is for you.

Watch it to gain insights into the business acquisition process and understand the role business brokers play.