Business Broker Engagement Agreement Template for Australia

1. Exclusivity: Optional clause granting exclusive rights to the broker, used when exclusive representation is agreed upon

2. Marketing Budget and Expenses: Detailed section on marketing costs and approvals, used when specific marketing campaigns are planned

3. International Sales: Additional provisions for international buyers, used when targeting overseas markets

4. Success Fee Structures: Complex commission structures based on performance, used for high-value or specialized businesses

5. Broker Team Designation: Names specific team members responsible for the engagement, used in larger broking firms

6. Post-Sale Services: Details any post-sale support or transition services, used when extended services are offered

7. Non-Circumvention: Prevents direct dealings between client and introduced parties, used in higher-value transactions

8. Multiple Location Provisions: Addresses businesses with multiple locations, used for chain businesses or franchises

1. Schedule 1 - Business Details: Detailed description of the business, including assets, operations, and financial overview

2. Schedule 2 - Fee Structure: Detailed breakdown of all fees, commission rates, and payment terms

3. Schedule 3 - Approved Marketing Plan: Specific marketing strategies and activities to be undertaken

4. Schedule 4 - Required Documentation: List of documents and information the client must provide

5. Schedule 5 - Broker's Team: Details of key personnel involved in the engagement

6. Appendix A - Confidentiality Agreement: Standard form confidentiality agreement for potential buyers

7. Appendix B - Sales Process Timeline: Indicative timeline for the sales process

8. Appendix C - Due Diligence Checklist: Standard checklist for due diligence requirements