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No. It is not mandatory that you hire a business broker when selling a business. However, imagine going through the entire process all by yourself, without any support and without any prior experience. Don’t you think that you are likely to make mistakes in the process that could possibly hurt your profit? Yes, when you do not have a business broker to help you, there are chances that you make mistakes with the paperwork and the entire process which will put you in a disadvantageous position when selling your business.

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