Two of the region’s well-known local businessman joined forces in 2016 to create and launch Merchant Business Brokers, a Newcastle-based business brokerage.
In less than a year they have developed a successful business model that is transforming the way people buy and sell businesses.
This success has resulted in them being recognised as a finalist in two categories in the Lake Macquarie Business Excellence Awards.
One of their key points of difference is their effective use of a highly advanced and innovative technology platform used by major institutions in other sectors, to provide a superior level of connectivity that ultimately delivers better outcomes for both buyers and sellers.
Co-founder Ian Jones said this was clearly a key part of their success and is, in part, why they had been announced as a finalist in the Excellence in Digital Technology category.
“We use great technology that focuses on the needs of our clients,” Ian said.
“We use digital business cards supplied through My Data Card, as well as an industry first software which provides a better transactional experience for buyers and sellers.
“It provides confidentiality for the seller and great easy access to information for the buyer.”
Merchant Business Brokers is a member of the Australian Institute of Business Brokers (AIBB), the national governing body for their industry with networks extending across Australia.