The Australian Institute of Business Brokers (AIBB) is the peak industry body formed in 1989 to represent and provide support services to Professional Business Brokers involved in the facilitation of Business ownership from one party to another.
On a consultative basis, the Institutes Executive bodies and Legal counsel advise and make representations to both State and Federal Governments on matters affecting its Members, the Industry Practices and Consumer Affairs to ensure Best Practice outcomes for all parties.
Business Brokerage is regarded as the most demanding of all disciplines in the transfer of Assets from one party to another. It arguably requires the greatest skill set and in this regard the AIBB is the premier provider of Training and Educational programs to its Members to keep them abreast of Industry Trends, Legislation and Best Practice procedures to ensure positive outcomes.
To assist its members, the Institute has invested in the “tools” so that professional Business Brokers can achieve the objectives of their Clients with BizStats, the largest database of actual completed business sales in Australia, (for use by members in accurately assessing business values) and BizSales, the Institutes own Business for Sale Database.
The AIBB has developed and runs its own Industry specific training programs for Business Brokers, which are taught by Industry Leaders and Allied Professionals who are the experts in their respective fields. By the high accreditation standards set, the AIBB has been able to 'raise the bar' in the level of competency within its membership base.
The AIBB is determined to ensure that the education procedures and best practice standards are maintained to preserve the 'public trust' in members of our profession, and has its own regulations and mandatory Code of Conduct and Ethics for members with disciplinary procedures to ensure these high standards are maintained.
The AIBB consistently strives to keep abreast of International trends in the business transfer industry and is a Chapter Member of the International Business Brokers Association.