Why do firms need investment bankers?

Engaging an investment banker may not be the daily job of an entrepreneur. Also, this involvement may seem fairly alien or unclear to many companies. When a business owner:

1. Receives unsolicited yet attractive company buying offers, or
2. Plans to sell a company, or
3. Wants to raise capital, or
4. Plans business expansion or transition, or
5. Moves from owner-operator to non-owner management, or

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