BizBuySell, a LoopNet (NASDAQ:LOOP) company and the largest online marketplace for buying or selling a small business, has unveiled enhancements to its BrokerWorks service, a tool that facilitates the listing and selling of businesses on the site.

New features allow business brokers to better manage their online listings, track leads and enhance their presence on BizBuySell Broker Directory. BrokerWorks Premium provides brokers with one showcase ad per month, a $99 value and source of five times more leads than standard ads, as well as advanced placement in the directory and an enhanced Web site.

"With BrokerWorks Premium, business brokers can list online with greater success than ever," BizBuySell general manager, Mike Handelsman, said in a statement. "More than 90 percent of business brokers have used BizBuySell for their transactions, with access to BrokerWorks benefits including unparalleled exposure and access to comparables reports."