Archives for November 2013

GABB 2013 Year in Review

Hello GABB Members! I wanted to send you an e-mail to follow up on the year’s activities and the results of our “annual meeting” on Tuesday, Nov. 26.  The new www.gabb.org website that was rolled out at the beginning of 2013 appears to be well received by both the public and the membership.  We are constantly making some changes to the site … [Read more...]

GABB October 2013 Meeting Minutes

GABB General Membership Meeting Minutes           Tuesday, October 29, 2013 - 10:30 a.m.                        South Terraces Conference Center 44 Members and Affiliates in AttendanceCall to Order- Matt Slappey, President Introduction of Members & Guests Minutes of August General Meeting, Kent Reed, Secretary Sponsors … [Read more...]

GABB Today: Nov. Meeting, New Board members, Holiday Gala

Send Proxy for Nov. 26 Meeting: We look forward to seeing everyone next Tuesday at the November 26, 2013 meeting, when business and tax attorney Germaine Curtin, Chris Fonzi of Logic Environmental and Cheryl Beer of Cornerstone Bank will discuss legal, environmental and lending issues related to buying or selling a business. We are especially … [Read more...]

Growth in Jobs, GDP Not Yet Accompanied by Rise in Purchasing Power

ATLANTA – On the surface, the news is good. October non-farm numbers from the Bureau of Labor Statistics show 204,000 total job gains, and job revisions were revised upward by 60,000 for the two prior months. The third-quarter GDP report showed 2.8% growth, a marked contrast to the paltry 0.1% growth in the fourth quarter of 2012. Is it time to … [Read more...]

GABB Restaurant Brokers Eric and Robin Gagnon to Speak at National IBBA Convention

Restaurant brokers Eric and Robin Gagnon of We Sell Restaurants will headline a workshop on franchising at the International Business Brokers Association (IBBA) Convention in Savannah.      The 2013 IBBA national conference theme is “Ready, Set, Grow!” and features a lineup of experts across the country presenting educational workshops for … [Read more...]

GABB Proxy Request/Make Reservations for Dec. 5 Gala

Dear GABB member, Send Proxy for Nov. 26 Meeting: We look forward to seeing everyone at the November 26, 2013 meeting, when business and tax attorney Germaine Curtin, Chris Fonzi of Logic Environmental and Cheryl Beer of Cornerstone Bank will discuss legal, environmental and lending issues related to buying or selling a business. Every … [Read more...]

Former GABB Member Joe Sofet passed away

GABB Members, It is with sadness that make our members aware of the passing of a long time Atlanta business broker and former GABB member Joe Sofet.  Joe owned and ran the business brokerage firm Prime Business Investments for almost 30 years.  Joe died of unexpected but natural causes.  He is survived by his daughter, Rita “Lynn” Rappaport of … [Read more...]

Surprises CEOs Face When Selling Their Companies

Surprise #1: Substantial Time Commitment In the real estate business, once the owner engages the broker there is very little for the owner to do until the broker presents the various offers from the potential buyers.  In the M&A business, there is a substantial time commitment required of the CEO/Owner in order to complete the sale properly, … [Read more...]

Feel like a Million Dollars? Apply for the GABB Million Dollar Club

The Georgia Association of Business Brokers  get your paperwork together and start signing up for the GABB’s Million Dollar Club. GABB members who have eligible sales at least $1 million during the 12-month period ending Oct. 31, 2013, are eligible to apply. The deadline to apply is 5 p.m. Nov. 15, 2013. Recipients will be honored at the GABB … [Read more...]

GABB members offered discount to IBBA Conference in Savannah

Dear Georgia Association of Business Brokers Member, The IBBA's Fall 2013 Conference is coming up November 18-23 in Savannah, GA and the IBBA has a special offer for you: Register for the Fall 2013 Conference using the GABBF13 code and receive the Member registration rate - a minimum of $100 in savings BONUS OFFER: Affiliate members who … [Read more...]