Questions Business Owners Ask Business Brokers

By Loren Schmerler, CPC, APC, President, Bottom Line Management, Inc. Longtime GABB member Loren Schmerler answers seven questions business owners often ask him. How much is my business worth? The correct answer is the price a Buyer offers you that you are willing to accept. It makes no difference whether you are making money or losing … [Read more...]

Top Ten Must-dos When Selling a Business

By Loren Schmerler of Bottom Line Management, Inc. Are you ready to sell your business? Thinking about starting new adventures? Certain changes you may make now can help you increase your business value. Below are top 10 tips on how to prepare your business for sale from expert, Bottom Line Management, Inc. founder, Loren Marc Schmerler, a … [Read more...]

IRS Regulations for S Corp vs LLC: a CPA Explains

By Greg DeFoor One of the questions I get asked by aspiring or new business owners as a CPA and Business Broker is about S Corporations vs LLCs. Before deciding whether to form an S Corp or an LLC, there are a number of issues to consider. Assuming there is only one owner or a few owners and that all owners are qualified to own their respective … [Read more...]

Business Valuation: Document Shredding Businesses

By Tim Greene, Business Broker and Consultant, DeFoor Business Services Recently I exchanged emails with the owner of a document shredding business. He asked me to explain the logic behind current business valuations for document shredding businesses. I show his questions and my answers below. Why are business valuations stated as a multiple of … [Read more...]

Pratt’s Stats Private Deal Update 3rd Quarter 2016

The information provided below is excerpted from the Pratt’s Stats Private Deal Update: 3rd Quarter 2016, which is copyrighted by and available exclusively from Business Valuation Resources, LLC. Brokers who contribute transaction details to Pratt’s Stats on closed business sales receive the complete Private Deal Update plus three months of free … [Read more...]

Managing Financial Risk: The Importance of Environmental Due Diligence

By Michael Wade and Keith Kaylor BAT Associates, Inc. Is there an environmental liability lurking in the commercial property your client is preparing to buy? And how can you find out? Many commercial properties do have potential environmental issues, and purchasers and lenders may unknowingly be taking on substantial risks from loss of … [Read more...]

Don’t Want to Get Sued? Come to GABB on Tuesday, Feb. 23

Lawrence Domenico is the kind of lawyer you hire when you litigate, or sue someone. And he's represented a lot of Georgia business brokers in disputes over the years. On Tuesday, Feb. 23, Larry will offer advice worth hundreds, if not thousands, of dollars to members of the Georgia Association of Business Brokers and their guests. Namely, how … [Read more...]

Pratt’s Stats Private Deal Update 4Q 2015

The information provided below is excerpted from the Pratt’s Stats Private Deal Update: 4th Quarter 2015, which is copyrighted by and available exclusively from Business Valuation Resources, LLC. Brokers who contribute transaction details to Pratt’s Stats on closed business sales receive the complete Private Deal Update plus three months of free … [Read more...]

Pratt’s Stats Help for Brokers

Pratt’s Stats, published by Business Valuation Resources, LLC, is a great resource for GABB members. While GABB no longer get complimentary access to this valuable service, members who submit qualifying sales can get free access from the company. GABB also requires Million Dollar Club members to submit their deals to Pratt’s Stats as a … [Read more...]

Pratt’s Stats Private Deal Update 3Q2015

Pratt's Stats Contribution to GABB Newsletter … [Read more...]