Hurricane Rebuild to Boost Fourth Quarter Economy

ATLANTA - Despite doom and gloom estimates due to an unusually active hurricane season, third quarter gross domestic product (GDP) growth came in at 3.0 percent, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. “The loss of vehicles and damage to homes and equipment … [Read more...]

Atlanta Aims for Amazon HQ2

ATLANTA - Amid a dip in major corporate announcements in the Atlanta area, attention has turned to Amazon’s much anticipated second headquarters, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. “Media have homed in on metro Atlanta and offered up various sites that … [Read more...]

Top Four Statistics You Need to Know About Ownership Transition

If you own a business, then ownership transition should definitely be a central topic in your planning. A few years ago, MassMutual Life Insurance Company conducted a very interesting and thought-provoking survey of family-owned businesses. Obviously, family-owned businesses have their own unique needs and challenges. The MassMutual Life Insurance … [Read more...]

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...]

Hospitality Business Expert Spoke Aug. 29 to GABB

Leonard Jackson, a professor in the Cecil B. Day School of Hospitality Administration  and the Enterprise & Innovation Institute at Georgia State University's J. Mack Robinson College of Business, spoke to the Georgia Association of Business Brokers on Aug. 29. Hear a recording of Dr. Jackson's presentation here. The lodging franchise … [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...]

Expert Discussed Business Immigration Options at June 27 GABB Meeting

Immigration attorney Elena Kochutin discussed immigrant and non-immigrant options for business owners at the June 27, 2017, meeting of the Georgia Association of Business Brokers. Hear her speech here. The GABB is the state’s only association of professionals who work to facilitate the purchase and sale of businesses and franchises. The group … [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...]

Small Business Consultant Spoke Feb. 28 to GABB

GSU Small Business Center Consultant Spoke to GABB on Feb. 28 Richard “Tres” Crow, III, a business consultant with the Georgia State University Small Business Development Center, spoke on Feb. 28 to the Georgia Association of Business Brokers. The GABB is the state's only association of professionals who help in the purchase and sale of … [Read more...]