Archives for June 2019

GABB To Unveil New Website at July 30 Meeting

Join the Georgia Association of Business Brokers at our July 30 meeting to view the group's new website. Some of the highlights of the new design will be: Private chat area for member brokers to ask questions and confidentially share information. A new and improved broker search tool that will enable visitors to search for member brokers … [Read more...]

How Employees Factor into the Success of Your Business

Quality employees are essential for the long-term success and growth of any business. Many entrepreneurs learn this simple fact far too late. Regardless of what kind of business you own, a handful of key employees can either make or break you.  Sadly, businesses have been destroyed by employees that don’t care, or even worse, are actually working … [Read more...]

Business Buying Scams to Avoid

By Linda Collett, J.D., GABB Affiliate If a potential client comes to you with something that sounds fishy or too good to be true, trust your gut. Here are some red flags: 1. They want  you to hold money in your escrow account (usually a large dollar amount so the deal is attractive).  The risk is that the deal or client requires … [Read more...]

6 Big Questions to Ask Yourself Before Selling a Business

The first step towards successfully selling a business is finding a qualified business broker to work with.  Sellers should also ask themselves important questions about their motivations for selling.  Freelance writer Troy Lambert outlines some crucial questions in an article published recently by Unbound Northwest and the Good Men Project. 1. … [Read more...]

Georgia: Top State For Business

Georgia has been ranked the top state in the nation for business for the past five years by at least two business ranking companies, according to Emily Poole, metro Atlanta project manager for the Georgia Department of Economic Development. Poole spoke to the Georgia Association of Business Brokers on June 25 at their weekly meeting. Site … [Read more...]

The Historic Levels of Small Businesses Being Sold Drops Slightly

The number of small business transitions continues to be strong for the first quarter of 2019, according to a leading market analysis.  In fact, despite a small decline, small business transitions remain at historically high levels. Looking at the Statistics According to a recent BizBuySell article entitled, “Number of Small Businesses … [Read more...]

The Do’s and Don’ts of Selling Your Business

Selling your business can takes as much planning and careful consideration as starting it does. The Atlanta Small Business Network recently interviewed former GABB president Michael Ramatowski, Managing Partner at RamBizGroup Business Solutions, in the ASBN studios. Considering the most common reason for selling a business is due to retirement, … [Read more...]

Business Valuation: Hidden in Plain Sight – Determining Seller’s Discretionary Earnings 

Business Valuation Theory and Practice - Part Two: Hidden in Plain Sight - Determining Seller’s Discretionary Earnings  By Dan Browning, founder and President of DB Consulting, Inc., and a GABB Affiliate member Disclaimer: This article and the accompanying slide deck are for educational purposes only. Nothing contained herein can be used … [Read more...]

IBBA and M&A Source Market Pulse Survey Report Predicts Major Changes

The IBBA and M&A Source Market Pulse Survey Report for the fourth quarter of 2018 has a range of interesting insights.  The survey’s purpose is to provide an “accurate understanding of market conditions for businesses being sold in Main Street (values $0-$2MM) and the Lower Middle Market (values $2MM-$50MM).  This national survey was designed as a … [Read more...]