Learn How to Prepare Your Business to Sell-Feb. 26 GABB Meeting

Just before retirement is not the best time to prepare your business to sell for an attractive price. Savvy business owners spend years thoughtfully preparing to transition out of business ownership. UGA Small Business Development Center consultant Daniel McCoy discussed ways that small businesses can prepare for the day when they want to sell … [Read more...]

Business Valuation Theory and Practice – Part One: Valuation Approaches

By Dan Browning, founder and President of DB Consulting, Inc. This article is for educational purposes only. Nothing contained herein can be used against me in a litigation or other adversarial setting. Examples have been changed to protect the innocent (and not so innocent). How do appraisers determine the value of a business? There are … [Read more...]

Obtaining a Fair Market Value for Your Business

Fair market value can be used as a way for business owners to “bridge the gap between the valuation they feel they deserve and that which they’re likely to receive.”  In an October 2018   Divestopedia  article, Dave Kauppi says this increases the chances of a deal actually taking place.  Let’s turn our attention to some of the key points in … [Read more...]

Determining Your Company’s Undocumented Value

Business appraisals are not one-dimensional. In fact, a good business appraisal is one that factors in a wide range of variables in order to achieve an accurate result. Indisputable records ranging from comparables and projections to EBITDA multiples, discount rates and a good deal more are all factored in. While an appraiser may feel that he or … [Read more...]

Ten Things to Do To Prepare To Sell Your Business

If you want to sell your business, be sure to check the items on this list prepared by Loren Schmerler, CPC, APC the founder and president of Bottom Line Management. Loren is a founding member of the Georgia Association of Business Brokers as well as an experienced business broker. 1. Do you really WANT to sell?. Make sure you really “want” to … [Read more...]

Considering All of Your Business Real Estate Options

Most business owners don’t know what real estate options are available to them when it comes time to sell the company. Understanding the value of the real estate and the tax liabilities associated with it is important, according to a December 2018 article in Divestopedia describing options for business real estate when selling a company. … [Read more...]

Valuation Theory PowerPoint by Dan Browning

Dan Browning, a GABB Affiliate, has 20 years of experience as a business appraisal professional and holds the Master Analyst in Financial Forensics (MAFF) and Accredited in Business Appraisal Review (ABAR) designations from the National Association of Certified Valuators and Analysts (NACVA). He spoke to the Georgia Association of Business … [Read more...]

A Business Opportunity Is NOT a Going Business for Sale

By Peter Siegal, Founder & Senior Advisor at BizBen.com What's the difference between a business opportunity and a going business for sale? They are NOT the same thing. A business opportunity refers to all opportunities for those in the market to buy and own their own small business.  But it's not the same thing as a going business for … [Read more...]

All About Qualified Opportunity Funds – New Tax Tool Available To Defer and Possibly Eliminate Gains

By Andrew L. Moore, CPA Effective January 1, 2018 the Tax Cuts and Jobs Act established Federal Qualified Opportunity Zones (QOZs) with the goal of allowing large amounts of capital to flow into economically distressed area across the country. To promote capital investment in these Qualified Opportunity Zones, legislators included three … [Read more...]

Embracing Retirement and Selling: 4 Tips for a Smooth Transition

No one works forever. Regardless of how much you love your business, sooner or later you will have to step away. Owning a business can be very demanding, especially for owner-operators of businesses. And unless you're a zombie, you won't live forever. So, you'll have to embrace retirement at some point, and you may not know how to prepare to sell a … [Read more...]