Brand Bank Chairman to Speak Jan. 30 to GABB

Michael Coles, chairman of Brand Bank and namesake of the Kennesaw State University College of Business, will speak on Jan. 30 to the state's business brokers about principles for success in business. His Jan. 30 speech to the Georgia Association of Business Brokers, the state's professional group for buying and selling businesses, will start … [Read more...]

Chilean Blueberries To Ship Into Savannah

Georgia's breakfast table just got a lot sweeter, with cheaper, fresher blueberries. U.S. Department of Agriculture has cleared the Port of Savannah to serve as a new entry port for Chilean blueberries, according to a news release posted Jan. 16, 2018 by the Georgia Ports Authority. Previously, the imported berries could only enter the U.S. … [Read more...]

Why Two Million Dollars May Not Be Enough

Not everyone wants to sell when they feel as though they have to sell. Life changes, such as divorce or illness, can trigger the sale of a business. Owners may want to sell because of declining business revenue to partnership problems and more. But owners may find that selling isn't always an option, especially for small businesses. In this … [Read more...]

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...]