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...]

GSU Expert Predicts March Rate Increase

ATLANTA-Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business questions the Federal Open Market Committee’s (FOMC) December dot chart in which the Federal Reserve calls for three rate hikes in 2017. “Expect one rate increase this March before the trade ruckus breaks loose,” Dhawan … [Read more...]

Million-Dollar Brokers Discuss Best Practices in Jan. 31 Panel

An elite panel of business brokers who have topped the Georgia Association of Business Brokers' Million Dollar Club discussed best practices for the industry in a Jan. 31 panel discussion. The Jan. 31 panel highlighted the monthly meeting of the GABB, the state's only professional organization dedicated to helping others buy and sell businesses … [Read more...]

Ramatowski Will Lead GABB in 2017

ATLANTA— Michael Ramatowski, president of Georgia Business Associates, Inc., has been elected the 2017 president of GABB,  the state’s only professional association of business brokers. Other officers  include Jay Fenello of BizPlacements.com as vice president, Thomas Crumpton of Commercial Experts, Inc., as treasurer and Yasmine Jandali, … [Read more...]

GABB Million Dollar Club Application for 2016 Opens

The GABB is now accepting applications for the 2016 Million Dollar Club, recognizing members who have sold businesses worth at least $1 million in the previous year.  The deadline for submitting applications is Nov. 7, 2016. Awardees will be honored at the annual GABB Holiday Gala on Dec. 6 at Maggiano’s Perimeter Center. GABB members are … [Read more...]

Oct. 25 GABB Meeting for Broker and Affiliate Members Only

The Georgia Association of Business Brokers will hold a members only meeting on Oct. 25, in contrast to meetings that are normally open to the public. That means that only current broker or affiliate members will be eligible to attend the Oct. 25 meeting. At this meeting, members of the GABB board will be making a presentation about a … [Read more...]

Fed Will Raise Interest Rates, GSU Expert Predicts

ATLANTA-The Federal Reserve is expected to raise interest rates at its December meeting and the surprise of President-elect Donald Trump will not change that, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. “Given the language in the Federal Open Market Committee … [Read more...]

GABB Broker Lara Van Pletzen Is New U.S. Citizen

One of the the United States' newest citizens is GABB broker Lara Van Pletzen. Van Pletzen, who was born in Bulawayo, Zimbabwe, became a U.S. citizen in a ceremony on Friday, Aug. 26. She is the ROI Business Development Manager for the Southeast of ROI Business Brokers. GABB asked Lara about her road to becoming a U.S. citizen. She says she left … [Read more...]