How to Claim Tax Write-Offs For Inventory in Year Purchased

New Tax Loophole May Allow Many Small Businesses to Claim Large Tax Write-Offs For Inventory In The Year Purchased!  Can it be true?  How do Companies Sign Up? By Andrew L. Moore, CPA Senior Tax Manager at Frazier & Deeter (Atlanta, GA) Congress, either intentionally or unintentionally, as part of the Tax Cuts and Jobs Act provided … [Read more...]

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. Join the Georgia Association of Business Brokers on Feb. 26 when UGA Small Business Development Center consultant Daniel McCoy will discuss ways … [Read more...]

Burnette to Lead Georgia’s Business Brokers in 2019

ATLANTA— Dean Burnette, founder of Best Business Brokers, will lead the Georgia Association of Business Brokers, the state’s only professional association of professionals who help in the sale and purchase of businesses and franchises, in 2019. Other 2019 GABB officers are vice president, Judy Mims, Qualifying Broker for Childcare Properties, … [Read more...]

New SBA Loans on Hold During Government Shutdown

Business Buyers and Sellers and their Brokers may face an unusual stall on closing their deals due to the federal government shut down. GABB President Dean Burnette says, "I'm in the final stages of closing a deal right now. Fortunately, our SBA Lender got an authorization number the night before the shut down so we will receive our … [Read more...]

Why You Should Hire a Business Broker to Sell your Business

By Peter Siegel When the owner of a convenience store, bakery, restaurant, janitorial service company or other small Georgia business is ready to retire, it usually is a good idea to hire a business broker to sell business assets. Thats because the sale will be part of a package that includes goodwill also called going business value, according … [Read more...]

GABB Holiday Party 2019 Slideshow

The Georgia Association of Business Brokers celebrated another successful year at a Dec. 7 Holiday Gala at the Capitol Grille in Dunwoody. Here are some pictures of those who attended. … [Read more...]

The Importance of Understanding Leases

Leases should never be overlooked when it comes to buying or selling a business.  After all, where your business is located and how long you can stay at that location plays a key role in the overall health of your business.  It is easy to get lost with “larger” issues when buying or selling a business.  But in terms of stability, few factors rank … [Read more...]

Thirteen Georgia Business Brokers Achieve GABB 2018 Million Dollar Club

Thirteen members of the Georgia Association of Business Brokers (GABB) were named to the 2018 Million Dollar Club for helping broker the sale of more than $71 million worth of small, medium and large businesses. GABB members represent owners of Georgia businesses in important and complicated transactions: the sale of their business. GABB members … [Read more...]

Georgia’s Business Climate Tops in the Nation

ATLANTA - Georgia's business climate has been ranked No. 1 in the nation for the sixth consecutive year by Site Selection, a leading economic development trade publication, according to Gov. Nathan Deal. According to Site Selection, Georgia is the first state to hold this ranking for six consecutive years under leadership by the same … [Read more...]

Networking Guru Spoke Nov. 27 to Georgia Business Brokers

Do you spend hours working on things that do not help you reach your business goals? Would you like to be in business 10 years from now? Then listen to what Networking Guru James Barber's told GABB on effective networking practices. Mr. Barber, author of the Networking Guru, Traits of Champion Networkers, spoke to the Georgia Association of … [Read more...]