How to Connect During a Crisis
Small business owners are facing new challenges during this crisis. Communicating with customers requires more focus and depth than ever before. Mat Zucker, a PR guru with 25 years in creative and leadership positions at Ogilvy, R/GA, Razorfish and Agency.com, discussed the importance of communication in a recent article for Forbes Magazine. Jay Mandel, who runs The Collective NYC, a...Read MoreCrisis Averted: 11 Steps to Help Your Business Survive and Thrive
Russ Hall, Action CoachExperienced business brokers know that there’s sometimes a gap between when a business owner wants to sell their business and actually having a business prepared to sell. The Georgia Association of Business Brokers held its March 31 meeting online with more than 60 participants. If you missed the meeting, you can view the recording here. Business coach Russ Hall,...Read More
Closing on Environmentally Impacted Real Estate
By Chris Fonzi, GABB Affiliate member and Principal of Logic Environmental, Inc. Ask me about the worst-case scenario. Everyone with a contaminated piece of real estate does. How much can it cost? How long can it take? If you’ve had a deal torpedoed by an environmental contamination issue, the worst-case scenario was the veiled threat, the elephant in the middle of the closing table. In fact,...Read More
Great Tips for Selling Your Business
It takes preparation and focus to sell most businesses. It can take years to sell a business. Partnering with a business broker or M&A Advisor is a smart step towards selling any business, as these pros know the very best tips. Let’s take a look at some great tips for selling your business. Preparing your business to sell means carefully evaluating the foundation. Any significant problem...Read More
Prepare an Exit Strategy Sooner than you Think
When preparing to leave a company as the business owner, most people tend to take on their exit in the fashion that’s most fitting for them. Some help to prepare their successor for the role before leaving, and some just decide to sell the company as a whole and settle for money. But how many can say they’ve created an exit strategy based on the reasoning for their exit? The Atlanta Small...Read More
It’s Time to Exit. Are you Ready?
Thinking about whether or not you are ready to sell your business is an important question. It’s something that every business owner will have to address at some point. Importantly, there are far too many pieces in this particular puzzle to wait until the last minute to prepare an exit plan. You’ll want to begin the process sooner by asking yourself some key...Read More
What You Need to Know About the Golden Age of Business Acquisitions
Business acquisitions are red hot, and all kinds of businesses are being snapped up. Some people are under the impression that only large businesses are being acquired, but this is far from the reality of the situation. It would surprise many to learn that so much of the “action” is, in fact, small businesses buying other small businesses. In his Forbes article,...Read More
Preparing Your Business to Sell: Ten Questions
Loren Marc Schmerler By Loren Marc Schmerler, President and Founder of Bottom Line Management, Inc., an Atlanta-based business brokerage, M & A and consulting firm. 1. Do You WANT to Sell? Make sure you really “want” to sell. Ask yourself if you are bored, burned out, ill, have a new child, have aging parents that need your assistance, etc. Or are you simply unhappy with how much money you...Read More
Compiling an Offering Memorandum: What Buyers Look For
Steve Mariani spoke to the GABB on Feb. 19, 2020. Photo by Roger Easley. Stephen “Steve” Mariani, owner of Diamond Financial Services and a board member of the International Business Brokers Association (IBBA), spoke to business brokers this week about compiling a listing or offering memorandum. In a lively talk, which you can hear online, Mariani talked about the top things that buyers look...Read More