Author: The NYBB Group
27 Mar Why Do Deals Collapse?
In many cases, the buyer and seller reach a tentative agreement on the sale of the business, only to have it fall apart. There are reasons this happens, and, once understood, many of the worst deal-smashers can be avoided.25 Mar Five Kinds of Buyers
[caption id="attachment_1516" align="aligncenter" width="300"]
Photo Credit: CarbonNYC via Compfight cc[/caption]
Buyers are generally categorized as belonging to one of the following groups although, in reality, most buyers fit into more than one.
14 Mar Why Deals Don’t Close
[caption id="attachment_589" align="aligncenter" width="300"]
Photo Credit: faungg via Compfight cc[/caption]
Sellers
- Don’t have a valid reason for selling.
- Are testing the waters to check the market and the price. (They are similar to the buyer who is “just shopping.”)
26 Feb Anthony Citrolo Elected President of AANG
Anthony Citrolo Elected President & Director of The Long Island Chapter Of The Accountant/Attorney Networking Group Inc. (AANG) NEW YORK (January 2013) – It has been announced today that, Anthony Citrolo, CPA, CMAA, CBI has been elected as the 2013 President and Director of the Long...
25 Jun Tony Calvacca NYABB President announces BizBuySell/NYABB Integration
Read the article on libn.com (Long Island Business News)...
02 Mar Business Valuation: Do the Financials Tell the Whole Story?
Many experts say no! These experts believe that only half of the business valuation should be based on the financials (the number-crunching), with the other half of the business valuation based on non-financial information (the subjective factors).
What subjective factors are they referring to?
02 Mar Do You Have an Exit Plan?
"Exit strategies may allow you to get out before the bottom falls out of your industry. Well-planned exits allow you to get a better price for your business."
11 Jan Rating Today’s Business Buyers
Once the decision to sell has been made, the business owner should be aware of the variety of possible business buyers. Just as small business itself has become more sophisticated, the people interested in buying them have also become more divergent and complex. The following are some of today's most active categories of business buyers: