The NYBB Group Announces Successful Sale of Two Companies and Acquisition Agreement; Expanding HVAC Presence in New York Metro Area MELVILLE, NEW YORK: The NYBB Group, Inc. has announced the sale and transition of two companies in the HVAC industry: Groner Service, Inc. and Metropolitan...
For every reason that a pending sale of a business collapses, there is a positive reason why the sale closed successfully. What does it take for the sale of a business to close successfully? Certainly there are reasons that a sale might not close that...
(Melville, NY), November 11, 2020 – The latest data from the Market Pulse survey of business brokers and M&A advisors suggests that pandemic-resistant businesses are in demand. Responding advisors report they completed 301 transactions in the third quarter, a 71% increase over Q2 2020 and...
There is a direct relationship between the asking price and the amount of cash on the table at the time of the sale. Buyers and sellers alike should keep one fact in mind. Most businesses involve some level of seller financing. It is customary for...
NEW YORK, NY: The NYBB Group has become a newly certified minority-owned business enterprise (MBE) after 17 years of serving the New York Metro Area in mergers and acquisitions, business sales, and exit strategies. The National Minority Supplier Development Council (NMSDC) certified the group that requires...
Only a small percentage of the population is able to go through life without using some form of financing at some point. Most people have little choice but to finance everything from their home and car purchases to their college education. Now, with that stated,...
Sellers are just like everyone else in that they can make mistakes. In this article, we’ll explore some of the most common mistakes that we see along with some of the repercussions. 1. Not Seeing the Buyer’s Point of View The first major mistake that sellers make...
Selling a business isn’t always 100% about the price. It is not like selling a house where typically the most important factor is who places the highest offer. In the end, if the seller is to achieve the most optimal results, there are other variables...
It is safe to state that Howard Brownstein, President of The Brownstein Corporation, is a true expert in providing turnaround management and advisory services to companies, as well as their stakeholders. Brownstein serves as an independent corporate board member for both publicly held as well...
Keeping a product or service around that isn’t pulling its weight might prove to not be a very good idea. You may have invested a good deal of time and resources into its development, but if that product or service is no longer contributing to...
