by Luis de la Prida, Managing Partner, The NYBB Group “Never take your eyes off the cash flow because it's the life blood of business.” This quote, uttered by businessman Richard Branson, is one that you have internalized to some extent if you run a...
We hope that you, your family, and staff are doing well and staying healthy. As fellow business owners, the partners of the NYBB Group understand the challenges that you are facing. We know that you are concerned about having enough cash flow, liquidity, and access to...
Owning a business and owning the right kind of business for you are, of course, two wildly different things. Owning the wrong kind of business can make you absolutely miserable. So if you are considering buying a business, it is prudent that you invest the...
We are open for business and ready to help. Our whole firm is ready to assist business owners like you (and your advisors) with your professional needs as developments continue with the Coronavirus. Your health and safety are our primary concern. We are taking steps to protect you,...
It takes preparation and focus to sell most businesses. The reality of the situation is that it can take years to achieve this goal. Partnering with a business broker or M&A Advisor is a smart step towards selling any business, as these pros know the...
Dale brings over 17 years of business and sales experience to his position. MELVILLE, N.Y. – March 2nd , 2020 – The NYBB Group is proud to announce that Dale Davids has joined the firm as a Business Intermediary. Dale will advise business owners on matters...
Thinking about whether or not you are ready to exit is an important question. It’s something that every business owner will have to address at some point. Importantly, you don’t want to wait until the 11th hour to prepare to sell your business. There are...
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...
Determining when it’s finally the right time to sell can be a tricky proposition. If you are thinking about selling your business, one of the best steps you can take is to contact a business broker. A good business broker will have years, or even...
When the complicating variable of family is added to the equation of selling a business, the situation can get rather messy. Family usually complicates everything and businesses are, of course, no exception. Ken McCracken’s recent article “Family business: to sell or not to sell?” 6...
