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...
An old saying in negotiating the sale of a business goes like this: The buyer says to the seller, “You name the price, and I get to name the terms.” Another saying used to explain the actual value of the term full price: “If we...
When you are buying or selling a business, you might very well end up making a deal with someone from another generation. Therefore, it only makes sense to take the time to understand that individual’s background and how that might cause behavioral differences. It is...
When you are selling a business, your business broker or M&A Advisor will likely create a Comprehensive Business Review, or CBR. This comprehensive document can then be presented to prospective buyers once they have signed all necessary confidentiality documentation. It is essential that this document...
There is a potentially lucrative group of buyers that many sellers don’t initially think about. We are talking about foreign buyers. While there are some hurdles to working with these types of buyers, it is important to note that there are many huge advantages as...
Companies Continue to Sell Market Pulse Executive Summary Q2 - 2020 (Melville, NY) August 5, 2020 - While many small business owners are struggling to keep their doors open, a recent survey of business brokers and M&A advisors reveals about half of small and medium business owners...
The buyer-seller meeting is quite often a “make or break” meeting. Your business broker or M&A Advisor will do everything possible to ensure that this meeting goes as well as possible. It is vitally important to realize that rarely is there an offer before buyers and...
Recorded: Thursday, July 23rd 9:00am The Managing Partners of The NYBB Group were invited to present to the Melville Chamber of Commerce Members at their *Business Resource Roundtable. How to Grow a business that will sell for Maximum Value with Anthony Citrolo, Luis de la Prida and Kyle...
Originally Aired: July 22, 2020 Join M&A Advisors of The NYBB Group as they discuss what you SHOULD and SHOULD NOT be doing when planning to sell your business. Learn what MISTAKES TO AVOID to prepare for a successful transition. with: Anthony Citrolo, CPA and Mananging Partner...
In today’s business climate, reviews are the differentiator. Years ago, people commonly asked for references when they were vetting a product or service. But these days when people are searching for a local business to work with, they are likely to conduct research on their...
