The simple fact is that family businesses are different. After all, a family business means working with family and all the good and bad that comes with it. While an estimated 80% to 90% of all businesses are family owned, relatively few are properly...
A recent article posted by The National Law Review entitled “Thinking of Selling? Start Early, Build Your Team” explains the importance of putting together a good team of trusted advisors well in advance of selling your business. Your team should include an attorney, accountant, investment...
Join the Alliance of Merger & Acquisition Advisors Long Island Chapter for a Fireside Chat featuring Mark Burford, Co-Founder of Blue Point Brewing Company, on Wednesday, March 21, 2018. In 1998, Mark Burford, a Long Island native, co-founded Blue Point Brewing Company in Patchogue and began...
There is little doubt that valuing a business is often complex. In part, this complexity is due to the fact that business evaluation is subjective. The simple fact is that the value of a business is often left to the mercy of the...
Selling your business doesn't have to feel like online dating, but for many sellers this is exactly what it can feel like. Many sellers are left wondering, “What exactly do buyers want to see in order to buy my company?” Working with a business broker...
We are pleased to announce that Luis de la Prida and Kyle Griffith are now Managing Partners and Principals of New York Business Brokerage (NYBB). The addition of Luis and Kyle expands the services and capabilities of NYBB and further solidifies its position as one of...
Expansion extends the services and capabilities of NYBB and further solidifies our position as one of the most trusted Business Brokerage and M&A firms in the New York Tri-State area. New York Business Brokerage, a leading merger and acquisition firm based in Woodbury, N.Y., announced today...
When it comes to selling a family-owned business there are no shortage of complicating factors, but one in particular pops up quite often. This article contains a true story about a popular family business that was built up from the ground up only to...
A recent article from Divestopedia entitled “To Sell Your Business, Start with the End in Mind” explains the importance of planning your exit strategy in the early stages of your business. The article points out that emotion plays a big part in humans' decision...
A recent article posted on BizJournals.com entitled “Top 5 rules on preparing your company for sale” explains how the best time to begin preparing your business for sale is right now. The article highlights these main rules to follow: Start auditing your financial statements now as...
