A common mistake that many make when preparing to buy or sell a business is to overlook all the various legal issues involved. A legal mistake can bring the entire process to a screeching halt or even worse case cost you a small fortune....
Letting go of a business isn't a process that one should jump into lightly, and that fact holds true even when it comes to your loved ones. Let's take a look at five of the most important factors to consider when selling or transferring...
Selling a business is a process that depends upon professionalism and confidentiality. Selecting a business broker who understands the critical role that confidentiality plays is simply a must. Unfortunately, countless sellers have in fact dealt with a situation where a breach in confidentiality...
Negotiations can be tricky affairs. One wrong move can undo a tremendous amount of work. In negotiations, it is best to take a moment and think about where the other party is coming from. What are their needs and how best can you...
The majority of business sales include some form of seller financing. Typically, seller financing is when the seller provides a loan to cover part of the purchase price. The rest of the purchase price is covered by the down payment or often other...
Buyers and sellers alike love recurring revenue. But what is it exactly that makes it so attractive? Recurring revenue is generally viewed as a very good factor as it indicates positive cash flow, the potential for growth, business success and business stability. ...
If you've heard the term EBITDA thrown around and not truly understood what it means, now is the time to take a closer look, as it can be used to determine the value of your business. That stated, there are some issues that one...
The International Business Brokers Association (IBBA) announces it has awarded Kyle Griffith of Strategic Merger & Acquisition Advisors its' prestigious designation of Certified Business Intermediary (CBI). The Certified Business Intermediary designation has been granted to members of the International Business Brokers Association who have met the...
It has been announced today that Tony Calvacca, CBI and Anthony J. Citrolo, CPA, CM&AA, CBI principals of NYBB Commercial Real Estate completed the sale of an 85,000 sq. ft. industrial building located at 68 Marcus Blvd., Deer Park, NY 11729. NYBB Commercial Real Estate acted as...
It has long been a well-known fact that business brokers can help improve closing rates. In this article, we will take a closer look at the five top reasons why having a business broker on your side can make all the difference in the world. ...
