Peckin’ Away – What makes a being a CBI Business Broker so great?
Peckin’ Away Change is scary, isn’t it? But it’s also inevitable. So, the best we can do is to manage change by being wise in our decisions. Here’s something for…
Business Brokers
Avery, Sights & King Aquire CBI Fort Smith/River Valley
Avery, Sights & King Acquire CBI Fort Smith/River Valley Max Avery, Dennis Sights and Ryan King have acquired the rights for the CBI Fort Smith/River Valley office according to Carl E.…
Business Brokers
University of Arkansas Small Business Technology & Development Center Hosts Panel Discussion On Buying & Selling Businesses Featuring CBI
https://youtu.be/5fItHyj-zPg University Of Arkansas Small Business, Technology & Development Center Streams Session On Buying & Selling Businesses Mary Beth Brooks , Director of the Arkansas Small Business and Technology Development Center ASBTDC at…
Poteau Valley Veterinary Hospital Sold By CBI Team
Dr. Phil Chitwood, founder of Poteau Valley Veterinary Hospital, recently marked the sale of his practice following nearly five decades of service. Poteau, Oklahoma -- Meet Dr. Phil Chitwood. He…
6 Tips to Add Value to Your Business
By: Aspen Grams, Marketing Strategist
The baby boomer generation continues to age. As a result, we’re seeing a steady increase in the number of business owners choosing to exit their business and enter retirement. If you’re planning to sell your business, knowing the value of your business is key. It ensures you receive top dollar for the company you’ve put your heart and soul into over the years. If you aren’t sure where you stand, keep reading to learn how to add value to your business!
Over-valuing the business results in a stagnant listing. Buyers pass by your listing in favor of an option with higher-perceived ROI. Under-valuing results in a sale that leaves you with less money than you deserve. Therefore, it’s important to have a valuation completed by a professional. Working with a business intermediary, such as the ones at CBI TEAM, ensures the valuation is accurate and timely. In addition to valuations, these intermediaries work on your behalf to secure qualified buyers.
If the valuation presented is less than desirable, you can enhance your growth track and reduce risks to your business before you list it. In this article, we identify three key value drivers for both growth and risk reduction. These will position your business as a sound investment to a qualified buyer.
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