4 Reasons Why It’s better to Own a Big Chunk of a Small Company
Is it better to own a big chunk of a small business or a minority stake in a big company? It’s one of the fundamental questions all owners must wrestle…
Business Brokers
Peckin ‘ Away (August)
By: Carl Grimes CBI Founder/Chairman Seems like I spend hours every day on the phone. Sometimes the calls are mundane but every once in a while a ‘brain burp” comes and that…
Business Brokers
Build Value by Selling Less Stuff
By Dave Godwin You've likely heard the adage that it is far easier to cross-sell an existing customer a new product than it is to find a new customer. And…
Business Brokers
Sold – Adams Truss
Pictured left to right, Sellers Pat and Dale Adams and Diana Hartfield, CBI Senior Intermediary Carol Gresham and Buyers Mike and Lauren Fields The sale of Adams Truss has successfully…
Business Brokers
How To Keep Your Business In Fighting Shape
As the crazy world that is 2020, draws to an end we are all asking ourselves, what could possibly be next? It’s true. There are a lot of unknowns. And…
Need Financing Support? Contact CBI To Learn About Loans For Business Program
CBI's proprietary Loans4Business (www.loans4biz.biz) program continues to make the dream of business ownership a reality. Whether you are interested in exploring acquiring a business or accessing working capital for your…
Business Brokers
3 Tips for Selling Your Business
By: Aspen Grams, Marketing Strategist
Many Baby Boomers left the grind of the corporate world to start their own businesses and live their version of the American dream. Now that those dreams have come to fruition, trillions of dollars worth of businesses are expected to transition within the next 10 years.
However, without an accurate plan for their exit, these business owners won’t receive the nest egg they need for transition into retirement. If you are a business owner thinking about selling, read our three tips to successfully prepare for your business transition.
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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Business Brokers
2019- A Great Year to Sell or Buy a Business
The shape of the economy changed for the better over the past year. The current administration reduced regulations on small businesses, unemployment dropped below four percent, and banks opened their…
Loans for Business Program Secures Sale of Ward DDS
Russellville-based Ward DDS, a family dental office with two Arkansas locations in Russellville and Clarksville has been acquired by a dentist out of Kansas City. Ward DDS owner, Tim Ward,…