Pictured left to right: TR and Suzy Laughlin (sellers), Dave Godwin (CBI senior intermediary), Alicia and Jeremey Wiginton (buyers) CBI Senior Intermediary Dave Godwin facilitated the sale of the award-winning Red…
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…
January 2021 | Business Buyer Edition SOLD - Hot Springs Health & Fitness Ask any athlete and they will tell you it takes time and hard work to get into “shape”…
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.…
January 2021 | Business Owner Edition News & Updates (Hot Springs Observation Tower - Betchel Photography) Sold - Maverick Supply Pictured: Charles Rateliff (CBI Intermediary), Maria Smith (seller), Gene Burch…
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…
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.
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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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…