When The Value Of The Parts Exceed The Value of The Whole Turn To CBI’s Live Auction Program
At CBI we know the business landscape amid the Coronavirus is putting tremendous pressure on business owners. No one wants to see a business fail. However, during these unprecedented times, it’s important for struggling business owners to consider all their options. That’s why CBI offers a suite of services to assist as you seek to prevent businesses […]
A Parable And A Point On Valuing Price
Business owners have likely seen this conversation play out before: questioning price. In this example, imagine a carpenter and a customer discussing what the price should be for a special, custom-built table. Customer: How much to build a special, custom-built table? Carpenter: $1500 Customer: Seems expensive for building a table. Carpenter: How much do you think it would cost? […]
Learn How Loans4Business Can Help Your Business Grow OR Support Its Sale
https://youtu.be/hWPP0yyOwc0 CBI’s Kelly Tivis and DRDA CPAs Suzy Granger talked this year about Loans4Business and how the program supports sellers and buyers in moving a deal toward the closing table. To get help with cash flow or learn more about CBI’s Loans For Business program, contact Kelly Tivis.
It’s Never Too Late To Plan For The Unexpected & The Eventual Sale Of Your Business
According to a recent report from the International Business Brokers Association (IBBA), even though retirement is far and away the most common reason that sellers go to market, most business owners are doing little to no exit planning. The smaller the business, the less likely owners are to plan. Of those owners who did plan, most started […]
Finding Your Way Forward Following The Elections
The votes are in and one result is clear: the country remains deeply divided. Instead of hand wringing and more vitriol, smart business leaders are instead looking for ways they can continue to steady the ship, serve customers, and find ways to connect – regardless of political affiliation. One question looms large among business owners: […]
Confidentially Selling Your Business Includes Pre-Screening Prospective Buyers
It’s true. Anyone can make an offer on your company. But knowing which ones have not only the financial assets but the business acumen to be a best-fit candidate is why Sellers turn to us. Confidentiality is the highest priority when working with the CBI offices. Our processes and computer software protects your information, your company information […]
The Risk of Not Planning and Preparing for the Sale of Your Company
When was the last time you calculated the percentage of your net worth tied to your company’s value? When you started your business, its value was probably negligible. Unless you purchased or inherited your company, it wasn’t worth much when you opened your doors, but over time, the proportion of your assets tied to your […]
When The Business You Want Isn’t For Sale – Turn To TAP
When I hear a buyer say they haven’t found the perfect business to buy, my team and I quickly share that when the business you want isn’t for sale, turn to TAP. TAP is CBI’s proprietary program that delivers a targeted search and turn-key program to identify that elusive business for you to acquire. In […]
Proven Strategies To Guide Your Acquisition
A successful acquisition strategy involves finding a methodology for the target companies that generates value for the acquirer. The use of an acquisition strategy can protect entrepreneurs from buying businesses for which there is no clear path to achieving a profitable outcome. Instead of simple growth, an acquirer must understand exactly how its acquisition strategy […]