The Importance of Confidentiality When Selling Your Business
In the dynamic world of business brokerage, confidentiality stands as a cornerstone principle, especially when it comes to selling a business. Whether you’re a seasoned entrepreneur or a first-time seller, understanding and maintaining confidentiality throughout the selling process is paramount. Let’s delve into why this aspect is crucial and how it can benefit you as […]
Over-Dependency Creates Discounted Value
By: Dave Godwin CBI Executive Business Broker The Swiss are known to value their independence. They don’t use the Euro currency despite being sandwiched between France and Germany, and they never officially picked sides in the World Wars for fear of tying their wagon too closely to one geopolitical regime over the other. That’s why […]
Working Smarter or Harder?
By Dave Godwin How’s your workload these days? If the pandemic has forced you back into the weeds of your business, you’re not alone. Many owners are again doing tasks they haven’t done in years because they have had to lay off front-line staff or their employees have fallen ill or are caring for someone […]
Loans4Biz Helps Fund Purchase of Adams Truss
(In regard to Sold – Adams Truss) After his offer to acquire Adams Truss was accepted, Mike decided to participate in the Loans4Biz (L4B) program – a service provided by CBI’s Management Team to buyers/borrowers who need to obtain financing for acquisitions. Kelly Tivis, the Loans4Biz Program Administrator, worked with Mike to prepare all documents […]
Setting Yourself Up for Success When Selling
By Max Avery As a business owner, the idea of selling your business may have come up from time to time. The SBA reports that one in every three businesses has a plan to sell and that fewer and fewer businesses are being handed down through the family. Regardless of what stage you are in […]
January 2021 | Business Buyer Edition | News & Updates
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” for competition. The same is true for businesses according to Connor Grimes, owner of CBI Central Arkansas. The recent sale of Hot Springs Health & Fitness (www.hshf.net) […]
Factors to Consider Before Buying an Existing Business
By: Aspen Grams, Marketing Strategist If you’re looking to leave the corporate world and start a venture of your own, buying an existing business can be a great option. The benefits are numerous! You don’t have the burden of creating a new business idea, dealing with startup costs, or establishing your brand. With a for-sale […]