SOLD! Amerispec
(From Left to Right: Walt and Becky Chambers, Sellers. Carol Gresham, Business Intermediary. Mariana and Roy Goodwin Jr., Buyers) Walt and Becky Chambers had a good experience 14 years ago with the CBI TEAM when he bought Amerispec. So, when he decided it was time to sell and retire, he came back to CBI and […]
Business Survival: Small Business Revival
By: Carl E. Grimes, CBI and Chairman of Confidential Business Intermediaries/The CBI TEAM Own a business and want some good new? Here you go: The Revival of New Main Street Small Businesses In an article written for Entrepreneur magazine by Kabbage’s Co-founder and CEO, Rob Frohwein, Rob predicts that “by 2025 a whole host of small businesses […]
Business Survival: The Founder’s Tale
10-17-18 By: Carl E. Grimes, CBI Being the Founder of the CBI TEAM, when this article came to my attention yesterday, I read every line. If you are the Founder of a company/business, I’d suggest you read Steve Graves’ insightful tome. I’ve worked with hundreds of founders in my three-plus decades of executive advising. Men […]
Business Survival-It’s a Jungle Out There
Time to plan business exit and transition is something most business owners don’t set aside.
Racing To Close
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.12.2″] By Leland Eidson, System Administrator/Closing Coordinator-Confidential Business Intermediaries/The CBI TEAM Northwest Arkansas The closing table is like the finish line of a long complicated race. It takes a lifetime to build a solid business, and selling a business can seem like a marathon. While it’s true some deals are more like […]
When Is The Right Time To Sell My Business?
This is a common question among business owners, and the answer may be this year. Several months ago our managing partner, Mark Kincannon, wrote an article about an experience he had with a business owner who was selling his business. Mark helped the seller find a buyer and all parties agreed to the terms of the sale. The deal was almost done until […]
A Seller Annuity: Why Owner Financing is a Very Good Thing!
A bank ad caught my attention. They actually spent money to tell the public they were paying 2% on a certificate of deposit. 2%. Meh! I don’t think that keeps up with inflation, does it? How about getting 6 or 7% interest on a secured note? Does that sound better? Thought so. Your business is […]