Sold! Dramis Hardwood Floors
Dramis Hardwood Floors has been doing business in Northwest Arkansas for over 40 years and owners Pam and John Dramis made the decision it was time to retire. They contacted Dave Godwin, Senior Business Broker for CBI Northwest Arkansas. Dave helped them prepare the business for sale and found and screened the buyers and put the transaction together. […]
Sell Results Not Your Time
By: Dave Godwin CBI Senior Intermediary If your goal is to build a more valuable company, stop selling your time. Billing by the hour or day means customers are renting your time rather than buying a result, which means that your business model lacks leverage. To grow, you need to either work harder or hire more […]
Ten Years of $$$
By Carl Grimes (CBI Founder) The call came in with good news, good news that was ten years in the making. The call was from Laura Ruether asking what address she should mail the check to? I always enjoy calls that start like that, but it was doubly satisfying as Laura explained this was the […]
Sold! Carters Audio Video
Carters Audio Video, a twenty-year old Fort Smith/River Valley audio-visual installation and design business has been acquired by All AV Services (www.allavservices.com) of Northwest Arkansas CBI Northwest Arkansas Managing partner, Jon Holbert, listed the business for sale and Senior Intermediary, Carol Gresham, brought the buyer to the table. These companies had similar business models and […]
Economic Injury Disaster Loan May Be Assumable
By: Jon Holbert Managing Partner CBI Northwest Arkansas If you took the opportunity to protect your business by obtaining an EIDL (Economic Injury Disaster Loan) during the Pandemic, you will want to continue to read this information, particularly if you’re contemplating a sale in the next year or so. Most EIDL loans have 30-year terms, […]
Loans4Biz: The Benefits of Having Multiple Lenders Review a Deal
Have you ever needed an expert to complete a project for you? Did you complete some research on different experts and obtain quotes from several of them to learn more about options and costs? It takes time and effort to go through the process of obtaining and comparing options. In the end, you may decide […]
Tax Increase? Taxed Enough Already!
by Carl E. Grimes My wife and I recently had a wonderful 50th wedding anniversary and celebrated at a hotel in Memphis, Tennessee. We were given a special rate ($79 per night for a two-night stay + $10 per night for parking) and very satisfied with all the amenities and our visit in general.When we […]
13 Finance Experts’ Tips To Help Business Owners Prepare For Retirement
From: Expert Panel Forbes Councils Member Founding and owning a successful business doesn’t necessarily insulate someone from potential financial difficulties. Indeed, balancing the needs of the business with personal financial needs can be an ongoing challenge. And like everyone else, business owners need to develop a plan to provide for and protect themselves and their […]
Sold! Commercial Beverage Equipment Company
Connor Grimes, CBI Central Arkansas office owner announced the sale of Commercial Beverage Equipment to Geoff Thompson. Shep Campbell, CBI Central Arkansas Senior Intermediary with years of experience brought the deal to a close. Commercial Beverage Equipment specializes in on-site repair and maintenance of coffee brewers, tea brewers, cappuccino machines, espresso machines and many more! Over […]