Dave Godwin Facilitates Lower Middle Market M&A Transaction in Roofing Industry
Springdale, Arkansas – July 10, 2024 – CBI Team is pleased to announce that Dave Godwin, an Executive Broker and Certified Business Intermediary with our company recently facilitated the successful closure of a lower middle market merger and acquisition transaction in the roofing industry in Northwest Arkansas. As an executive broker with extensive experience in […]
3 Tricks to Avoid When Selling Your Company
Business owners have been known to refer todue diligence as “the entrepreneur’s proctology exam.” It’s a crude analogy but a good representation of what it feels like when a stranger pokes, prods, and looks inside every inch of your business. Most professional acquirers will have a checklist of questions they need answered if they’re considering […]
Peckin’ Away December 2021
In conversations with several other people, several of whom don’t know what CBI does, I’ve heard stories of businesses being shuttered and closed. That always breaks my heart to know that someone’s dreams and retirement income have gone dark. This often happens for reasons not related to the owner’s operation but often for reasons beyond […]
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 […]
Build Value by Selling Less Stuff
By Dave Godwin You’ve likely heard the adage that it is far easier to cross-sell an existing customer a new product than it is to find a new customer. And if your goal is to grow at all costs, then cross-selling makes sense. However, all of that sales growth may not do much for the […]
Two words/phrases that have dominated the business community since 3/2020:
By Carl Grimes Pivot New normal Pivot. Everyone in business it seems has pivoted or needs to pivot or failed to pivot. Before last year pivot was, to me, a position played by the tallest guy on the basketball team. Or it was the funny move Curly of the Three Stooges did when he planted […]
10 Resolutions That Will Increase the Value of Your Company
By Dave Godwin Buh-Bye and good riddance to 2020! If your goal is to build a more valuable company in 2021, here are some New Year’s resolutions to consider: 1. Stop chasing revenue. A bigger company is not necessarily a more valuable one if the extra sales come from products and services that are too […]
University of Arkansas Small Business Technology & Development Center Hosts Panel Discussion On Buying & Selling Businesses Featuring CBI
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 the University of Arkansas recently led a panel discussion for participants to explore questions about buying & selling a business. The Center’s Business Consultants Catherine Corley & […]
The Art & Science of Valuing A Business
Pigs Get Fat; Hogs Get Slaughtered My Dad had a saying, “Pigs get fat and hogs get slaughtered.” It’s useful advice and words I often recall when asked to share with others about what their business is worth. When that question is posed, I know there’s another, equally important question, bundled in the first. “What […]