| Listings | | | As CABB members, you have two locations to post your listings. Access the CABB listserv or post your listings on the CABB LinkedIn page. | |
| Share | | Do you have an article you'd like to share with the CABB membership? Send it to us! We want to feature our members' articles in the CABB Weekly Connection. Please send all article submissions to ashley@cabb.org for consideration for inclusion in the next Weekly Connection.
| |
|
   | Welcome to your CABB Weekly Connection
|
|
Questions Business Owners Ask Me and the Answers I Give Them
By Loren Marc Schmerler,Bottom Line Management, Inc., originally appeared on June 28, 2012 on Business Brokerage Press
Throughout my years of successfully assisting business owners in selling their companies, I've been asked the same questions by many potential sellers. In this article I have compiled a list of common questions about selling a business along with my answers that you may find helpful.
1. How much is my business worth?
The correct answer is the price a Buyer offers you that you are willing to accept. It makes no difference whether you are making money or losing money. It makes no difference whether sales are increasing, declining or flat. It makes no difference how much blood, sweat and tears you have put into your business. It makes no difference how much money you have invested in the business. It makes no difference how much money you owe to the bank or to yourself.
It makes no difference what a business valuation or appraisal says. It makes no difference what your hard assets are. It makes no difference what your customer list or client list contains. It makes no difference what your patents or service marks cost you. It makes no difference whether you are a Franchiser, Franchisee, Licensor, Licensee, Distributor or Independent Contractor. The bottom line is that what you finally accept is what your business is worth.
Continue Reading
|
| Call For Volunteers - CABB Needs Your Help! |
|
Our Communications Committee is looking for a few new members who could assist 4-6 hours per month. Our team facilitates the weekly newsletters, CABBinars, articles, LinkedIn discussions and Member highlights. If you have experience or interest in writing, marketing or PR, you're who we are looking for! Please contact Committee Chair Amy Cole at acole@abi-ma.com or 925-890-6012 as soon as possible.
|
|
Save the Date:
July 25, 2012
9:00 a.m.
Speaker:
Bob Brooks, CBI, Senior Vice President, Business Team
Bill Priest, Attorney, The Priest Law Offices
Using CABB Forms to Protect your Fee and Avoid Lawsuits
Save the date for this informational training CABBinar as our CABB forms committee representatives Bill Priest and Bob Brooks review the key forms we use as business brokers including revisions and changes.
Continue Reading
CABBinar Archive
Do you miss the June CABBinar? Have no fear, you can still access the recorded version of the most recent CABBinar.
Don't miss out on Ron Hughes "Transitioning Business from Seller to Buyer" presentation. View the recorded webinar.
|
August 10: IBBA 301 Introduction to Mergers and Acquisitions
ABI Business Sales, Mergers and Acquisitions - Register today!
|
September 13-14: CABB 101
Northern California/Business Team Campbell - Instructor: John Mittlestet
Not sure if you want to take the CABB 101 Course? Here's what CABB members Jason Alan had to say about CABB 101:
"...I wanted you to know that I learned so much during the two day CABB 101 Course and look forward to being part of the CABB community."
|
September 27-28: IBBA 210
Southern California/Business Team Torrance - Instructor: Ron Hottes
Click here for more education dates.
|
The opinions, beliefs and viewpoints expressed by the various authors for this newsletter do not necessarily reflect the opinions, beliefs and viewpoints or official policies of the California Association of Business Brokers.
|
|
