Certified Business Brokers
The Business Transfer Newsletter
October 2011
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Selling Texas Businesses

Since 1974 

 

 

 

 

 

 

 

 

 

 



 

Selling Texas Businesses Since 1974.

 

Our monthly newsletters provide information about buying or selling a business and highlight some of our newest business-for-sale listings. We are headquartered in Houston and have offices in Austin.CBB Newsletter Archives

Partial List of New Businesses for Sale

Child Care Center - High Cash Flow

In-Home Patient Rehab Services - No Licensing Req'd

Industrial Suppler & Service Company

Electronics Manufacturer & Supplier

Lawn & Pond Maintenace Business - Government Contracts

Mexican Grill & Bar - Houston Energy Corridor

Pet Grooming & Boarding Facility in Austin

 

September Featured Listing  

* CBB Restaurants For Sale Website!

* Listings Coming Soon!

CBB Corporate - M&A Opportunities

Passing Financial Due Diligence in a Business Sale
 

Passing Due Diligence When Selling a BusinessDue Diligence is the final hurdle of the business sale process. While there are many aspects of the business that will be explored by the buyer, such as as personnel, operational, market, and legal, it is financial due diligence that is one of the biggest reasons deals fall apart.

 

The more expeditiously that clear, organized information that demonstrates the full financial benefits of owning the business can be made available to a prospective buyer, the more likely the business will sell as negotiated and close on time. With that in mind, the following are individual items that may be requested by a prospective buyer to substantiate the financial aspects of the business.

 

Read Entire Article

 

Buying a Business with a Partner? Plan Ahead

Business Partnership

"A friendship founded on business is a good deal better than a business founded on friendship." - John D. Rockefeller

 

For a variety of good reasons people partner up to purchase a business, whether it be one partner contributing the funds and the other putting in the time and knowledge or both simply deciding to split up the responsibilities.

Sometimes one person may not have all necessary skills to operate a business and needs a partner or a team to round out the required talent roster. As long as ample forethought and planning goes into the formation of a partnership it can, indeed, be a great way to achieve a business acquisition.

Since partners are liable for the business activities of the other, and a partnership is typically much easier to get into than to get out of, you'll want to achieve mutual clarity upfront. Engage a good business attorney to draft legal documents that are specifically tailored to your business circumstances. You may wish to discuss the following two documents with your attorney: Read Entire Article
 
Sold! Dickinson BBQ Company - A Testimonial

The CBB Team takes great pride in providing personalized, professional service to each of our clients and it is always gratifying when we receive testimonials. So, we thought we'd share.

 

CBB Broker, Doug Ashby, received this letter from the owner of a business which he listed and successfully sold. Great job Doug!

 

Ask the experts sectionQuestion Ask The Experts

 

Q: Do you use rules of thumb when valuing a business?

 

A: Rules of thumb are simple pricing techniques that are sometimes used to arrive at a quick ballpark market value using a percentage of revenues or a multiple of a level of earnings, such as seller's discretionary earnings. However, rules of thumb is not a specific methodology we use for a business valuation, but it can be useful in testing the value conclusion arrived through the standard methods.

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