30 Oct This Weeks Event for Business Brokers
Georgia Association of Business Brokers
Members Only Meeting
October 31, 10:30 AM – 12:00 PM
Atlanta Realtors Center at 5784 Lake Forrest Dr. NW, Atlanta, GA 30328
The monthly meeting begins at 10:30 a.m. and is preceded at 9:45 a.m. by a free light breakfast and networking session. There is networking with coffee and pastries from about 9:45 to 10:30 and the meeting will last from about 10:30 to somewhere between 11:30 and noon.
Our meetings begin with guest and member introductions of name, company and what you do, not a networking or elevator minute. After introductions, we have about a 30-minute presentation by either a panel or a speaker and then some time for questions. After the presentation we’ll have a few items of association business and then adjourn the meeting.
New England Business Brokers Association
Program Meeting: Legal Help for Business Brokers
November 1, 4:00 PM – 8:00 PM
Double Tree Hotel, 5400 Computer Drive, Westborough MA, 01581
Please join us for our November program, which will cover Legal Help for Business Brokers – Collecting difficult commissions and other troublesome legal questions.
- What to include in your listing agreement, the offer, asset purchase agreement and other key documents to protect you and your commission
- What to do when you don’t think the seller will pay your commission or the seller refuses to pay your commission
- How to go after your seller to resolve legal claims? Arbitration, 93A, Small Claims, or hire an attorney?
- When to hire an attorney
- How to obtain and enforce a judgment
- And much, much more!
All this and more will be covered in this insightful meeting on Wednesday November 1st at the Double Tree in Westborough. Join us at our next meeting with Attorney Marc Clerc from Clerc & Associates, P.C. in South Easton and Attorney Eric Sigman of Laredo & Smith, LLP in Boston.
This will be an eye-opening night for business brokers. It’s not difficult to get into a situation where a seller isn’t living up to their obligation to pay the broker. You’ve already found the buyer and put the deal together, but now the lawyer is running the last stage of the transaction and you get the feeling that some or all your commission is not going to be paid. How do you respond? What if you think the seller sold the business without paying you? What avenues do you have to go after a commission?
Michigan Business Brokers Association
Metro Chapter Monthly Meeting
November 2, 9:30 AM – 12:30 AM
Rocky’s of Northville, 41122 W Seven Mile Rd., Northville Twp., MI 48167
Jason Vertrees, President of Applied Environmental. Jason is a new member at Metro and will provide us with an update on real estate environmental services in Michigan.
California Association of Business Brokers
NorCal – CABB 201 – Advanced Recasting and Business Valuation
November 2 – 3
3160 Crow Canyon Place #160, San Ramon, CA 94583
CABB is dedicated to providing the best education for business brokers and intermediaries and has developed a wide range of courses on various topics that will help you provide value to your clients and manage your practice. Our educational courses are developed and taught by subject matter experts who are also practitioners.
With this course you can . . obtain your CBB and do business valuations from recasting the profits to determine the real “Seller’s Discretionary Earnings” (SDE); recasting a Balance Sheet; conducting a risk Analysis; determining a broker’s Opinion of Value for both Assets and Stock through a Multiple of Discretionary Earnings Methodology; Excess Earnings Methodology which looks at cap rate and rate of return on capital/assets; Selling Price Analysis from a Cash Flow Perspective Methodology and analyzing Comps.