24 May This Weeks Events for Business Brokers
Due to the COVID-19 pandemic, we recommend checking with the event organizer to confirm that their event is still taking place as scheduled.
International Business Brokers Association
Course 202D: Establishing Most Probable Sales Price (MPSP) for Dental Practices
May 25, 12:00 PM
Online
This course will provide a brief overview of recasting financials and of the various business pricing approaches that exist, and then provide detailed instruction on the use of the Capitalization Method for dental practices.
Carolinas-Virginia Business Brokers Association
Back to Basics Webinar Series: Valuations
May 25, 12:00 PM
Online
Join us for our next installment of our “Back to Basics” series on valuations. We will talking about the basics of valuation methodology, but focusing on the issues that brokers face when dealing with valuations.
Don’t miss out on this opportunity to ask questions and interact with seasoned experts in the industry.
Moderator: David Buboltz, Principal Broker, The Deal Firm
Panelists:
Ron Buck, Regional Director for Murphy Business & Financial – Carolinas
Frank Chebalo, Certified Business Intermediary, Murphy Business & Financial Services
Darren Mize, Partner, GCF Valuation
RSVP today to reserve your space for the CVBBA’s May 2021 Webinar!
Topics to be addressed:
Valuation Theory: Methods & Approaches
General Panel Discussion
Presenting the Valuation: How to Present; Strategy
Handling Objections
Agenda:
CVBBA News & Update
Panelist Introductions
Opening Statements from Panelists
Moderator Led Q&A with the Panelists
Member Questions and Takeaways
Closing Statements (if time allows)
Ohio Business Brokers Association
Monthly OBBA Broker Deal Xchange and Mastermind Meeting
May 25, 3:30 PM
Online
Join your fellow OBBA and NOBBA Members and attend our monthly Broker Deal XChange and Mastermind Meeting.
Learn what opportunities are being “co-brokered” or hear about collaborative opportunities that our OBBA and NOBBA members are working together on.
We cover Best Practice and Legal Updates that affect and impact our unique industry and profession. This is not Real Estate – these are discussions pertaining to confidential Business Ownership Transfer and Sales. Financing flow is different, collateralization is different, allocation of purchase is different, etc. This is Ohio’s Largest Brain Thrust discussion of best practice and deal structures.
Register for the event in order to receive the Zoom Link to attend this event or directly register on zoom. Attendees must have a signed Confidentiality and Non-Disclosure Agreement submitted and in place with OBBA to attend this meeting.
You must be a current Sponsor or Member of either Ohio Business Brokers Association or Northern Ohio Business Brokers Association to participate and attend.
Business Brokers of Florida
Behind the Broker with Patrick Lange
May 25, 4:00 PM
Online
On Tuesday May 25th at 4pm, we are going to continue our Behind the Broker series with Patrick Lange. Patrick is the North Florida District President. This is a great opportunity to get to know Patrick on a personal level and find out what he is passionate about in and out of the office. Start your Tuesday happy hour early and please join us to experience a different style webcast.
When: May 25, 2021 04:00 PM Eastern Time (US and Canada)
Topic: Behind the Broker with Patrick Lange
New York Association of Business Brokers
NYABB Virtual Meeting
May 26, 8:00 AM
Online
Hidden time bombs in your listing agreement…your success fee is at risk.
Issue/Problem faced by Business Brokers:
Most business brokers’ primary source of income is based on a deal’s success fees. If the deal doesn’t close, the business broker is not entitled to receive its success fees.
The business broker’s right to receive its success fees is governed by the language in the listing/engagement agreement with the business broker’s client (typically, the broker’s client is the seller of the business, but the same concept generally applies when the business broker’s client is the buyer).
Despite the overwhelming financial importance of success fees, business brokers often unknowingly risk their right to receive success fees because the language in their listing/engagement letter includes words, clauses, and other language that might limit or preclude the broker from having the right to receive the intended success fee.
Objectives/Takeaways for Business Brokers:
Business brokers will learn to identify and understand some of the key language in their listing/engagement contracts to help them mitigate potential threats to their contractual right to receive success fees from their client.
We will review a couple of sample listing/engagement agreements and provide examples of the language in them that may create the risk to their success fee.
Speaker: Peter Papagianakis, Business Law Firm LLC
Texas Association of Business Brokers
San Antonio Chapter Meeting
May 26, 11:30 AM
Online
Meets on the 4th Wednesday of every month.
The cost is $20 per member and $25 per non-member. You may pay with cash or check. No credit cards are accepted.
For more information contact:
David J. Sweeten
210-422-7958
Ohio Business Brokers Association
Monthly Northern OBBA Meeting
May 26, 11:30 AM
Melt Bar & Grilled
Featured Speaker: Gary Gillette, Ohio liquor license attorney, and Member Spotlight with Mark Boslett, CPA and business valuator.
NOBBA’s May meeting, taking place at Melt Bar and Grilled, will feature attorney and liquor license specialist, Gary Gillette. Gary will be speaking to us about the ins and outs of selling businesses with liquor licenses in the state of Ohio, especially in the wake of the issues with the division of liquor control caused by the pandemic. Gary is a longtime member of OBBA and a new member of NOBBA! We will also be hearing from new NOBBA member, Mark Boslett, CPA, business valuator, and exit planning strategist working in Hudson, Ohio.
For attendee registration for this event email Bill White, Jr. at: b.whitejr@Murphybusiness.com.
Texas Association of Business Brokers
Dallas/Ft Worth Chapter Meeting
May 27, 11:30 AM
Online
Meets every 4th Thursday of the month, except in November and December.
For more information contact:
Nolan Duck, President
972-200-0991
Texas Association of Business Brokers
Houston Chapter Meeting
May 27, 11:30 AM
Online
Meets on the last Thursday of each month.
The cost is $35 for members and $45 for non-members, payable by preregistering online or by check, cash or credit card at the door. (RSVP to HoustonTABBChapter@gmail.com)
