07 Jun 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.
California Association of Business Brokers
CABB 201 – Advanced Recasting and Business Valuation
June 8 – 11
In this 4-day, 12-hour course you will learn business valuations by recasting financials to determine Sellers Discretionary Earnings (SDE), creating a Risk Analysis using the CABB worksheet, determine a Broker’s opinion of value for both Asset and Stock Sales using 4 different methodologies with the Income and Market Approaches, including models for Multiple of Earnings, Excess Earnings and cap rate model, and using the comps (done-deal) model. We will also discuss getting paid for this process and talk about different valuation packages available to brokers.
International Business Brokers Association
2021 IBBA Mid-Year Report
June 8, 12:00 PM – 1:00 PM
Are you interested in learning more about what the IBBA has in store for the future and how the association is performing this year? Join IBBA Chair, Lisa Riley, and Executive Director, Kylene Golubski, as they review and discuss the IBBA’s strategic vision, goals and performance. Learn about how far we’ve come and what lies ahead in 2021! We welcome all those in the profession to attend and learn where the IBBA is going in the year ahead, and beyond!
Michigan Business Brokers Assocation
West Chapter Monthly Meeting
June 8, 12:00 PM – 3:00 PM
Co-BRokering – Presentation of Best Practices, James Parker from Florida Business Brokers.
Metro Chapter Members are also encouraged to participate.
The online room will be open starting at 12 noon, with our meeting starting at 12:15. Our standing agenda will be
12:00-12:15 Open networking if any choose to
12:15-12:30 Meeting comes to order, review our understanding of NDA, welcome guests, chapter updates from the board
12:30-1:00 Membership sharing of offerings, wants and needs
1:00 – 2:30 Key presentation allotted time but most presentation are less, this includes Q&A
Zoom Instructions will be sent out prior to meeting. Please watch your email.
Directors Note: West Chapter Directors are to meet at 11:00 AM for Monthly Board Meeting.
Midwest Business Brokers and Intermediaries
Indiana: Networking & Finance
June 8, 5:00 PM – 7:00 PM
Woodland Country Club of Carmel, 100 Woodland Ln, Carmel, IN 46032
International Business Brokers Association
Summer Sales Symposium
June 9 – 10
Join us for a two day learning event exclusively focused on actionable sales strategies for business intermediaries to get and close more listing engagements! Award winning Sales Trainer, Eric Schulman, has worked hands-on with Business Intermediaries and will show you how to get more results in a fraction of time, with strategies that work for any sales environment. You’ll also share best practices with peers and tap into our exclusive event networking app that will intelligently connect you with the fellow attendees and solution providers to drive your success. You’ll walk away energized, implementation ready, and with new opportunities to pursue.
New England Business Brokers Association
Program Meeting: How to Get the Most Out of Your BrokerWorks Account
June 9, 11:00 AM – 12:15 PM
Ohio Business Brokers Association
June Monthly Meeting
June 9, 11:30 AM – 1:15 PM
Mozart’s Cafe, 4784 N. High Street, Columbus, Ohio 43214
Elements of A Business Purchase Agreement
We are live! Join your fellow members and invited guests to our monthly June Ohio Business Broker Association meeting. This will be an in-person luncheon meeting and will require RSVP.
Our Speaker Series guest will cover what every business broker or advisor needs to know regarding the business purchase agreement. A business purchase agreement is entirely different from the purchase of real estate or other real property assets.
A business is unlike a simple “tangible” hard asset. A business purchase has many moving parts to get to a deal to the closing table. Items covered by our speaker:
- How is the Allocation of Purchase Price agreed upon? (It’s not real estate)
- How are Accounts Receivable handled?
- What about Accounts Payable?
- What happens to the employees when the new owner takes over?
- What is being purchased, the corporation, assets or both?
Above is just a sampling of what will be covered in our luncheon – don’t miss this.
Make sure you RSVP to attend this luncheon using our registration facility on our OBBA.org website. With the adjustment to post COVID mandates and restrictions, Mozart’s is slowly easing into regular capacity but we have limited maximum seating for this luncheon so we encourage early registration to help Mozart’s plan our luncheon.
Website to Mozart’s for Address and Menu: Mozart’s (mozartscafe.com)
Date: June 9, 2021 Wednesday 11:30am to 1:15pm
Our June Speaker Bio and Link: Attorney Tobin Mann
Pennsylvania Business Brokers Association
Future of Tax Law Impacts on the Current Sale of Businesses
June 9, 12:00 PM
Please join us for a special Zoom Meeting on Wednesday, June 9th at 12pm, with our guest speaker Roman A. Basi, Attorney/CPA.
Roman will discuss how the proposed new tax laws may impact the valuation of businesses and the buying and selling of companies, and what should be utilized to minimize and possibly eliminate current and future tax liabilities as a result of these tax impacts.
About Mr. Basi: Roman Basi is the current President of The Center for Financial, Legal & Tax Planning, Inc.
Roman is an Attorney, a CPA, Managing Real Estate Broker, Title Insurance Agent and an
instrument rated private pilot. Roman is also one of the Tax Course Instructors for the Internal Revenue Service’s Annual Filing Season Program for Tax Return Preparers throughout the United States. Roman is admitted to practice in Illinois, Florida, Arizona, Missouri, Federal District Court of Illinois Southern District, the United States Court of Appeals for the 7th Circuit, and Roman is also admitted to practice in the United States Supreme Court being sworn in to the highest court in the summer of 2015 in front of all 9 Supreme Court justices.