09 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.
California Association of Business Brokers
CABB 101 – Introduction to California Business Brokerage
May 10 – 13
Sheraton Denver Downtown Hotel, 1550 Court Place, Denver, CO 80202
This 4-day, 12-hour course covers all aspects of business brokerage in California including licensing in California, broker designations, agency, the basics of business brokerage, practicing as a business broker, CABB forms, listing, comps, recasting financials, working with buyers, as well as the selling and escrow processes. All new members are required to take CABB 101 within 9 months of joining.
Michigan Business Brokers Association
West Chapter Monthly Meeting
May 10, 12:00 PM – 3:00 PM
Grand Rapids Association of Realtors Office, 660 Kenmoor S.E, Grand Rapids, MI 49546
Agenda: Jon Siebers, our fellow member and a Deal Attorney with Rhoades McKee law firm in Grand Rapids will be highlighting some recent trends and is open to questions from all attenders. Meeting and Lunch provided at 12:00 PM.
Directors Note: West Chapter Directors are to arrive at 11:30 AM for Monthly Board Meeting.
Colorado Association of Business Intermediaries
Board Meeting
May 11, 11:30 AM – 1:00 PM
CABI Members are invited to attend the Board Meetings, which are generally held from 11:30 a.m. to 1:00 p.m. The location of the meetings changes from time to time, so please contact Glen Cooper, President, in advance for details.
Ohio Business Brokers Association
Monthly May Ohio Business Brokers Association Meeting
May 11, 11:30 AM – 1:15 PM
Mozart’s Cafe, 4784 N High St, Columbus, OH 43214
Join your fellow Ohio Business Brokers Association and Norther Ohio Business Brokers Association for our monthly Columbus OBBA meeting. We are now in Q2 and let’s talk about how your Q2 is faring with our monthly updates.
We have had a great speakers come and join and share with us this year with very important, useful and highly applicable content. In March we had President of Marketing Works discuss optimizing your LinkedIn Profile and last month we had Tom Skoog of renowned Blue and Company, published in Columbus CEO Magazine discuss the importance of Cyber Crime and ID theft deterrent systems for yourself and especially for your business buyer and seller clients.
For May, make sure you register to hear recognized author, speaker and innovate entrepreneur Frank Agin speak to the OBBA. Frank has been instrumental in the enhancement of many professional lives, teaching, sharing and coaching on the importance of relationship building and networking. Hear from Frank best practice to implement in both your professional and personal lives valuable insights on daily living. Frank has proven and taught many others the valuable secrets to optimized living. Don’t miss this valuable session.
Frank has written 7 books for business and personal excellence: Proclamation of Success, Chase Greatness, Networking Rx-Age Old Prescriptions for Developing Healthy Business Relationships; The Giving Journal; The Champion; LinkedIn Working; Foundational Networking. You will be in for treat and insights that will truly change your life. Make sure you register to ensure your seating.
Midwest Business Brokers and Intermediaries
MBBI Minnesota Chapter Launch & Networking
May 11, 5:00 PM – 7:00 PM
Hewing Hotel, 300 N Washington Ave, Minneapolis, MN 55401
Michigan Business Brokers Association
Metro Chapter Monthly Meeting
May 12, 10:30 AM – 1:00 PM
BJ’s Restaurant and Brewhouse, 19470 Haggerty Rd., Livonia, MI 48152
Agenda: This month is a guest, Tim Cowley, CPA. His presentation will touch on MI Legislature passed at the end of 2021 – a SALT Deduction workaround which can be utilized to bypass the $10,000 standard deduction limit enacted in the 2018 tax changes. We will discuss this briefly and identify who may benefit from electing and paying the new FTE tax.
The second part will focus on business valuation discussion. A business valuation engagement that a CPA would perform may be quite different from an engagement that a broker or M&A person would perform due to professional standard requirements, assumptions related to the standard of value utilized, and other items. We will discuss the differences between the M&A world and the CPA valuation including types of engagements and reporting requirements, standards of value and rules for different purposes, what information a CPA may utilize versus an M&A person, and why using a valuation report from a different purpose than a potential sale could cause an over/underpricing of the business for a transaction.
