Industry News

Professional associations play an important role in the business brokerage industry by providing standards of conduct for brokers and opportunities for broker education. In central Ohio, the leading association is the Ohio Business Brokers Association which holds two monthly meetings for members:

A networking luncheon
A discussion group that focuses on best practices

If you would like to attend a meeting to get a glimpse of the inner world of business brokerage, please contact us and let us know.

1st Q 2024 Average Business Sale Price Down Since 4th Q ’23; Selling Price Below Asking Price Since 2017

Restaurant Sale Prices Up 9% as Buyers Pay Premium for High Performers

The restaurant sector continues its post-pandemic recovery, as transaction volume remains steady year-over-year, yet 8% lighter than the previous quarter. Buyers focused on higher-priced restaurants, with the median sale price up 9% since last year and 13% since last quarter. …

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2024 Small Business Sales Pick Up Steam

Small business acquisitions grew 10% over the previous year and 3% over the previous quarter, according to BizBuySell’s Insight Data, which tracks and analyzes U.S. business-for-sale transactions and sentiment from business owners, buyers, and brokers. A total of 2,384 businesses …

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New Small Business Regulations in 2024

Source: US News & World Report Registering with Financial Crimes Enforcement Network Many U.S. small businesses will need to register with an agency called the Financial Crimes Enforcement Network (FinCEN) by Jan 1, 2025 as part of an act passed …

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Dec. 21, 2023: Selling days stay relatively even

In the marketplace of Main Street types of businesses (generally ranging in total annual sales up to $2 million) the length of time it takes for a business to sell under confidential disclosure conditions stays fairly even over time. A …

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SBA Lending 101

What Is The SBA Loan Guarantee Program? The Small Business Administration (SBA) loan guarantee program is a federal government program aimed at helping small business by offering local banks federally-backed loans to qualified borrowers. What Can the SBA Loan Program …

SBA Lending 101 Read More »

Nov. 20, 2023: Fresh Industry News from the IBBA Quarterly Survey

The Main Street market is rarely affected by the larger deal making environment. For example, over the last 40+ Market Pulse surveys, the median multiple for businesses valued under $500,000 hasn’t shifted beyond 2.0X to 2.3X. However, we’re seeing a …

Nov. 20, 2023: Fresh Industry News from the IBBA Quarterly Survey Read More »