Selling or buying a business? B2B CFO’s “The Business Sale Solution” educational seminar highlights hidden dangers of transferring ownership
FORT LAUDERDALE, FL. (May 4, 2018) – Out of 20 million privately held companies that exist in the United States today, only 15,755 managed to successfully transfer ownership in 2017 according to Jerry Mills, B2B CFO®. What makes selling a business so challenging in today’s environment?
On April 25, 2018, a group of 20 South Florida business owners and advisors met at Bank United – Weston to answer that question and discuss the core issues of preparing companies for a sale. B2B CFO®, a national firm that serves owners of privately held companies with growth and exit strategies, recently launched “The Business Sales Solution” seminar series with a goal to educate business owners about the hidden dangers and risks involved in selling or acquiring a company.
The seminar addressed the following questions: (1) What is the #1 concern that business owners share about selling their business? (2) What type of buyer is best for the sale of your business? (3) What is needed to get past the possible deal-killers for your business?
“I’m walking away with great information that I didn’t know before” said Mary Beth Casey Franchise Owner of Expedia CruiseShipCenters, Fort Lauderdale who attended the event. “I imagined that the sales process would be complicated, but the presentation provided a process and some insights into how to approach the sale of our business. I feel more aware and therefore, more prepared.”
The event was organized by B2B CFO® in cooperation with Weston Hills Country Club and was sponsored and hosted by Bank United. The seminar was delivered by B2B CFO® partners, Terry Eve, Paul Shapansky and Dan Young.
“B2B CFO brought a fantastic presentation today to our guests, breaking down a complex process of selling a business into easy to digest nuggets of information,” said Lisa Mooney, VP, Sr. Branch Sales Leader – BankUnited – Weston.
B2B CFO® will continue the quest to educate the local business owners and have scheduled upcoming seminars on May 17, 2018 in Fort Lauderdale and June 14, 2018 in West Palm Beach.