Blog

The M&A industry has been dramatically impacted by the rise in interest rates over the last 18 months which has had a meaningful impact on the reduction of business valuations.

The International Business Brokers Association (IBBA®) recently announced its Member Excellence Awards for 2022, honoring outstanding business brokers who have demonstrated exceptional expertise and achievements in the industry. The IBBA® Member Excellence Awards is an annual recognition program that celebrates the accomplishments of business brokers who have displayed remarkable proficiency, ethical conduct, and exceptional results in the industry. These awards acknowledge the contributions of individuals who have significantly impacted the field of business brokering and have consistently demonstrated professionalism and excellence in their work. The IBBA® Member Excellence Awards recognize the exceptional achievements and contributions of business brokers who have demonstrated excellence in their field. Karen Schorkopf's well-deserved recognition as an award recipient is a testament to her expertise, dedication, and client-centric approach to business brokering. “ Proud to post that I have been awarded the Chairman Circle Award for the 3rd year in a row at IBBA, the International Business Brokers Association. Only 2 members from TN achieved this recognition! I want to thank my clients, my team and my fabulous referral partners for supporting my successful sale of so many awesome privately owned companies in 2022! ” - Karen Schorkopf To read more about the association and announcement-> IBBA Member Excellence Awards for 2022 Announced | IBBA.org

Ed Legum is a business broker and advisor with Tennessee Business Brokers. Catch his podcast interview hosted by John Ray to shed light on how a business seller and buyer engages on a business broker and asking prices are determined. Topics included on the podcast are as follows: What’s the big picture: Why do businesses need a business broker? What do sellers want? What is their business worth? How do you determine the asking price? What are the top three things sellers can do to increase the perceived value of their businesses? Who are business buyers and what do they want? What does it take to sell a business? We invite you to listen to Ed’s informative podcast interview here:

The International Business Brokers Association (IBBA) has recognized Nashville Business Broker, Karen Schorkopf, with the Platinum Chairman's Circle Award as well as the Deal Maker Award for outstanding performance in 2020 as part of its Member Excellence Awards Program.

Finding the best tax structure to use when selling your business is an important consideration. Read our blog to learn what's best for you.

We take a look at the most common components of an M&A purchase agreement to ensure your transaction goes smoothly and you avoid any potential issues.

Selling your business takes some careful planning and consideration. In this article, we go through the high-level process step-by-step.