Author Archives: William Bruce

About William Bruce

President, American Business Brokers Association / Business Broker and Accredited Business Intermediary assisting business buyers and sellers with the transfer of ownership since 1986 / Author: How to Buy a Business.

Small Business Ownership Transfers Set a Record in 2017

A record number of small businesses changed hands in 2017. Continue reading

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What is Business Intellectual Property? How Do You Value It?

Intellectual property is something originally created in the mind.  Among other things, it can be an invention, a  written manuscript or a company logo including words, phrases and images used in business. How do you place a value on intellectual property? Continue reading

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Family Businesses Are Now Less Likely to be Passed on to the Next Generation

The most surprising result of the survey is that among family-owned businesses contemplating a transfer of ownership within the next five years, only about half of the owners plan to pass the business on to the next generation of the family. This is down from 74 percent two years ago and is the lowest percentage in 17 years. Continue reading

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Selling a Business: Here’s How to Successfully Meet with a Prospective Buyer.

Previous articles have discussed the importance of having a good reason for selling your business, getting the business ready for sale, setting the right asking price, taking your business to market and buyer acquisition financing. In this article, we will share some advice on how to successfully hold the first face-to-face meeting with a prospective buyer of the business. Continue reading

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Carnival Cruise Lines Returns to Mobile, Alabama. A Word of Caution is in Order.

Carnival Cruise Lines is returning to Mobile, Alabama today. We’re excited about the return of a cruise ship to the historic and beautiful Azalea City, home of America’s first Mardi Gras celebration. But in the midst of this enthusiasm, a word of caution is in order. Continue reading

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Business Buyer-Seller Confidence Index Is Strong for Sale of Small to Medium Size Companies

The Business Buyer-Seller Confidence Index indicates a strong and active market for small to medium size companies. Continue reading

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Banks Rated Strongest to Weakest in Mobile and Baldwin Counties, Alabama

Banks are often placed on a pedestal in the public mind, but they are like any other category of business in that some are stronger and better managed than others. Following are Mobile and Baldwin County, Alabama banks rated strongest to weakest. Continue reading

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