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.

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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Record Number of U.S. Small Businesses Were Bought and Sold in 2016

BizBuySell.com, the Internet’s largest business-for-sale marketplace, reported recently
that annual small business transactions reached record levels in 2016, topping 2015’s totals by 8.6 percent. Continue reading

Posted in Business Valuation & Appraisal, Buying or Selling a Business | Tagged | 2 Comments

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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Number of Small Businesses Sold Set to Break Record

The total number of small businesses changing hands in the first half of 2016 represents an increase from not only last year, but from the record-setting 2014 as well. If the trend continues, 2016 will be the best year on record. Continue reading

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How to Use the SBA 7(a) Loan Program to Buy a Business

Except for the SBA 7(a) program, banks generally do not make loans to individuals to buy a business.  This statement will surprise a lot of people. Most people will think first of a conventional bank loan when seeking financing to … Continue reading

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