IN THIS ISSUE: Remembering Tom West, “What a Flight It’s Been” Letter from the 2022 IBBA Chair. Plus, Marketing Opportunities for Business Intermediaries, Best Practices in Specialization, Establishing Realistic Asking Prices, Working with Brokers, Legislative Updates, and more!
IBBA Partners With PeerComps for Member Benefit
May 25, 2016 – INDEPENDENCE, OH – The International Business Brokers Association (IBBA) has announced that IBBA membership will now include unlimited access to PeerComps’ business valuation tool and comparable transaction database, beginning June 1, 2016.
“We wanted to enhance the IBBA membership value proposition with something that the business broker uses every day, and the retail value of which is greater than the price of IBBA membership,” stated Scott Bushkie, the IBBA’s Chairman. “Through our partnership with PeerComps, IBBA members will now literally SAVE money by joining the IBBA, while gaining access to two must-have resources for a successful brokerage practice.”
IBBA members will be able to access PeerComps’ database of comparable transaction data gathered from national, regional and local SBA lenders across the United States. The data encompasses all major industry classifications and includes specialized industries such as professional practices, franchises and online businesses. Additionally, IBBA members will have unlimited access to the PeerComps business valuation tool, capable of delivering a reliable business valuation in 15 minutes or less.
“PeerComps is excited to partner with the IBBA,” stated Lori Mize, PeerComps’ Managing Partner. “We believe this strategic alliance will give IBBA members access to the most reliable and unbiased business comps available, along with the ability to create dependable and accurate business valuations for each and every listing.”
“I commend our Board and management for making member benefits a focal point this year, and really taking action to make this happen. PeerComps is a great company to collaborate with, and we’re really excited to support their success as well,” commented Bushkie.
About The International Business Brokers Association (IBBA)
Founded in 1983, the IBBA is the largest non-profit association specifically formed to meet the needs of people and firms engaged in various aspects of business brokerage, and mergers and acquisitions. It awards the prestigious Certified Business Intermediary (CBI) credential to those intermediaries who uphold the highest standards of professionalism, excellence and ethics. Additionally, the IBBA provides education, conferences and networking opportunities for its members, and delivers the quarterly Market Pulse research report to industry. For more information about the IBBA, visit the website at www.ibba.org.
About PeerComps, Inc.
Launched in 2008, PeerComps, Inc. was established to provide business intermediaries, valuation professionals, accountants, attorneys and other business advisors the most reliable and dependable information possible on comparable business transactions. The company was created by Accredited Senior Appraisers, Steve A. Mize and Darren Mize, who in 2014, added a business valuation tool as a means to give PeerComps’ members, the ability to perform accurate and dependable valuations. For more information about PeerComps, visit the website at www.peercomps.com.
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