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!
International Franchise Professionals Group (IFPG) and International Business Brokers Association (IBBA) Announce Strategic Partnership
November 1, 2016 –INDEPENDENCE, OH – The International Business Brokers Association (IBBA) and the International Franchise Professionals Group (IFPG), two of the industry’s largest organizations servicing individuals who facilitate business sale transactions, have aligned forces to bring their respective members additional value, including an IFPG + IBBA co-hosted Franchise Marketplace at the IBBA Spring Conference in May, 2017.“While the IBBA serves all intermediaries engaged in brokering businesses for sale, IFPG has a niche focus on providing brokers with the relationships, technology and tools to specifically facilitate the sale of franchise concepts,” commented Kylene Golubski, Executive Director for the IBBA. “Our collaboration with the IFPG will help our IBBA members understand and pursue franchise sales better, and ultimately increase their commission potential.”
Both franchise brokers and business brokers earn the majority of their income by placing clients into a business that aligns with their financial and lifestyle goals. Instead of focusing on just one or the other, the two organizations believe a broker’s income potential is maximized if he/she is equipped to facilitate both existing business and franchise sales. “This also allows the broker to truly provide business buyers with the best business opportunity that meets their needs and goals,” added Golubski.
With an emphasis on education, IBBA and IFPG will be providing their respective members with more information on how to take advantage of the resources and benefits offered by each organization. Additionally, the partners will host a special Franchise Marketplace exhibition event at the IBBA 2017 Spring Conference, whereby franchisors and franchise sales related service providers will connect directly with brokers from around the world.
“We are excited about this partnership with the IBBA and the opportunity to work with experienced IBBA brokers to help and support them in selling franchises. We were honored to be asked to partner with such a great organization,” said Don Daszkowski, an IFPG Founding Member.
The International Franchise Professionals Group (also known as IFPG) is a membership based organization that has more than 900 members. Our members consist of Franchisors, Franchise Brokers, Lenders, and other Franchise Professionals that help potential candidates in the process of buying a franchise. Hundreds of nationally recognized franchise companies have chosen the IFPG and its members to represent their brand; hundreds of experienced franchise consultants and brokers have chosen the IFPG to power their business.
The IFPG is a strictly membership based organization that does not participate in any referral fees from our franchisor members or our brokers, thereby allowing all of our members to work freely together. Much more than a network of franchise professionals, IFPG is a family of established, experienced, and highly professional members of the franchise industry. Many of our members contribute and educate other members which helps strengthen and educate the overall network. Since all of our members are already established many of them have 10-15+ years of franchise experience.
Founding Member, Don Daskowski has spent years studying the industry and implementing ongoing strategies that produce results for the IFPG members. With the use of technology, networking, events and proactive member support the IFPG has become the obvious choice for experienced franchise professionals.
The International Business Brokers Association (IBBA) is the largest international non-profit association operating exclusively for people and firms engaged in business brokerage and mergers and acquisitions. This association provides business brokers with education, conferences, professional designations, and networking opportunities. It awards the Certified Business Intermediary (CBI) certification as well as the courses and seminars required to obtain this certification. Formed in 1983, the IBBA has members across the world. For more information about the IBBA, visit the website at https://www.ibba.org/.
Independence, OH – December 7, 2022 – The International Business Brokers Association (IBBA), the world’s largest trade association for the business brokerage industry, is pleased to announce the individuals selected to receive this year’s Certified Business Intermediary® (CBI) Scholarships for 2023. “The IBBA scholarships are a great way for us to help support newer intermediaries […]
Independence, OH – October 4, 2022 –The International Business Brokers Association® (IBBA) is pleased to announce the four individuals elected by membership to serve on its board of governors for the January 1, 2023 through December 31, 2025 term: The Board also unanimously approved current board member, Pino Bacinello, CBI of Pacific Mergers and Acquisitions, […]