The M&A Source recognizes local Business Broker, Khaled Baranbo
Oakville, Ontario – The M&A Source has recognized Ontario Commercial Group’s Khaled Baranbo, Business Broker and M&A advisor, with the Executive Club Award for outstanding performance in 2023 as part of its annual Member Awards Program.
“It is a tremendous honor to be recognized by The M&A Source with the Executive Club Award. This achievement is a testament to the hard work and dedication of our team at Ontario Commercial Group. We are committed to delivering exceptional service and results to our clients, and this award motivates us to continue striving for excellence,” said Khaled Baranbo of Ontario Commercial Group.
About Ontario Commercial Group
For over 20 years, Ontario Commercial Group has been advising and guiding entrepreneurs and business owners with unbiased opinions to help them grow their businesses. Specializing in mediating transactions of privately held companies valued between $250K and approximately $10M, Ontario Commercial Group employs effective business selling systems to help business owners maximize shareholder value during the sale of their business. Coupled with their rigorous pre-screening and pre-qualifying process of potential buyers and a proprietary buyer database, they are uniquely positioned to meet the needs of small to medium-sized businesses in Ontario. To learn more, visit www.ontario-commercial.com.
About the M&A Source
The M&A Source is the leading professional trade association for lower middle market business intermediaries. With an emphasis on education and excellence, the M&A Source provides professional education, networking opportunities and events focused on the lower middle market community and awards the Merger & Acquisition Master Intermediary (M&AMI) designation to qualified individuals. To learn more visit www.masource.org.
Read MoreInternational Business Brokers Association recognizes Khaled Baranbo
Oakville, Ontario – The International Business Brokers Association (IBBA) has recognized Khaled Baranbo with the IBBA Platinum Chairman’s Circle Award for outstanding performance in 2023 as part of its Member Excellence Awards Program.
“This year’s award recipients have distinguished themselves through their exceptional professionalism and performance”, stated IBBA Chair of the Board, Pino Bacinello. “As an award recipient, Khaled is acknowledged as contributing vastly to our profession. His significant contribution has earned him well-deserved recognition for his outstanding leadership, impact, and dedication to our industry.”
“I am deeply honored to receive the IBBA Platinum Chairman’s Circle Award. This recognition reflects the collective efforts of our team at Ontario Commercial Group. We are committed to upholding the highest standards of professionalism and excellence in the industry, and this award inspires us to continue making a positive impact in our field,” said Khaled Baranbo of Ontario Commercial Group.
For over 20 years, Ontario Commercial Group has been advising and guiding entrepreneurs and business owners with unbiased opinions to help them grow their businesses. Specializing in mediating transactions of privately held companies valued between $250K and approximately $10M, Ontario Commercial Group employs effective business selling systems to help business owners maximize shareholder value during the sale of their business. Coupled with their rigorous pre-screening and pre-qualifying process of potential buyers and a proprietary buyer database, they are uniquely positioned to meet the needs of small to medium-sized businesses in Ontario.
To learn more, visit www.ontario-commercial.com.
About the International Business Brokers Association (IBBA)
Formed in 1984 and with nearly 3,000 members, the International Business Brokers Association (IBBA) is the largest international not-for-profit association for Business Brokers. The association provides Business Brokers with education, free benefits, conferences, professional designations, support programs, and networking opportunities and awards the Certified Business Intermediary (CBI) designation to qualifying Business Brokers.
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Cultivating Success: The Impact of Business Brokers on Closing Rates
Business brokers and M&A advisors consistently improve closing rates. There are many reasons why this is the case and, in this article, we’ll explore some of the top reasons why brokerage professionals get results.
When selling a business, a few variables are as important as how your business is presented. A key area of expertise for business brokers is in presenting businesses. There are many factors to consider when presenting your business in the best possible light. An experienced business broker can help you prepare your business for even the most discerning buyer.
Another key reason that business brokers are a great option for any seller is that they reach more and more qualified buyers. Brokerage professionals have years of experience in buying and selling businesses, and with that experience comes a long list of vetted buyers. When you start working together, they likely already have many qualified buyers in mind that they feel would be a good fit for your business.
Sellers should consider working with a business broker or M&A advisor because they are invested in your success. When your business is sold, these professionals stand to profit. In this way, selling your company becomes a team effort that you can expect them to take seriously. After all, they only get paid if you get paid.
Selling a business is very complex, even for those with the most experience. Rules, regulations, negotiation hurdles, and more must be navigated. Everything from government regulations to spouses with different opinions can, and do, play a role. An experienced business broker or M&A advisor has the experience to find solutions to almost any negotiation obstacle.
One of the most important reasons sellers should work with a business broker or M&A advisor is to gain focus. As the owner of your business, you have no choice but to stay focused on the day-to-day operation of your business. Far too often, owners place their business for sale and then become preoccupied with the sales process. Sadly, this can lead to a loss of revenue and overall business disruption, which in turn, decreases the value of the business.
Working with a business broker or M&A advisor is an easy, proven way to dramatically boost your odds of achieving a successful sale. When all the variables are combined, it is easy to see why sellers who choose to work with a brokerage professional consistently enjoy high closing rates.
Copyright: Business Brokerage Press, Inc.
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Strategies for Maximizing Market Dominance: Key Steps to Boosting Business Value
At some point, you will need to sell your business. When the time comes to put your business on the market, it is in your best interest if your business has a dominant position in the market. Potential buyers will be far less excited about your business if you are playing catch-up to one or more competitors. In the end, maintaining a dominant market position will help you receive both maximum interest and top dollar for your business.
Table of Contents:
- Take Steps in Advance
- Boost Your Customer Base
- Have A Growth Mindset
- Gain a Realistic Understanding of Your Business
Take Steps in Advance
Preparing your business to be sold isn’t something that you do overnight. Instead, preparing your business for sale is a process that can take years of meticulous planning. Operating your business as though you will need to sell it soon is always a smart strategy.
Boost Your Customer Base
A key part of maintaining a dominant position in your market is to have a large number of customers. The logic is simple: if you have a large number of customers, then it only makes sense that your competitors have fewer customers.
A prospective buyer will find your business more interesting when you have a wide and varied customer base. Conversely, a business that depends on just a few large customers may make buyers nervous. The built-in vulnerability of having a handful of key customers will send many prospective buyers looking for the exit ramp.
Have A Growth Mindset
Achieving a dominant position in the market means that you are always thinking about growth. You must consider how to expand your business in both the short term and the long term. Additionally, it is important to realize that different strategies are needed for both short-term and long-term growth. You should always have a growth plan ready to implement.
Gain a Realistic Understanding of Your Business
Whether you have achieved a dominant position in your market or are striving to do so, you must understand your business’s strengths and weaknesses.
Far too many business owners turn a blind eye to the weaknesses of their business or overplay its strengths. One way to better understand these aspects of your business is to work with a business broker or M&A advisor who can evaluate your business from an outside perspective.
You want prospective buyers to be excited about your business and its potential for the future. Demonstrating that you have a dominant position in your market and that your business has room for potential growth will dramatically increase buyer interest and enthusiasm. Business owners looking to achieve top dollar will want to take the necessary steps to achieve a dominant position in the market.
Copyright: Business Brokerage Press, Inc.
The post Strategies for Maximizing Market Dominance: Key Steps to Boosting Business Value appeared first on Deal Studio – Automate, accelerate and elevate your deal making.