CABI Co-Broker Organization Committee Meeting, March 25, 2014

By Dennis Smith, CPA CExP CVA CBI CABI President-Elect and Board Member Date: Tuesday, March 25, 2014 Time: 11:00 a.m. to 1:00 p.m. Location: Accounting For Success 116 Inverness Drive East, #205 Englewood, CO, 80112 303-799-9111 x203 Map & Directions CABI is organizing the platform to support a more efficient business-broker marketplace. The marketplace where business buyers and sellers will more easily find each other, and the brokers to support them. A more efficient market means better … [Read more...]

Letter Of Intent Template

Julian Izbiky (CABI Sustaining Sponsor and Attorney) has offered to share a Letter of Intent (LOI) template with the LinkedIn CABI Group for comment.  You can contribute your comments here on LinkedIn. As you may know, several co-brokering initiatives are in the works, both within CABI and outside of CABI. A common theme is the desire for standardized forms to facilitate transactions. Please review the template and provide any comments, changes, improvements that you have on LinkedIn.  If you … [Read more...]

CABI 2014 Spring Conference, March 12, 2014

        (Make Payment Below)   RAFFLE DETAILS Congratulations To The Winners! 1st Prize: Paid Registration To A 2014 IBBA Conference (Spring or Fall - $625 Value) Winner - Ron Woolworth, MRW & Associates, Inc. 2nd Prize: Paid Tuition To A 2014 IBBA Course In Denver (8 Hour - $245 Value) Winner - Ron Brasch, The FBB Group, Ltd. 3rd Prize: Paid Tuition To A 2014 IBBA Course In Denver (8 Hour - $245 Value) Winner - Ken Galecki, The … [Read more...]

CABI Annual Membership Meeting – January 22, 2014

  Yes, I will attend the meeting No, I will NOT attend the meeting   Details Cost: Free for CABI Members/$25 for Non-Members (Free for 1st Time Guests)Renew Your Membership For 2014: Click HereDate: Wednesday, January 22, 2014Time: 5:30 p.m. to 8:00 p.m.Location: Red Lion Hotel Denver Southeast3200 South Parker RoadAurora, CO 80014303-695-1700Map & Directions Agenda 5:30 p.m. to 6:30 p.m. - Dinner Buffet & Cash Bar6:30 p.m. to 7:00 p.m. - CABI Business7:00 p.m. to 8:00 … [Read more...]

Ron Chernak Presented With IBBA’s Tom West Award

November 19, 2013.  The Tom West Award was presented to Ronald V. Chernak, CBI, M&AMI, Fellow of the IBBA, at the IBBA and M&A Source Fall Conference in Savanna, GA. Ron is the President of The FBB Group, Ltd., (formerly First Business Brokers, Ltd.), located in Colorado Springs, CO.  He is also a principal in Corporate Finance Associates (CFA) Colorado, LLC.  He has served as the Chairman and/or Director of the Board for numerous business brokerage committees and organizations, … [Read more...]

2014 IBBA Spring Conference – Las Vegas

    Details Dates: June 2 through June 7, 2014Location: The Cosmopolitan of Las VegasContact: The IBBA conferences feature educational workshops, networking events, keynote presentations and a trade show. The IBBA also offers a variety of courses required to obtain and maintain your CBI or for general brokerage training. Click here for more information! … [Read more...]

Support HR 2274 Broker-Dealer Law

Colorado Association of Business Intermediaries Broker-Dealer Alert! (HR 2274) Message From The President Of CABI CABI Members, We discussed the importance of HR 2274 at our conference last week. I wanted to follow up to make sure you knew how you could support the effort. This bill would allow us to act as M&A brokers in effecting the sale of businesses. It would NOT allow us to raise capital or conduct an IPO … [Read more...]

Colorado Approves an Exemption from the Broker-Dealer Registration Requirements

EXEMPT:"A person who acts as a business broker with respect to a transaction involving the offer or sale of all of the stock or other equity interests in any closely held corporation provided that such stock or other equity interest is sold to no more than one person, as that term is defined in the Act."- As quoted from 3 CCR 704-1:51-2.1.1 Paragraph B.  Effective date of October 15, 2013. From an email written by Mike ErtelCo-Chair, AM&AA Licensure Task Force:TO: ALL SPONSORS OF AM&AA’s … [Read more...]

Colorado Proposes an Exemption from the Broker-Dealer Registration Requirements for Business Brokers – August 26, 2013

By: Trevor Crow, Dufford & Brown, P.C. The Colorado Division of Securities recently issued a notice of a public hearing, which is being held to amend Rule 51-2.1.1 to exclude business brokers from the definition of “Broker-Dealer” as that term is defined under the Colorado Securities Act (C.R.S. § 11-51-201(2)). The proposed amendment to Rule 51-2.1.1 adds a new Section B to the current rule. The new Section B is provided below. A full copy of the current Rule 51-2.1.1 is here. Rule … [Read more...]

Julian Izbiky Interviewed By Denver Business Journal

Dateline: February 15, 2013 Julian Izbiky of Izbiky & Associates, who is a CABI Sponsor and transactions attorney, was interviewed by Heather Draper of the Denver Business Journal about business owners in their 60's who are cashing out and selling their businesses to 40-somethings. Read the article entitled: "Boomers cashing out, 40-somethings cashing in." … [Read more...]