With the Holidays upon us, we're in the season of goodwill and good tidings. With that segue, we at CBB wish goodwill value in the small to midsize business arena of manufacturers, wholesale and distribution companies, service business, restaurants, and that much of their value is not to be found in its hard assets such as the fixtures and equipment, but in the intangible assets that create its sustainable income.

Essentially, goodwill is the life force of your business. Tangible assets are just "stuff." Uncle Sam even gives you a gift of lower taxes when you are able to allocate a good lump of the business value as goodwill because the proceeds will be taxed as capital gains when it is sold.

Goodwill is defined as the established reputation of a business regarded as a quantifiable asset and calculated as part of its value when it is sold. But how buyers judge that reputation and ultimately gain perspective of those aspects of the business is how much cash flow it generates and the expectation of continued increase in sales and good profits. Is valuing goodwill a science? Is it an art? In reality, both science and art play a role, as valuing goodwill often represents one of the most challenging (and debated) elements of formulating a business valuation for sale purposes.

Buying or selling a business during the festive season can often prove to be very good timing.

Wishing you much joy and happiness this holiday season. May the New Year 2021 bring success and prosperity. We are looking forward to doing business with you in the coming year.

The lack of financial integrity is one of the most common hurdles encountered during the process of selling a small business. What is being bought or sold is primarily a future stream of income. Not the assets or property of the business, but the income these assets will generate in the future.

Since future income is impossible to definitively compute and hard to estimate, the company's financial history, at least, provides concrete facts and insight to future performance. So, reliable financial records are not only a critical element of business management but also support the business' historic profitability, operational efficiency, and its solvency.

Successful, full-service commercial sign company in business since 1995 in Bryan/College Station area and manufacturing is done in-house. They are licensed to perform electrical sign service, repairs and installations. Additionally, they have the most experienced and qualified vehicle graphics and wrap technicians in the market and they are a 3M Facility. They realize sign making is more than a process - it's an art. They take great care in designing and creating high-quality, high-impact signs tailored to meet clients’ individual needs. Using the highest quality materials and the best technology available, their state-of-the-art equipment ensures that signs will be manufactured to meet exacting specifications. From banners, awnings, and engraved signs to digital signs, pylon signs and vehicle wraps, this company handles it all. Customers can also easily order online on their ecommerce website.

Have you been at a job for a few years, but think you want to be your own boss? One way to achieve this is by owning a business.

You might not have the stamina to start a company from scratch. However, you can buy a business that already has credibility and make it your own.

Before you look for companies to buy, there are some key things to understand. For most, this will be a large investment, so you want to make the best choice. Here's what you need to know when buying a company. Seek out businesses that align with your passion.

Have you been at a job for a few years, but think you want to be your own boss? One way to achieve this is by owning a business.

You might not have the stamina to start a company from scratch. However, you can buy a business that already has credibility and make it your own.

Before you look for companies to buy, there are some key things to understand. For most, this will be a large investment, so you want to make the best choice. Here's what you need to know when buying a company. Seek out businesses that align with your passion.