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Los Angeles: Financial Statements can be Key to Higher Asking Price
California Association of Business Brokers offers introductory course

For Immediate Release
May 16, 2008

(San Jose, CA) – The sale price of a business is most often associated with the earnings of the business. For many California business brokers, taking a closer look at the income statement is leading to higher asking prices for their sellers.

The California Association of Business Brokers (CABB) will be presenting “Analyzing and Recasting Financial Statements.” The two-day, advanced-level course will be offered Monday and Tuesday, June 16-17, 2008 in Northern and Southern California. The course will be offered simultaneously at the Biltmore Hotel and Suites in Santa Clara, and the Grand Long Beach Event Center in Long Beach.

“As the economy tightens and more baby boomers look to retirement, business sales are becoming very competitive,” said Ron Hottes, president of CABB. “This course focuses on recasting financial statements to maximize company earnings while minimizing a business broker’s liability.”

The course, worth 16 credit hours for professional certification, is available to CABB members only, but new members are accepted. For more information on the course “Analyzing and Recasting Financial Statements,” or to register for the program, visit http://www.cabb.org.

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The California Association of Business Brokers (CABB) is a professional trade association dedicated to promoting the growth and professionalism of the business brokerage community within California. CABB is the largest organization of business brokerage and merger and acquisition specialists in the state, with more than 450 members. Founded in 1986, CABB was organized to recognize the professionals of business brokerage, to help educate the public on the benefits of using licensed intermediaries and to establish a code of ethics for all members.

Media Contact:
Susan Finco - Leonard & Finco Public Relations
(920) 965-7750 ext. 158

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Business Team is a unit of BTI Group and a member of the International Business Brokers Association and the California Association of Business Brokers. Business Team is the largest brokerage firm in the Western United States, with business brokers specializing in businesses for sale and selling businesses in Northern California, Southern California, Nevada, Missouri, and Washington, as well as, eCommerce and Internet businesses. Contact Business Team today!

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