IBBA Insights Winter 2024

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WINTER 2024

Dear IBBA Members, Friends and Colleagues:

I recall twenty-plus years ago, fellow members asking

the questions: “How can we create a greater awareness

that we exist?” and “How do we make more sellers

aware of us and how important our role is?” These

questions have continued over the years and we still

hear them today. But the IBBA has been listening, and

has begun to answer.

Following groundbreaking research into the

perceptions of small business owners, IBBA embarked

on the most significant investment in its history to

begin closing this knowledge and awareness gap

that exists. Clearly, many small business owners

underestimate the complexities involved with selling

a business (o�en to the detriment of themselves,

their employees, and their communities), and/or they

don’t know that a Business Broker is the professional

advisor they need.

To overcome this, IBBA partnered with a professional

digital marketing firm to create and launch

SellYourWay.org, a not for profit, educational website

for business owners that seeks to empower them

with accurate and valuable information on how to

successfully transfer business ownership ( and why

a Business Broker is an essential piece of the puzzle).

So far in 2024, IBBA has invested $235,687.56 in the

campaign and is prepared to invest another $250,000

in 2025.

A MULTIFACETED APPROACH TO EDUCATION.

This initiative is comprehensive, incorporating a

wide array of resources designed to reach business

owners where they are. Experienced members have

developed (and hoping that many more of you will

continue to develop) a series of white papers that

delve into critical topics such as business valuation,

ownership transition, retirement planning and

more. These documents are not only informative

and educational but also practical, offering actionable

advice that business owners can apply to their own

situations. Through quality education they then

begin to understand that Business Brokers are the

credible and trusted advisor they need.

In addition to white papers there have been

newsle�ers, social media posts and press releases

to promote the education and drive visitors to the

website. Once there, they can dive into additional

content, navigate thru the interactive Business Sales

PINO BACINELLO

CBI, MCBI, M&AMI | 2024 IBBA Chair

Looking Back, Moving Forward:

A Journey of Growth and Togetherness

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