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What’s Behind the "CBI"
Why use a CBI Professional?
Buying or selling a business is one of the
most crucial transactions of your life. As a business owner, you probably
have, or will have, a good portion of your assets in your business or
professional practice.
When the time comes to buy or sell a
business, you need the best representation possible. By using the
expertise of a CBI, you will be working with a professional who fully
understands the purchase and sale process and brings significant value.
This complex process is simplified and
completed in a manner that will bring you optimum value and peace of mind.
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Certification
CBI - KNOWLEDGEABLE, EXPERIENCED, ETHICAL
AND COMMITTED. |
What is
the CBI? Certified Business
Intermediary (CBI) is the designation awarded by the International Business
Brokers Association (IBBA) to members that have satisfied the educational
requirements and conform to the ethical standards of IBBA.
A CBI is an experienced, proven
professional whose claim of competence is supported and documented.
With the proven skills necessary to handle the marketing, negotiations and
complex details involved, a CBI can successfully complete the purchase or
sale of your business.
A CBI has these distinctive credentials:
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A higher level
of education and training. |
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Professional
affiliation with hundreds of other intermediaries on the local, national
and international levels. |
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The most
current industry information with respect to taxes, investment,
legislation and other areas of critical importance. |
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A "CBI" Code of Ethics
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This Code
of Ethics was enacted by the Board of Directors of the International
Business Brokers Association and is part of the bylaws of the association.
This Code is for the use by all members of the association as a means of
establishing a uniform standard of conduct for business brokers. We
adhere to the ethical principles of business and believe the investment,
risk and effort required to build a profitable going business or enterprise
deserves a fair evaluation and a straightforward, professional, and honest
presentation to both seller and buyer.
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Standards of Competence
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What are
the CBI Requirements?
Education - A CBI must complete a minimum of 60 class hours of business
brokerage courses offered exclusively through the IBBA. A CBI must
demonstrate an ongoing commitment to professional development through
continuing education and periodic recertification.
Experience - Competence in the
application of knowledge gained through practical experience. A CBI
must have a combined minimum of three years experience and education in
business brokerage.
Knowledge - A high degree of
knowledge garnered through the completion of required courses and the
passing of its respective examination.
Examination - The successful
completion of a comprehensive examination.
Ethics - A thorough knowledge of,
and loyalty to, the IBBA's Code of Ethics. |
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The Mark of Excellence
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Every CBI has undergone a specialized course of detailed training, aimed at
making the process of buying or selling a business as smooth and worry-free
as possible.
A CBI brings special qualifications to your needs:
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Membership in the IBBA, an international association
serving the business brokerage industry. Every CBI is party of a
network of professionals. |
| Successful completion of the courses
leading to the Certified Business Intermediary designation - one of the
most successful intermediary educational programs in the world.
Every CBI is a professional equipped with special expertise as a result of
advanced study in listing, selling, investment, taxes, valuation and more. |
| A history of demonstrated sales
performance through the documented execution of business sales
transactions. |
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See also:
Lee James Profile, Certified
Business Intermediary
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Send us
questions or comments about this web site.
Lee James & Associates, 9 Wedge Way, Littleton, CO 80123, Office: (877)
738-9140, Fax: (303) 738-1009
Copyright © 1999 Lee James & Associates
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