San Diego, CA
Next Meeting
RESERVE A SPOT
Date:
Tuesday June 4, 2024 8:30am - 10:00am US/Pacific
Location:
Zoom
Agenda:

Guest speaker: Steven Hanson MBA CBI CBB .   Steven will be speaking on “What buyers look for in acquiring a business”.  

Much of the Blogs and Social Media posts discuss the Seller’s side of an acquisition.  Let’s take a look at what most Buyer’s are looking for when they review a business opportunity.  

Topics will include;

  • Strong Financial Performance – What effect Covid had on the business
  • Clear Documentation and Compliance – Good Books and records. Do they have a CPA. HR issues – W2 – 1099
  • Skilled and Committed Workforce – is the seller the face of the business, is there a team in place
  • Strong Customer Base
  • Recurring Revenue
  • Efficient Operations – rent is a key factor – often the second highest cost to operate the business
  • Growth Potential
  • Reasonable Valuation – is the seller being reasonable in the valuation – is a SBA loan possible

Today’s Buyers are educated and knowledgeable.  Many are starting a second career or are serial entrepreneurs.  Sellers and their representatives should be ready to support the financials with meaningful discussions and answers.


About our Speaker:
Mr. Steven Hanson is an owner of Transworld Business Advisors San Diego North. https://www.linkedin.com/in/steven-hanson/   https://www.tworld.com/locations/sandiegonorth/ 

He is a Certified Business Broker (CBB) and Business Broker Intermediary (CBI), concentrating on Main Street to Lower Middle Market for mergers and acquisitions. Proven leadership as a Divisional President in a Fortune 100 firm.  Known as a hands-on, results oriented business leader with a demonstrated track record including Directing the Sale of businesses, Exit Planning and fractional CEO.

Steven uses his background as a Fortune 100 Divisional President in the medical device field and as a founder of a small medical device company, to assist business owners in the preparation and sale of their business.  His knowledge base also helps new entrepreneurs as they seek and review business to acquire.

With over ten years of business broker experience and forty plus years in the medical device field, Steven brings a strong background in exit planning, negotiation, due diligence, and business development to his clients.

Steven is a member of The California Association of Business Brokers (CABB) and the president-elect and Treasurer and the International Association of Business Brokers (IBBA).

 

Meetings

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RSVP Subject
Date / Time
Attendees Status Suggested Donation  
Reserve A Spot What buyers look for in acquiring a business Jun 04
8:30am - 10:00am US/Pacific
4 Not registered Free
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Chapter Description

Welcome to the San Diego Chapter of The Financial Executives Networking Group (FENG), with almost 700 members, including San Diego residents and many remote members. We meet monthly via Zoom and give participants an opportunity to introduce themselves and provide speakers on topics relevant to financial executives. We hope to have in-person networking events in the near future.

This chapter draws from a deep and geographically diverse pool of senior management talent and financial disciplines. Out-of-town residents with an active interest in San Diego are welcome to join and attend any events.

San Diego FENG members benefit directly from Matt Bud’s Daily Newsletter, including meeting announcements and a featured editorial article of topical interest to financial execs. Senior level financial job postings around the world are available on this website in the Job Leads section on your dashboard.

Job Clubs are also available for those in active search mode - You have a unique and invaluable opportunity to connect with others, share insights and collaborate on innovative solutions to today’s challenges of job search. Through in-depth discussions with other FENG members interested in similar financial roles, you will stay updated on industry trends, exchange best practices, learn about new technology and create meaningful connections with other finance leaders in your club.

Meeting Dates, Time and Location
With rare exceptions, we meet via Zoom the first Tuesday of each month from 8:30-10:00 AM, with an August hiatus. Meetings begin with half an hour of news, announcements and personal introductions, followed by a guest speaker(s) on a topic of timely interest. Please check out the Meetings tab for a list of upcoming topics.
Members, prospective members and invited guests can register for meetings. If you are a non-member, please send an email and let us know who you are, who referred you and your interest in attending the meeting to:

Reuven Rubinson, CPA
San Diego Chapter Chair
[email protected]

About The FENG
The Financial Executives Networking Group is a 501(c)(3), founded in 1991 as a forum for senior financial executives to share job opportunities and experiences. Members have held titles such as Chief Financial Officer, Controller, Treasurer, Managing Director, as well as Vice President of Tax, Mergers & Acquisitions, or Internal Audit.

Please Donate to The FENG
The FENG is NOT a fee for service organization - We live on voluntary contributions. This approach to funding our operations is part of the spirit of that makes our “circle of friends” work so well. Although we do have an army of volunteers, we still need cash to support our considerable out-of-pocket expenses. If you can afford to, please make a voluntary contribution from time to time - Any amount you can contribute is fine. We do not seek to create a financial burden for anyone - Donate what you can and when you can. To pay by credit card, go to the donations tab on your dashboard of this website and follow the instructions to donate.

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Member Stats

Total Members 686
Alumni (57%) 394
Active (39%) 269
Associate (1%) 2
Retired (3%) 21