Business Broker Fails: How Bad CIMs Kill Deals

professional profile

November 05, 2025

by a professional from Bishop's University in Moncton, NB, Canada

***New Video Alert! This week, I’m digging into one of the most common frustrations I hear from business buyers — poorly prepared CIMs and business profiles. If you’ve ever tried to review a deal only to find missing financials, no balance sheet, or vague “adjusted income” numbers that make no sense… you’ll want to watch this one. In this video, I break down the top errors business brokers make when preparing SIMs, including: Missing balance sheets and working capital details No asset list or equipment valuation Sloppy or missing normalization adjustments And why not accounting for the owner’s time completely skews earnings Whether you’re a buyer trying to make sense of bad info or a seller who wants to present your business properly, this will help you understand what a real, professional SIM should look like. Watch the full video here: https://youtu.be/bKu7n20H750 #BusinessBroker #BuyASmallBusiness #SellYourBusiness #BusinessProfile #SIM #BusinessValuation #Entrepreneurship #DavidCBarnett
1
0
49
Replies
0
Join the discussion