Transferable Value for DBE Firms

The Fall 2018 issue of American DBE Magazine published an article titled “Transferring DBE Ownership,” which discussed how to transfer a certified ACDBE/DBE firms to new owners, while maintaining the company’s certification as a Disadvantaged Business Enterprise.

This article offers some additional considerations when transferring the ownership of a business to new owners. For that process, here are six questions that need to be answered:

1. Why are you transferring the company?

2. Who are you transferring the company to?

3. When should the transfer take place?

4. How should the transfer be completed?

5. How much of the business will be transferred?