Business Brokers Network
About
Business Brokers Network (BBN) and RWS Business Valuation Services (RWS) are well established businesses recognized nationally for our trained BBN Affiliation Members. BBN and RWS personnel focus upon sellable businesses which must be profitable and operating in a location and/or in an industry that appears to be trending profitable during the immediate future.
When struggling clients are encountered, BBN and RWS offer effective business consulting services via an affiliated business, Stoneleigh Business Advisors (SBA). Our objective in such situations is to allow the current business owner to achieve a profitable level of sales and industry targeted expense and profit margins that allows the business owner to continue operating the business profitably or to sell the business later.
Zack Tannery graduated from Texas Tech University where he earned a Bachelor's and Master's degree in Business Administration. Upon graduation, Mr. Tannery started his career as a CPA in Public Accounting with Arthur Young & Company, now Ernst & Young. He then joined Haggar Apparel Company in Dallas, Texas, where he advanced to Vice President and Financial Controller during his eleven year tenure.
He formed Tannery & Company, a firm of Certified Public Accountants, in 1976 and merged this business in 1989 with Pannell Kerr Forester, a worldwide firm of certified public accountants. He was a consulting partner in the Dallas office of Pannell Kerr Forester after the businesses merged.
He brokered his first business in 1977 and has since been active in selling and buying businesses. He has sold numerous businesses of various sizes with transaction values up to $50 million.
In 1999, Zack became an Affiliation Member of Business Brokers Network and he is a Certified Business Broker(CBB). In 2006 he was named Vice President of Affiliation Member Services and in 2009 was named Director of Affiliation Member Training. His primary responsibilities include:
Providing technical and consulting services to Affiliate Members,
Oversight and program content for for Affiliate Member Training, and
Helping develop professional and effective Affiliate Member Business Brokers.
In September 2009, Zack assumed the additional title of President of Business Brokers Network. His duties include Director of Affiliation Member Training and he continues to provide technical and consulting services to Affiliation Member Business Brokers and helps develop strong and effective Affiliation Member Brokers nationwide.
Zack Tannery MBA
President of BBN and RWS
Certified Business Broker (CBB)
Highlights
Photos and videos
No reviews (yet)
Frequently asked questions
What is your typical process for working with a new customer?
We prefer to schedule a meeting at our office to meet and become acquainted personally and to discuss the client's business to be sold and/or valued. Otherwise, we speak via telephone and exchange emails, texts and faxes after we agree upon compensation and expected dates to recieve the initial business financial statements and/or federal income tax returns. We follow established processes developed by BBN during the past thirty plus years; Since 1981.
What education and/or training do you have that relates to your work?
Almost all of BBN's and RWS's affiliation members and employees are college or university graduates and more than fifty-percent of them have earned one or more graduate degrees at major universities in the United States. Primarily, our business associates are experienced business people that have previously worked at a high level in a variety of significant businesses, mostly in the United States. Accounting, finance, economics, marketing, sales and business management are the important areas of experience and knowledge. Most of our affiliation members and others are retired or soon to-be-retired individuals eager to succeed in a new profession.
Do you have a standard pricing system for your services? If so, please share the details here.
Business Brokers Network (BBN) includes numerous Affiliation Members Nationally that pay BBN fees and commissions for training and BBN Personnel perform three major business functions as follows:
(1) Locate and recruit individuals we believe meet BBN's Membership qualifications as to experience and formal education.
(2) Guide and train Members to master and utilize important BBN Business Brokerage Processes developed Since 1981; and provides relevant Continuing Professional Education (CPE) to assist Members to close sales and earn significant Business Brokerage Commissions.
(3) BBN Personnel provides daily Business Brokerage Consulting Services focused upon locating, listing to sell and selling significant and profitable businesses operating in virtually any legal industry with a positive economic future.
How did you get started in this business?
Most members of my parents family were small business owners. I listened and observed their conversations and activities to become familar with their lifestyle and associated challenges. During my college years In worked in family businesses to pay expenses including living costs. During my years working in public accounting in Dallas, TX with inter- national accounting firms including eleven years working at Haggar Slacks (later known as Haggar Apparel Company) increased in size approximately five-hundred percent during my years there. I was fortunate to work with such a talented family business and successful business. I operated my CPA Firm thirteen years and my wife was my first employee and we grew to almost forty employees. In 1977 I assisted an accounting client to acquire a business in Dallas and thereafter was recruited by other ckients ti help sell their businesses. In 1981 I sold my first substantial business and collected a consulting and brokerage fee of almost $100,000 and in 1989 elected to brpker businesses only as my chosen profession. I was fortunate to work with several accomplished business owners that also allowed me to benefit from their mentoring abilities. Most of all I really enjoy my work and the people that I meet.
What types of customers have you worked with?
Since 1989 I have assisted business owners and/or business buyers to buy or sell over one-hundred businesses. The transaction prices ranged from $65,000 (a female owned dermitology salon) to over $50,000,000 (a fully occupied regional shopping center acquired by a NYSE firm based in Atlanta, GA. Both businesses sold were located in Dallas, TX.
Since 2006, I have assisted BBN Affiliation Members to sell businesses of various sizes located from coast-to-coast in the United States.
Describe a recent event you are fond of.
In 2012 our oldest son's three daughters all graduated from college on May 12, 2012, the birth date of mu deceased brother who was only eighteen months older than me. Our family was able to attend all three graduation services even though one graduation event was conducted at 10:00 am at the University of Oklahoma in Norman, Oklahoma. Another graduation event was conducted at 3:00pm at Southern Methodist University in Dallas, TX and the third graduation event was conducted at 7:30pm at Southern Methodist University in Dallas,TX.
All three of these graduates now live and work in Dallas, TX.
What advice would you give a customer looking to hire a pro in your area of expertise?
If possible discuss the pro with a business owner that the pro previously assisted and carefully assess th level of "Good Chemistery". A talented business broker can help the business owner/seller or business/buyer complete the closing on a business sale with substantially more cash when the transaction is properly structured.