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  • 8/10/2019 Media Kit Lisiten Associates

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    See why WABC77 Calls Lisiten Associates the #1 Business Broker in

    North America!

    Click this link to Watch the video: www.youtube.com/watch?

    v=mrGz7PsXyDw

    ________________________________________________

    Mel Lisiten on CEO Money

    Click this link to Listen to Mel Lisiten: www.wfn1.com/interviews/radio-

    interviews/radio-archives/mel-lisiten-from-lisiten-associates-business-brokers-

    on-ceo-money/

    http://www.wfn1.com/interviews/radio-interviews/radio-archives/mel-lisiten-from-lisiten-associates-business-brokers-on-ceo-money/http://www.wfn1.com/interviews/radio-interviews/radio-archives/mel-lisiten-from-lisiten-associates-business-brokers-on-ceo-money/http://www.wfn1.com/interviews/radio-interviews/radio-archives/mel-lisiten-from-lisiten-associates-business-brokers-on-ceo-money/http://www.youtube.com/watch?v=mrGz7PsXyDwhttp://www.youtube.com/watch?v=mrGz7PsXyDwhttp://www.youtube.com/watch?v=mrGz7PsXyDw
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    Our Listings Appear on up to 55 of the Following Global Websites

    And are translated into 10 Foreign Languages!!

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    CUCDS(China)

    BUYCO.CN

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    2010-2015 Lisiten Associates All Rights Reserved

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    For Immediate Release

    LISITEN ASSOCIATES BUSINESS BROKERS

    NAMED TO: DIVERSIFYBUSINESS.COMS

    TOP BUSINESS2013

    NEW YORK, NEW YORK, MARCH 2013

    Honors have been bestowed upon the nations finest and brightest

    entrepreneurs. In recognition of the momentous achievement,

    DiversityBusiness.com, the nations leading multicultural social media

    site, has recently acknowledged LISITEN ASSOCIATES as one of the

    NATIONS Top Businesses for 2013. This exclusive ranking is a

    reflection of LISITEN ASSOCIATES overall vision, leadership and

    economic accomplishments in moving our economy forward. The

    award, known as the Div500, represents the most unique class of

    forward thinking companies who have earned the distinction of fosteringa culture of sustainable growth among the communities they serve.

    SPONSORS

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    3 THEDAILYDEAL

    AYMONTHDATE2OO9

    Auction Block

    feature

    Fashiorirgthe art ofthe deal

    MeI Lisiten

    still hasdesigns

    n brokering

    M&A

    in

    l,{ew

    York

    andbeyond

    "It

    was almost impossible

    (before),"

    he recalls.

    Ifyou

    did three or four

    deals

    in a

    year,you

    were

    a

    miracle

    man."

    Lisiten

    is still very

    old-school.He

    still

    works

    the

    phone

    to

    interview

    clients.

    He also

    ries to

    get

    whatever

    documen-

    tation he

    can, such as

    business eceipts,

    tax returns

    or balance

    sheets.Anlthing

    to try to size

    up a

    potential

    buyer or sell-

    er. "Those who don't have the where-

    withal," he

    says,

    are

    weeded

    out."

    He

    believes such

    due diligence has

    become a lost

    art in the

    businessbro-

    kerage

    community.

    He fears

    that buy-

    ers and sellers may

    suffer from

    hav-

    ing

    brokers who lack

    the

    fundamental

    education-in finance,

    accounting,

    merchandising,

    marketing,

    importing,

    exporting and retailing-to

    handicap

    effectively the risk

    that often is

    inher-

    ent

    in

    an M&A deal.

    "The

    business

    brokering industry

    is

    not asorganizedas t shouldbe," Lisiten

    notes

    before criticizing how

    easy t is

    to

    become

    a certified

    broker.

    'You

    take

    a

    test and t's

    a

    oke."

    Lisiten himself

    doesn'thavea

    college

    degree.He

    attended New York

    Univer-

    sity briefly,

    and then

    dropped out

    ofthe

    Fashion

    nstitute

    of Technology.

    I

    was

    a

    rebel,"

    he

    says.

    He seemed

    o be

    going

    in

    a few dif-

    ferent

    directions

    all at

    once.

    By

    the late

    1960s,

    e was

    an executive or

    a sports-

    wear brand who

    had to arrange

    ashion

    shows

    n different

    states. t was

    during

    this

    time that he

    also became

    a

    real

    es-

    tate

    broker-and found

    himself

    trans-

    planted

    in Colorado.

    Lisiten

    started

    a company

    called

    Instahouse

    Corp.

    that

    purchased,

    eno-

    vated

    and urnishedhomes

    n the Rocky

    Mountain

    state.He

    sold he company n

    1978 or

    $4

    million

    and

    returned

    to

    New

    York. TWo

    years

    ater,

    a

    relative

    recom-

    mended Lisiten

    to

    a business

    owner

    who was

    shopping

    a chemical

    plant

    in Queens,N.Y.,but needed someone

    experienced

    enough

    to

    find

    the right

    buver.

    A

    funny

    thing happened

    to Mel Lisiten

    on

    his

    way to

    be-

    coming a fashion

    designer.

    He becamea businessbroker.

    Lisiten is

    7O

    years

    old now,

    but he

    hasn't slowed

    down abit. From

    his East

    38th St.

    office

    n

    the heart

    of

    Manhattan,

    the tanned,

    dark-haired Bronx

    native is

    still selling

    companies,one

    of which he

    wants to franchise

    nationally.

    Known as

    Mr.

    Corinthian"-he lives

    and works in The

    Corinthian Build-

    ing-Lisiten

    is

    busy these

    days

    rying

    to

    broker the sale

    of

    privately

    owned IE

    Industries Fashions

    nc. as well

    as the

    intellectual

    property

    of 1-Bo0-Brokers

    Corp. He's also

    working on selling Pets

    of NewHyde Park

    again-the third

    time

    in four

    years.

    That

    Lisiten is

    juggling

    so many

    mandates

    speaks

    o his adaptability

    to

    a

    new

    reality in

    the business

    broker-

    age

    business, namely

    that sellers

    can

    now

    upload registration

    forms from his

    Lisiten

    Associates

    Web site, horoughly

    explain

    how their

    businessesoper-

    ate

    and submit

    proof

    of their financial

    stability. In other

    words, his ability to

    screen

    and

    qualify

    clients has

    been

    fa-

    cilitated dramatically.

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    Lacking

    knowledge

    about

    chemi-

    cals, Lisiten

    remembered

    a

    lesson he

    learnedasan eight-year old at the knee

    of his

    uncle,

    Max

    Greenfield,

    a

    well-

    known

    investor

    who

    had

    a

    penchant

    for

    wearing

    three-piece

    suits

    in

    the

    summer

    (Greenfield

    was

    one

    of the

    de-

    velopers

    of the

    original

    pan

    Am

    build-

    ing

    now

    owned

    by Metlife.)

    Invest

    in

    what

    people

    want,

    he

    advised,

    and

    as

    an

    example,

    Greenfield

    told

    his neph-

    ew

    simplyto

    open the

    refrigerator,

    and

    tal

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    Thinking of Selling? Start Early, Build Your Team

    As 2018 looks to be a favorable M&A and Business Sale environment, many

    business owners may come to the conclusion that it is time to sell the family

    business. While it is true that some businesses sell as a result of an offer that

    comes out of the blue, the reality is that most sales occur as a result of a

    well-designed process intended to maximize value for the seller. Sellers

    should consider allocating considerable time preparing for a sale, sometimes

    as much as a year. A well- run sale process can take considerable time as

    well. The time is well-spent though, as thorough preparation and anorganized sale process typically lead to higher valuations and quality buyers.

    One of the most important things a business owner can do when preparing to

    sell a business is to assemble the right team of advisors. Having the right

    team in place prior to starting the sale process is one of the best ways toinsure both maximum value and execution certainty. The team should

    include an Attorney, an Accountant, a Professional Broker and a Wealth

    Manager. Begin with the Qualified Broker.

    Each advisor will play a key role in planning and executing the transactionand ensuring post-sale success.

    The sales team will provide critical advice on matters such as:

    - Conducting an initial diligence review that will identify gaps that need to

    be completed

    - Setting a realistic valuation on the business

    - Identifying potential buyers with a high likelihood of successful execution

    - Responding to due diligence and information requests from buyers

    - Structuring a transaction for tax and liability protections

    - Dealing with sale proceeds to ensure that a sellers post-sale goals are met

    2010-2018 Lisiten Associates All Rights Reserved

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    Building a team that the owner trusts and is comfortable with is essential,

    since that team will be providing critical advice and guidance on what is

    likely to be one of the most significant events in the business owners

    professional life.

    In the case of a family-owned business, in particular, the sale also may have

    wider-reaching effects on various extended family members whose personal

    and professional lives have been tied to the business, sometimes spanning

    many generations. So the principal owners may need to spend time

    preparing the family for the sale as well. It is also important to note thatwhile the sale planning and process is ongoing, someone needs to keep an

    eye on managing the business and making sure that it delivers the expected

    results. The right advisor team should free up the business owner andmanagement team to continue to execute on the business plan with minimal

    disruption. Keep growing the business as if you were not selling it!

    As we move into 2018, any owner that has an eye on selling should be

    thinking about putting the deal team together sooner rather than later in

    order to address any potential issues with the business (such as accounting

    issues that might need to be dealt with before getting too far into thecalendar). Businesses sell for many different reasons, for example, the

    buyer wants to add a product line, get access to a customer list, or own the

    intellectual property tied to the business. There is no single magic bullet

    or piece of advice that applies in all situations. But having a seasoned,

    experienced team in place to advise an owner is the best way to insure that

    the owner receives guidance that can be relied on so that the owner can

    make the best decisions around a sale.

    Mel Lisiten

    Founder / PresidentLisiten Associates

    2010-2018 Lisiten Associates All Rights Reserved

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    DIVISION OF MELRO ASSOCIATES LTD.

    MERGERS AND ACQUISITION SPECIALISTS

    BUSINESS TO BUSINESS BROKERAGE330 East 38th Street

    NEW YORK CITY, NEW YORK 10016TEL: 212 661-4160 FAX 646 390-5414

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    Why do the vast majority of M&Aand Investment Banker deals notclose? AND OURS DO!

    The answer is clear: Investment Bankers and M&AGroups often are not talking to the right buyer pool.They are not in the business of Marketing a business.

    They only offer up a book to their contacts-usuallyunder 300, without maintaining Confidentiality.

    Most M&A firms rely on limited or no formal datatooling. Those that do have data access generally relyon a single tool. Unfortunately, there is no single datatool that provides adequate coverage in the middlemarket - it just doesn't exist.

    LISITEN ASSOCIATES addresses that problemcompletely. We advertise on 51 websites globally and in7 Languages. This enables us to get the word outCONFIDENTIALLY and GLOBALLY all at once, withoutwasting Time and Money on a mostly useless and costlybook.

    LISITEN ASSOCIATES doesnt need to use a book toadvertise our presence. We are already advertisingeverywhere and are known by all of the Private EquityGroups, Family Investment Offices, High Net WorthIndividuals and Small Public Corporations, in additionanyone else in the World that happens to be looking fora business . We come up on top on all of the globalsearch engines.

    2010-2016 Lisiten Associates All Rights Reserved

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    Our Goal is to find the right buyer for a Business, as

    quickly as possible, with the right price and terms forthe seller. We work for the Seller! We diligently continueto Market the Business until it is SOLD!

    That is how we have become the Number OneBrokerage in our Space Between Main Street and WallStreet.

    Our Proprietary Systems and Outstanding ProfessionalTeam have enabled us to get to the TOP in ourprofessionAND WE AIM TO STAY THERE!

    MEL LISITENFOUNDER / PRESIDENTLISITEN ASSOCIATES

    2010-2016 Lisiten Associates All Rights Reserved

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    WWHHYYDDEEAALLSSFFAALLLLAAPPAARRTTLLOOSSSSOOFFMMOOMMEENNTTUUMM

    Deals fall apart for many reasonssome reasonable, others unreasonable.

    For example:The seller doesnt have all his financials up to date.The seller doesnt have his legal/environmental/administrative affairs up todate.The buyer cant come up with the necessary financing.The well known surprise surfaces causing the deal to fall apart.

    The list could go on and on and this subject has been covered many times.However, there are more hidden reasons that threaten to end a dealusually half to three-quarters of the way to closing. These hidden reasonssilently lead to a lack of or loss of momentum.

    This essentially means a lack of forward progress. No one notices at first.

    Even the advisors who are busy doing the necessary due diligence andpaperwork dont notice the waning or missing momentum. Even though aslow-down in momentum may not be noticeable at first, an experiencedbusiness intermediary will catch it.

    Lets say a buyer cant get through to the seller. The buyer leavesrepeated messages, but the calls are not returned. (The reverse can alsohappen, but for our example well assume the seller is unresponsive.) Thebuyer then calls the intermediary. The intermediary assures the buyer thathe or she will call the seller and have him or her get in touch. Theintermediary calls the seller and receives the same response. Calls are notreturned. Even if calls are returned the seller may fail to providedocuments, financial information, etc.

    To the experienced intermediary the red flag goes up. Something iswrong. If not resolved immediately, the deal will lose its momentum andthings can fall apart quite rapidly. What is this hidden element that causes aloss of momentum? It is generally not price or anything concrete.

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    It often boils down to an emotional issue. The buyer or seller gets what wecall cold feet. Often it is the seller who has decided that he really doesntwant to sell and doesnt know what to do. It may also be that the buyer hasdiscovered something that is quite concerning and doesnt know how tohandle it. Maybe the chemistry between buyer and seller is just not there

    for one or the other of them. Whatever the reason, the reluctant party justtries to ignore the proceedings and lack of momentum occurs.

    The sooner this loss of momentum is addressed, the better the chance forthe deal to continue to closing. Because the root of the problem is often anemotional issue, it has to be faced directly. An advisor, the intermediary orsomeone close to the person should immediately make a personal visit.

    Another suggestion is to get the buyer and seller together for lunch ordinner, preferably the latter. Regardless of how it happens, the loss ofmomentum should be addressed if the sale has any chance of closing.

    www.lisiten.com

    2012-2014 Lisiten Associates, All Rights Reserved.

    To read more Lisiten Associates articles and blogs visit us online at

    www.lisitenassociates.com

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    When is the Best Time to Sell a Business?By Lisiten AssociatesThere are many factors that determine best timing for selling a lower middle market

    business: the financial condition of the company, valuation, growth cycle, profit history

    and the current market.

    Usually, the best time toObtain The Highest Priceoccurs when sales and earnings

    are trending upward. A solid earnings trend will enable a buyer to pay a higher multiple

    and still meet his/her return on investment criteria. A history of good performance also

    gives the buyer confidence in projected future earnings.

    Valueis dynamic and proper timing makes a big difference in the prices paid for

    business acquisitions. External factors such as the economy, industry trends,

    competition, stock market volatility, investor confidence, interest rates and geopolitical

    considerations are cycles of constant change that impact value.

    Timing the Market for a Business Sale

    So how should you start thinking objectively about the best time to sell? A good visual of

    right-timing would be to imagine the life cycle of your business plotted as a bell curve

    with the peak being the top of the growth cycle. The top is when you have reached the

    flat plane of growth...a sustaining mode. Buyers pay the best prices when they can't seethe top, when the curve is still climbing upward. Once the top is visibly breached, buyers

    may pass on the opportunity or may pay prices based on a downward trend and a

    higher risk factor. If you wait until your revenues are already sliding over to the

    downside of the bell curve, you have waited too long. Your business has already started

    to retire before you have. To get the best deal, you have to sell on the way up.

    A Vibrant Acquisitions Market

    The market for selling mid-market companies will remain steady as baby boomers

    continue to retire over the next ten years. So NOWis the ideal time to exit before themarket becomes saturated with sellers all heading for the gates at the same time!

    Buyers in every category are looking for alternatives to traditional investment avenues.

    They are looking for stability, better predictability and control. Business acquisitions

    offer all of these and can also offer a better return on investment than other investment

    opportunities.

    To read more Lisiten Associates articles and blogs visit us online atwww.lisitenassociates.com

    2010-2016 Lisiten Associates All Rights Reserved

    http://www.lisitenassociates.com/http://www.lisitenassociates.com/http://www.lisitenassociates.com/http://www.lisitenassociates.com/http://www.lisitenassociates.com/http://www.lisitenassociates.com/http://www.lisitenassociates.com/http://www.lisitenassociates.com/http://www.lisitenassociates.com/
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    The Baby Boomer effect- WHY Right Now is the Time to Sell

    Your Business

    By: Lisiten Associates

    My advice is to never do tomorrow what you can do today. Procrastination

    is the thief of time and moneyCharles Dickens

    So you have thought about selling your business in a couple years? The

    Baby Boomer retirement trend is something definitely worth considering.

    Heres WHY.

    The Baby Boomers are turning 65 at a clip of over 18,000 per day. This

    trend will continue over the next 15 years. Professionals in the exit

    planning, business brokerage, and financial services industries have

    dubbed this TheTen Trillion Dollar Opportunity,because this will be the

    largest wealth transfer in the history of the United States. Just a few weeks

    ago BizBuySell.com said sales of privately owned businesses were up 54%

    in 2014 compared to the same time in 2013. This increase in business

    sales is unprecedented!! Retirement was the number one reason for those

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    sales in the fourth quarter of 2014, according to a survey by Pepperdine

    University and two trade groups.

    The U.S. isntgetting any younger. Another study conducted by the United

    States Census Bureau says that 18.4 percent of the population will be more

    than 65 years old by the year 2020, which is 34 percent increase from

    2000. Many of the Boomers are business owners. In fact 9 Million of

    Americas 15 million business owners were born in or before 1964,

    resulting in one business owner turning 65 every 57 seconds- and the

    potential for a MASSIVE flood of businesses for sale.

    Now think about it. Suppose you would like to sell your business someday.

    Would it be easier to sell NOW, or after 2020 when there will be a ton of

    gray haired entrepreneurs ALL looking to do the same?

    Only the savviest business owners are taking advantage of the current

    favorable market conditions- and they are cashing in BIG! With interest

    rates at rock bottom lows, low inflation, historically lower capital gains

    taxes, and higher overall business valuations now is the time to cash in and

    enjoy what you have worked so hard for. In Real Estate it is all about

    Location,Location, Location,in business it is all about Timing,Timing,

    Timing. If selling your business is in the cards for the future, do yourself a

    HUGE favor and start planning now. Make a plan to beat the inevitable

    oversupply of businesses coming to market. Owners selling now are doingthe victory dance; those that wait too long and fail to plan correctly will be

    doing the disappointment shuffle.

    I know this sounds cold but it the truth! We are experiencing it first hand

    and the latest data confirms it. If there was ever an ideal time to sell, now is

    that time!

    To read more Lisiten Associates articles and blogs visit us online atwww.lisiten.com

    2010-2015 Lisiten Associates All Rights Reserved

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    Selling your business?? Here is why you should never, ever

    negotiate the sale on your own!

    By: Lisiten Associates

    There is a saying in the legal profession Anylawyer that represents

    himself has a fool for a client.

    So you have made the decision that you want to sell your business. There

    are many questions to ask yourself and your professional advisors. One of

    the most important will be, do I need a Broker or Intermediary to help me

    sell my business? The answer is YES. There are some rare scenarios in

    which a broker is not needed to find a buyer but, an Intermediary (whether

    it be a Broker or Lawyer) is ALWAYS recommended when negotiating the

    terms and sale of a business. A smart seller will NEVER represent

    themselves in a transaction of this magnitude.

    Here is why: Picture two different football teams about to play each other

    on a Sunday. One team is from the NFL. The other team is a group of

    amateurs. The NFL team consists of professionals whose average height/

    weight is 66300lbs. They live, breath, and practice football every day.

    They watch hours of film and train religiously so that they are prepared for

    the perfect reaction to every play. These guys are like animals waiting topounce on the first sign of weakness! They have played in numerous

    games and instinctually know how to play every situation that results in the

    best outcomeforthem.

    The amateurs average 510and weigh in at 170 lbs and they have never

    played in anything more than a backyard scrimmage. Some of the players

    were athletes in high school or college but only a few actually played any

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    football. Although they have watched football on TV and understand the

    rudimentary strategies, their focus most of the time was directed at the

    cheerleaders and beer commercials.

    Who do you think will win this game? Well we all know the answer to that.

    The NFL team hands down!! The professionals have a ton of experience.

    The amateurs will have to make it up as they go. The amateurs would have

    to be borderline insane to even step out on the field with the professionals.

    This may not be the perfect analogy but, the majority of private business

    sellers face a similar situation all too often when it comes down time to sell

    their business. Valuing their companies, Confidentially Marketing them, and

    Negotiating the terms of the deal is all a first time experience. When selling

    what is most likely your most valuable asset, most will agree that its

    definitely not wise to learnas you go.Most will only have one shot at this,

    it is extremely important to get it right the first time. The buyers on the other

    hand are almost always experienced entrepreneurs especially in the lower

    middle market. (Lower middle market= E.V. of $5M to $50M). Many buyers

    in this niche have made acquisitions countless times and know precisely

    how to win big against the amateur. The amateur players will learn,

    painfully, usually after the ink is dry and the deal is closed.

    There are so many important factors to know when working on a deal. It

    just makes sense to hire a professional!! The second a seller opens hismouth, he or she is negotiating against themselves. Its a proven fact! Dont

    get talked out of millions or agree to terms that will haunt you for the rest of

    your life. Hire a professional intermediary- a shark! One that has done this

    100x more than the buyer has. A third party intermediary is necessary to

    keep the buyer honest and on his toes at all times. Thatshow you win and

    keep the playing field fair. My partners and I at Lisiten Associates are Top-

    Performing Business Brokers with 600+ deals and $3 Billion in transactions

    under our belts. This experience has given us streetsmartson how to sell

    lower middle market companies in a manner that is most favorable to you-

    the seller!

    To read more Lisiten Associates articles and blogs visit us online atwww.lisiten.com

    http://www.lisiten.com/http://www.lisiten.com/