Dear Members,

Chair’s Letter
I hope this message finds you well and that 2025 is off to a strong start for you, both personally and professionally. It’s been a busy and productive year for the Business Brokers of Florida, and I’d like to share some important updates with you.
Annual Meeting – September 19, 2025
Please mark your calendar for our Open Annual Meeting, which will be held on Friday, September 19th at the Hilton Garden Inn, SeaWorld in Orlando, Florida. This is your opportunity to voice your opinion, participate in key discussions, and help shape the future of our association. During the Annual Meeting, nominations will be finalized for elections to all District Offices. Your involvement is vital, and I encourage everyone to participate.
IBBA & BBF Advocacy Efforts
We are also working closely with the IBBA and other State Business Broker Associations to address some recent changes in the SBA’s new Standard Operating Procedures that have impacted on how SBA loans apply to our transactions. Among these are the full standby requirement on seller debt, the new personal guarantee requirements for sellers, and the restrictions on seller involvement post-closing—all of which can limit the flexibility and practicality of transactions. In addition, we are strongly advocating raising the SBA loan cap to $10 million, which would allow greater access to financing and help fuel more successful transactions in today’s market. I want to recognize Senator Markey from Massachusetts who is leading the charge on this initiative. Together with state associations across the country, we are uniting to ensure that the voice of business brokers is heard in Washington.
Save the Date – 2026 BBF State Conference
I’m excited to announce that plans are already underway for our next BBF State Conference! The dates are August 26–29, 2026, and we’ve signed the contract to host the event at the Hilton West Palm Beach. Please put this on your calendar—it promises to be an outstanding event with education, networking, and collaboration at the forefront. More details will follow soon.
Scholarship Opportunity
Don’t forget that BBF provides scholarships for children and grandchildren of our members. The application deadline has been extended to August 31, 2025. If you have a student heading off to college, be sure they submit their application and take advantage of this great benefit.
The Power of Collaboration
Finally, I want to emphasize one of the greatest strengths of BBF: our ability to collaborate with one another. Brokering deals alongside other BBF members not only expand opportunities for our clients, but also reinforces the professionalism and credibility of our association. Together, we are stronger, and that spirit of cooperation is what makes BBF the respected organization it is today.
Thank you for your continued support and dedication. I look forward to seeing many of you at our Annual Meeting in September.

Paul McNally
Chairman, Business Brokers of Florida®