Become a Certified Business Broker (CBB)

In order to hold the CBB designation, an active member of CABB must complete the following requirements.

Initial CBB Certification Requirements:

  1. Membership in CABB and Agreement to uphold Association Code of Ethics
  2. Completion of CABB 101 AND CABB 201
    • CABB 101: Members who have other certifications or experience may waive CABB 101 CABB 101 Waiver Form
    • CABB 201: Members who have completed IBBA 210, 220, AND 221 or hold an active CBI may waive CABB 201
  3. Proof of selling 5 business transactions (not Real Estate) that have successfully closed within the past 4 years - Download Transaction Proof Template.
    • Closed Transactions must meet one of the following criteria:
      • Minimum gross transaction amount (purchase price) of $100,000
      • Minimum gross success fee/commission to broker of $10,000
  4. Attendance at 2 industry conferences in the past 4 years (CABB, IBBA or M&A Source), minimum of 1 CABB Conference
  5. Completion of the CBB Application and $50 Application Fee

 

Regular CBB Requirements

Have completed IBBA 210, 220 & 221 or hold an active CBI designation

Active CABB Membership

required

required

CABB 101

required

Option to Waive with additional requirements

CABB 201

required

Option to Waive with proof

5 Closed Transactions

required

required

2 Conference Attendances

required

required

Application Fee

required

required


Online Application for becoming a CABB CBB

Download PDF Application for becoming a CABB CBB

What A CBB Says