Meet the New AIBB President Andrew Morris

by Caitlin Mary 28th of November, 2022
Meet the New AIBB President Andrew Morris
Meet the New AIBB President Andrew Morris

It’s a new chapter and a new direction for the Australian Institute of Business Brokers (AIBB) marked by the appointment of a new president, Andrew Morris.

Andrew has an extensive career in business, with a background in senior management and has been working for the last 10 years as a qualified business broker. As a successful business owner and broker in his own right, Andrew said he is “proud to be in this role” as president of the AIBB. 

“As my daughter said to me, you’re coming to the end of your career, you have got to put something back in. I was never trained to be a business broker, I was always trained to be the managing director of companies, business broking was suddenly thrust in front of me.”
 

“I’m enjoying the opportunity because it brings me back into that management background that I’ve got,” Andrew said.

Comfortable in his role, Andrew said that moving forward the AIBB want to primarily focus on education and training.

“We’ve got to build it into a larger membership… education and training is a key part of what the ABB is about and you’ve got to keep that education and training in a fun situation so look, there all important aspects of where we’re heading.”

“Education and training can be a boring topic, but part of what we’re looking at doing from a board perspective, they’re doing the numbers at the moment to put an invitation out to our members to do an education and training trip to the US for their national conference, for the business broking forum.”

“So it’s not just a matter of ‘go and do a 3-hour module and learn this’ we’re trying to look outside of the box to make it more interesting for the members,” Andrew said.

There are many benefits to being a member of the AIBB ranging from access to resources, educational opportunities and more:

  • Education and training events

  • Online forums and discussion boards (with an option to join special interest groups)

  • Business Broker Licence requirements

  • Bizstats

  • Member discounts for training and education events

  • Networking opportunities via local meetings or the annual conference

  • Certified Practicing Business Brokers (CPBB) Accreditation

  • Registered Business Brokers (RBV) Accreditation

  • Professional standards, skills and education

  • Tools, templates and forms

  • Keeping members informed: newsletters, blogs and webinars

 

“Education is so important, you don’t want to be stuck in a position where you are broking illegally. We are setting up an area where we will be monitoring these situations where brokers who are unlicensed and promoting and selling into other states, we’ll be taking that back to the office of fair trading,” Andrew said.

As Kevin Lovewell, chair of the AIBB Education and Training Committee told Bsale back in June:

“We seek to expand our knowledge to those who may not necessarily be members because we do believe that a rising tide lifts all boats,”. 

Andrew shared similar sentiments saying that they have been reflecting on their constitution and want to “bring a lot more best practice compliance into the AIBB this year”.  

As 2022 is coming to an end, aside from education and training, the AIBB is looking forward to plenty more networking opportunities in 2023. Due to covid, over the past couple of years, offline business networking activities have been cancelled, postponed or moved online.

There are a host of events being held by the AIBB in the remaining months of 2022, including Appraisal Days in each state, Christmas parties and CPD courses. 

For 2023 keep an eye out for more education, training and networking events hosted by the AIBB and their sponsors.
 

 

Tags: business brokers entrepreneurs success aibb coaching

About the author


Caitlin Mary

Journalist

Caitlin has a background in media and communications, studying journalism at University and doing various freelance writing and production work over ...

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