Peckin’ Away
As the prison warden said in the movie “Cool Hand Luke,” what we have here is a failure to communicate.” I’m frustrated and I bet you are too, so here…
New SBA Rules Make It Easier to Sell and Buy a Business
Updates to the SBA 7(a) and 504 loan programs give SBA lenders more flexibility when providing loans for business acquisitions. Of course, those same lenders still have their own bank…
Adopting the Buyer’s Perspective: A Strategic Approach to Selling Your Business
One of the most important conversations I have with someone selling their business is helping them understand the mindset and motivations of the buyer. By gaining insights into what buyers…
How to Protect Your Equity When Your Business Is Thirsty for Cash
When it comes to financing the growth of your business, you may find yourself facing a difficult choice between the lesser of two evils. Selling shares in your business can…
Business Brokers: Distant vs Local
By Jon Holbert With all the convenient means of communication and marketing available through the internet these days, we are seeing more out of state or “distant” companies pushing their…
Why More Veterans Are Making Franchising Their Next Mission
The diverse skillset you built in the military is the same one that can make you asuccessful entrepreneur in civilian life. In today’s competitive business landscape,franchise brands are looking for…
SBA No Longer Requiring 100% Change of Ownership on SBA-Guaranteed Loans
Effective last month, the SBA amended restrictions on borrowers using 7(a) loan proceeds to effect partial changes of ownership to assist small businesses and to expand pathways to ownership. This…
The Recurring Revenue Bump
Last month, Darden, the owner of the Olive Garden restaurant chain, announced it was acquiring Ruth’s Chris, the legendary American steakhouse, for $715 million, implying a valuation of around one…
Why Use a Broker?
People often ask why “I should use a broker?”. I have listed the five most important reasons below. 5. It takes a tremendous amount of time and effort to get…
Streamlining Your Business Will Make It More Profitable and More Valuable
In today's fast-paced business environment, efficiency and consistency are key to success. Standard Operating Procedures (SOPs) play a crucial role in achieving operational excellence and maintaining consistent processes. Documenting your…
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