If you’ve been reading national headlines or listening to general market commentary over the past year, you might think the small business M&A market has completely stalled. With SBA loan interest rates hovering in double-digit territory and capital costs significantly elevated compared to the sub-5% borrowing era, many business owners assume that selling right now […]
Seller Finance
The Buyer Liquidity Trap: Why 10% Down is Never Enough to Buy a Business
f you’ve spent any time on social media or taken an online course on buying small businesses, you’ve almost certainly heard the pitch: “Buy a cash-flowing business for zero down, or put just 10% down using an SBA 7(a) loan.” It sounds clean, simple, and incredibly accessible. If a stable trade service or local main-street […]
The “Silver Tsunami” Myth: Where Did All the Small Business Listings Go?
For years, conventional wisdom suggested that children of entrepreneurs would pursue corporate careers while their parents eventually sold the family business.
What Thousands of Closed Deals Tell Us About How Long It Really Takes to Sell a Business
If you’re currently searching for a business and you’ve reviewed multiple opportunities without making an offer, don’t assume you’re falling behind.
The Overpricing Penalty: Why Chasing an Extra Turn on Your Multiple Can Cost You the Deal
Every business owner wants to maximize value. I do too. But after more than 20 years selling businesses and closing hundreds of transactions, I’ve seen the same mistake repeated over and over: An owner gets emotionally attached to a number that sounds good rather than a number the market will actually support. The result? […]