The challenge is that many Main Street businesses don’t have pristine financials. Tax returns may show aggressive deductions. Internal profit and loss statements may not perfectly match tax filings. Owner perks are often mixed with business expenses. In industries such as restaurants, trades, home services, construction, and retail, this is extremely common.
SBA Loan
SBA Loan
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 […]