There is a financing change happening in the small-business acquisition market that sellers need to understand. And I think it is going to have a very real impact on how Main Street businesses get sold. The new SBA SOP changes are putting more emphasis on documented equity, guaranties, collateral, valuation, repayment ability and lender protection. […]
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The New SBA SOP 50 10 8.1: Why Retirement Exit Planning Needs to Start Years Before You Sell Your Business
We’ll look at where the business is today, what it might be worth, what you need from the eventual sale and what we need to do to close the gap.
How to Choose the Right Business Broker to Sell Your Tampa Business
The more qualified buyers you can put in front of a business, the better your chances of creating competition.
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 […]
What a Business Broker Actually Does — And Why Tampa Sellers Need One
A business broker doesn’t just match buyers with sellers. They manage a multi-stage corporate transaction from inception to the closing table. Here is the heavy lifting a professional broker handles on your behalf: