1) Minimum Down Payment A 10% minimum down payment (it is really 20% but if 10% the seller will be asked to hold 10% which is a problem for sellers) is the SBA requirement but there are many factors that can change the down payment requirements for a successful SBA business acquisition loan. It is […]
Money can be considered a taboo topic of conversation in some circles. As a rule of thumb, you do not speak about salaries, debt, or the cost of your most recent vacation with friends or family, do you? We understand that, but when it comes to selling a business, we need to talk about money, […]
Transworld Business Advisors Expands Presence in Polk and Pasco Counties of Florida.
Over the years I have repeatedly heard from owners that their businesses were not worth anything because they didn’t own land or there were little to no assets. I shudder to think of the amount of money left on the table because an owner didn’t understand what their business was worth. The service economy is a huge component […]