We hear it all the time: "I'll wait to see what happens in the next election before I make any big moves with my business." But here's the truth: political changes take time, and waiting could mean missing out on current opportunities. And by the time those changes filter down to small business owners, months—if...
By: Matt Sobieski, CPA, Business Broker, Industry Expert The market for buying and selling CPA firms has evolved significantly. What was once dominated by peer acquisitions has now attracted private equity and strategic buyers, leading to higher purchase prices and better terms for sellers—often with 50-80% cash at closing and equity rollover options. Sunbelt has...
Lack of help and workplace burnout is affecting thousands of businesses nationwide. We continue to hear it from business owners, and it doesn’t vary per industry. So, what are owners doing to counteract this trend? Many are putting in the work themselves. Others are providing higher wages, better benefits, or subbing out their work to...
Watch this short video before reading further. https://www.youtube.com/watch?v=d4vXr-Clvuw In a nutshell, EBITDA is a measure of a business’s true earning power or cash flow. Like Paulie, says, "the true picture of a company's profitability." Another common measure of cash flow is Sellers Discretionary Earnings or SDE. Which measure to use depends on how much cash...
Sunbelt Finance recently facilitated financing for a well-established precision machinist with experienced management in-place. This was a stock sale sold to a Buyer with extensive manufacturing experience. The SBA loan funding partner is a top-notch regional SBA Preferred lender. The SBA 7(a) loan amount was $3,890,000 with an 80% loan to value (LTV), 10%...
President Biden bowed out of the 2024 Presidential race. But the clock is still ticking on the Trump-era tax cuts. And President Biden’s proposed budget, including substantial tax increases, is still in play. Business owners who are considering a business exit in the near term may want to consider an exit before Trump-era tax cuts expire....
By Keith Payne Licensed Business Broker, Independent Insurance Specialist, and Manuel Santana, Certified Business Appraiser As an independent insurance agency owner contemplating an exit strategy, whether through a complete sale or partial transfer, careful planning is crucial to maximize your agency's value and ensure a smooth transition. Recent changes to the Small Business Administration (SBA)...
By Business Brokers Keith Payne - Insurance Industry Expert This comment was made to me recently, and I just about fell out of my chair. Over the years of helping independent agency owners plan their exit, many of them told me that they had the same question. However, after meeting with them, understanding their specific...
By Business Brokers, Keith Payne and Manuel Santana Fireworks, Freedom, and Future Plans: When July 4th Sparks Talk of Selling Your Insurance Agency As the 4th of July approaches, many business owners find themselves in a unique position. Amidst the fireworks, barbecues, and patriotic celebrations, conversations with family and friends often turn to more personal...
