By Matt Silasiri – Marketing and Business Development Manager With high interest rates, banks are getting more selective on what SBA loans they’ll approve. In a nutshell - Flight to Quality. Meaning that banks are more likely to approve loans from qualified buyers. There are two key metrics that they look for. Financial StabilityTransferable skills...
By Matt Silasiri – Marketing and Business Development Manager 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....
By Brian Slipka-CEO of Sunbelt Business Advisors of Minnesota Click here to read the original article published by Forbes When business transitions take place, several things can go wrong. Oftentimes, business buyers fail to secure capital, deals fall through at the last minute, or buyers try to change the terms at the eleventh hour. A...
By Brian Slipka-CEO of Sunbelt Business Advisors of Minnesota Click here to read the original article published by Forbes An all-cash business sale may seem ideal, but it is quite rare. In the sale of both small and large businesses, it is common for the seller to finance a portion of the sale price. For...
By Matt Silasiri – Marketing and Business Development Manager A common misconception about business brokers and M&A advisors is that we only help owners find a buyer for their business. 3 major benefits of using Sunbelt when you already have a buyer: 1. Avoid your buyer dragging their feet and controlling the deal. 2. Negotiate...
By Brian Slipka-CEO of Sunbelt Business Advisors of Minnesota Click here to read the original article published by Forbes One of the biggest decisions that business owners eventually face is how they will handle transitioning out of their life’s work. There are several good options, and one—an internal transition—is particularly popular. It’s understandable. Recently, the...
By Matt Silasiri – Marketing and Business Development Manager A successful business sale requires targeting the appropriate buyer. That is one of the key responsibilities of business brokers and M&A advisors, and it's done through decades of experience, building deep relationships with potential buyers. Who is the likely buyer of your business? Source: IBBA Q3...
By Matt Silasiri – Marketing and Business Development Manager Most business owners agree exit planning is vital to a successful transition of business ownership, but few have a formal exit strategy in place. Below are the 3 phases of exit planning, and the major questions each stage answers. Discover What is the current value of...
Published by The Center for Financial, Legal & Tax Planning, Inc With the year ending, it is time for everyone to prepare for the upcoming tax season. This season, especially for business owners, can be very stressful. Many business owners may be on edge when considering the possibility of footing a large tax bill. The...