Resources

Common Mistakes Business Owners Make Ft. Scott Bushkie - Video

Posted on February 25th, 2021

Do you have an EXIT STRATEGY?

Among the most common mistakes business owners make, whether they been in business for years or are a new entrepreneur, is failing to have an exit strategy. Scott Bushkie was recently a featured guest on ExitReadiness Podcast to share his insights on this common mistake as well as other items that may kill a deal or prove costly. Listen and learn what you should be doing to prepare.

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What to Look for In Small Business Financial Documents

Posted on February 10th, 2021

If you’re considering selling your small business, review these documents and information. Preparing solid financials will help determine a fair asking price.

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M&A buyers may need to move quickly in 2021

Posted on January 31st, 2021

One year ago, buyers were looking for talent. Every company we talked to was up against the same problem – there was so much opportunity to be had, but none of the employees to make it happen. It’s amazing how much can change in year.

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Documents and Information Required for Selling a Business

Posted on January 20th, 2021

If you’re considering selling your small business, review these documents and information. Preparing solid financials will help determine a fair asking price.

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Looming tax changes could accelerate M&A

Posted on January 18th, 2021

President-elect Joe Biden has made it clear that corporate tax rates, and taxes on high net worth individuals, will increase under his administration. Just how many of those plans will come to fruition, and how quickly, is unknown.

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Congress Agrees on $900 Billion Coronavirus Relief Bill – What’s In It for Small Business

Posted on January 17th, 2021

On December 27, 2020, the Consolidated Appropriations Act, 2021 (HR 133) was signed into law by President Trump. This $2.3 trillion spending bill combines a $1.4 trillion Omnibus appropriations bill for the 2021 fiscal year and $900 billion for COVID-19 relief in the United States

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When COVID is the “next buyer’s” problem

Posted on January 9th, 2021

As we continue to take companies to market during COVID, we’re asking new questions about business response plans and resilience. It’s been interesting to see the different attitudes and approaches

 

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What is Your Business Worth?

Posted on January 4th, 2021

Many small business owners fixate on the day-by-day tasks of their organizations, an amazing number don't have an exact comprehension of their business worth. That is because conventional business valuation requires the small business owners to contribute a lot of time, exertion, and are expensive. With high-cost business valuations, small business owners are in a tough position: choosing to put resources into a valuation or utilizing those assets for their everyday tasks. Confronted with that choice, most small business owners pick "not knowing."

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CARES Act 2021 Extension Gives Boost to Business Buyers and Sellers

Posted on December 31st, 2020

The CARES Act Debt Relief Program, which allows business buyers to take advantage of an SBA loan, has been extended under the Consolidated Appropriations Act signed into law by President Donald Trump on December 27, 2020. Keep reading to learn why this extension is great news for entrepreneurs looking to buy or sell a business.

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PPP Loan Guidance to Lenders a Positive for Sellers, Buyers and Business Brokers. Effective Immediately.

Posted on December 30th, 2020

New Paycheck Protection Program (PPP) loan guidance should provide relief to business owners currently selling, business buyers, and business brokers with prospective clients with a PPP loan.

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