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What Does a Booming Economy Mean to the Value of your Business?
The stock market keeps climbing, interest rates are low, consumer confidence is near an all-time high. This is a perfect storm for getting the most for your business if you are considering selling now. If you are not, you should at least find out what your business might be worth. Records are being broken in...
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Year-End and 2020 Vision
Finish Strong - As a small business owner, your year-end push may be the difference between a decent year and a great year. Holidays are approaching and you and your employees can get distracted by the spirit of the season. Staying focused on the plan and working the plan to the end is the call...
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The Team Approach: Selling Your Business
I recently heard P J Fleck, coach of the University of Minnesota Gophers Football team say, “We play as a team of players not a group of players.” That got me thinking about how we operate at Sunbelt Business Advisors. Successful business owners usually have their own personal support team; perhaps a CPA or group...
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ADVANTAGES OF WORKING WITH AN SBA PREFERRED LENDER VERSUS NON-PREFERRED
• Preferred lenders have been given the authority by the SBA to underwrite their own SBA loans internally and make the final credit decision, saving multiple weeks in the process. • Preferred lenders have a proven track record of successfully processing and servicing SBA guaranteed loans. Other factors determining their PLP (Preferred Lender Provider) designation...
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No Hard Assets. Few Employees. What’s This Business Worth?
I was meeting recently with a business owner who was concerned about being able to sell a business without any hard assets or employees. He was trying to determine the value of his business. The fact is, you don’t need to have a lot of hard assets or employees in order to have a business...
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SBA LOANS-LOOMING FEDERAL GOVERNMENT SHUTDOWN
Our federal government is currently funded through September 30th.  Unless our elected officials approve a new budget before this date, the government will shut down.  The most recent shut down lasted 35 days between 12/22/18 and 1/25/19. M & A Advisors and Business Brokers need to be proactive about buyer financing activities when a potential...
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