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...
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...
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...
• 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...
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...
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...
--Will Benefit Buyers & Sellers of Small, Midsized, & Franchise Businesses MINNEAPOLIS – July 11, 2019 – Brian Slipka, Chairman and CEO of the Minneapolis-based business brokerage Sunbelt Business Advisors, today welcomed Sunbelt North Dakota and its President, Art Rosenberg, into affiliation. “Having bought and sold small businesses myself, I know the importance of having...
MINNEAPOLIS – July 31, 2019 – Sunbelt Business Advisors (“Sunbelt”) served as the exclusive financial advisor to Expert Insulation, Inc. and Expert Insulation of Brainerd, Inc. (collectively “Expert Insulation”) in connection with a sale to Installed Building Products, Inc. (NYSE: IBP). Specific terms of the transaction, which closed on June 24, 2019, were not disclosed....
Cash and Personal Assets as Equity Cash from savings is king in equity injections, but other sources can also be used. Assets that can be readily converted to cash, like stocks and bonds, are acceptable. A borrower can take out a separate, personal loan for the equity injection as long as “repayment [can be] demonstrated...
