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When business owners decide to embark on the journey to sell their business, they oftentimes have predetermined expectations about how the sale process will take place. These expectations can stem from all sorts of pla...
Many owners experience a lot of anxiety when deciding to sell their business. This unease is often related to not knowing what to expect or even where to begin. However, once the decision is made to exit, there are sev...
An earnout is a business purchase arrangement where a portion of the seller's payment is contingent on the performance of the business after it is sold. In other words, if after closing the company achieves certain defin...
In this episode of Tresle Talks, we will dive into the SBA 7(a) Loan for Business Acquisitions. Tresles CEO, Joel Keylor, sits down with Jack Postregna, VP of SBA Lending at Credit Bench by First Home Bank. Jack brings...
What is Customer Concentration Risk? Customer concentration risk is when a large amount of a companys sales are derived from a disproportionately small pool of customers. The bigger the client relative to total revenu...
The U.S. Presidential Election certainly garners its fair share of attention every four years, however, it is safe to say that the 2020 election was unlike any other year. According to the U.S. ChamberMetLife survey, s...
What Is An Exit Strategy? An exit strategy is a strategic plan created by a business owner in order to transition their ownership or role within a company. By having an exit strategy in place, a business owner can org...
The first thing to remember when preparing to buy a business is that no one wants to lend money to a business they think will go under. As a buyer, its essential to set goals and have a detailed plan of the businesss o...
Categories
Buying
From standing out to sellers to advice on what comes after the sale, and more
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Selling
From general advice to specifics, this is your
resource for what comes next for you and your business
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