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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...
On Tresle, you can now automatically sync your financial data with one-click. Many small-to-medium size business owners use accounting software to track how much money they are generating, where its coming from, and wh...
As has been evident for a few weeks, the global pandemic and resulting economic environment will change virtually every branch of business (not to mention most of our daily routines). With that said, it is too soon to...
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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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