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SBA Loans: The Basics

Youre in a sitch - you need a loan to help pay for new equipment, refinance old debt, or to acquire a business. Chances are, very few of us have thousands, if not hundreds of thousands lying around ready to be spent on t...

The Rise of Female Business Owners

It is no secret that there have been several positive movements regarding women in the workplace over the past few decades. In the year 1960, only one in five women held paid jobs, and those that did were paid 60% of the...

Buying a Distressed Business

On occasion, failing businesses can offer ideal opportunities for interested buyers. While its important to pay attention to red flags, its important to consider that one sellers distressed business may be a hidden gem...

The Risk of Owner Dependence and How to Reduce It

Most people don't like to dwell on it, but the truth is, nobody can run their business forever. Situations where the owner is "essential" or "integral" to the business (to which with their departure, the business could...

You've Bought a Business, What Comes Next?

Youre the new owner of a recently purchased business - congrats! Be advised that the fun isnt over yet. One of the most critical phases in purchasing a business comes shortly after closing the deal. Done right, the tra...

Top 5 Deal Killers and How to Avoid Them

Its an all too familiar storyline in the deal-making process; after months of hard work, the deal falls apart. For the most part, the cause is solely the fault of the parties involved, usually the seller, but sometimes e...

Setting Achievable Goals When Selling Your Business

Selling a business is no small endeavor. There are documents to collect, decisions to make, emails to send, and so on. Needless to say, the process can feel daunting and overwhelming at times. This is why establishing sp...

Recasting Financial Statements: How to Prevent Leaving Money on the Table

As a business owner, deciding to sell your business is one of the most important decisions you can make in your professional life. For years you perhaps assumed your children would carry on running the firm, but they hav...


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