Business Value Booster Shots
Short Articles on Business Value TopicsShort-form (1-3 minute reads) available here and sent to all site subscribers via email.
Navigating the Due Diligence Swamp
Hooray, you have received and accepted an offer to buy your business. The months of anxiety are at an end. Alas, no. Both buyer and seller now have several opportunities to place roadblocks in the way of the deal they both want - or blowing it up altogether. Over half...
Misunderstandings About SBA Loans (Part 3)
A previous post reminded you that in 2022-2023 those COVID-era "free money" programs are going to start demanding repayment. Should you pay the minimum necessary, or get it off your books? Many owners think that a healthy line of credit and a large business loan are...
Misunderstandings About SBA Loans (Part 2)
A previous post reminded you that in 2022-2023 those COVID-era "free money" programs are going to start demanding repayment. The business may be able to handle the ongoing payments, thanks to generous terms, but if you want to sell the business you'll need to deal...
3 Common Misunderstandings About Paying Back SBA Loans
Lucy, you've got some un-explaining to do. The government's attempts to undo some of the damage to small businesses caused during pandemic of 2020-2021 may have created the impression that the Small Business Administration (SBA) is the big sugar-daddy that will make...
You Can’t Afford “Free” Professional Advice
The internet is full of advice from professionals hoping to land a bigger client. Surely a small business like yours can't run into any issues that someone hasn't already explained on their website or on YouTube? Guess again. Let's look at some examples from just the...
From Free Loan to Worthless Business
Ah, the COVID days, when the government was falling all over itself to give you money to help you stay in business. So you took it. Now things are better and you want to sell. Not so fast. You may have a rude shock in store. If you do not manage it right, you may not...
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