Understanding Distributions, SDE, and EBITDA When Buying or Selling a Business If you’re exploring the purchase or sale of a business, you’ll often hear terms like SDE (Seller’s Discretionary Earnings) and EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). These…
Selling Your Business? Don’t Let the Lease Be the Deal Breaker If you own a business that operates in a leased space and you’re starting to think about exiting in the next year or two or even many years down…
Don’t Let the Lease Scare You Off: What to Know About Leasing When Buying a Business Buying a Business? Don’t Let the Lease Scare You Off For many aspiring business owners, acquiring an existing business can be one of the…
What Comes Next? Reflecting on the Journey Beyond Business Ownership After nearly three decades of walking alongside business owners through the intricate journey of buying and selling businesses, one truth stands tall: while the mechanics of a deal—the price, the…
What Smart Buyers Wish They Knew Before Buying a Business Congratulations! You’ve bought a business. Now the real journey begins. Many successful business buyers will tell you: the transition right after the purchase is critical. Whether you bought a small…
Here are the most important updates that will impact how SBA loans are evaluated and issued: 1. Financial Requirements A 10% minimum equity injection will now be required for both startup businesses and ownership transitions. Seller financing may be used…
Capitalizing an asset means recording it as a long-term investment on the balance sheet rather than treating it as an expense on the income statement. This applies to leased equipment, machinery, vehicles, or other assets that a company acquires under…
Depreciation: Owner’s Financial Statement vs. Recast (Economic) Financial Statement Depreciation appears on both an owner’s financial statement and a recast (economic) financial statement, but its purpose and impact differ depending on the context. 1. Depreciation on the Owner’s Financial Statement…
Why Depreciation Matters When Selling Your Business When business owners start thinking, “What is my business worth?”, they often overlook a critical factor: depreciation. Whether you own a manufacturing company, construction firm, or a retail shop, depreciation plays a major…
For aspiring entrepreneurs looking to acquire a business, one of the most common questions is: What’s a good business to buy? The answer is not as straightforward as many would hope. There is no one-size-fits-all business that is perfect for…
What every business owner should know. The construction industry has experienced notable developments in recent times, characterized by fluctuations in activity levels, evolving market dynamics, and emerging trends. Recent Trends in Construction Activity United States: In December 2024, U.S. construction…
Why Working Capital Matters When Buying an HVAC Business If you’re considering buying an HVAC business, understanding working capital is essential for making an informed investment. Buyers often focus on revenue, profitability, and assets, but working capital—the cash needed to…