Business loans and financing are a world all their own, and when you are looking to buy a business you have a number of choices including owner financing, small business administration loans (SBA), and more traditional financing. Here are some posts from one of the best business brokers in Sacramento, California on your financing options.
California Relief Grant Program was made because 2020 was a difficult year. Especially if you were a business owner. Especially if you were a business owner in California, as you were dealing with COVID-19, wildfires, a difficult Presidential election, tariffs, and much more. If you have made it to 2021, congratulations. Perhaps you know some […]
California Small Business Loan Guarantee Program is part of the United States’ unique Small Business finance program to assist with the selling and buying of privately held businesses and real estate. These programs are under the administration of the Small Business Administration or SBA. Small businesses use the SBA 7(A)-loan program for business acquisitions. Similarly, […]
We often say that selling your business will take a team of experts. The business broker is like the quarterback of that team. He or she will make sure that everyone is talking to everyone else, and that all documents that need to be made available are handled securely and confidentially. There are also a […]
Unfortunately, a common occurrence in the construction industry and other contractor industries is litigation or a claim. A construction claim is usually a demand made by the contractor to the owner for money to cover the additional cost of construction work performed on a project beyond the original terms of the contract. Simplified, a construction […]
The Small Business Administration issues and/or guarantees loans for small businesses, and getting SBA loans is one of the most common ways many entrepreneurs fund their dream of owning a small business. The process of qualifying for and getting SBA loans is pretty static, but interest rates, what loans and how many are approved, and […]
We often think of the importance of a business and personal credit score when buying a business. It makes sense, right? A part of buying a business, especially if it is your first business, is qualifying for financing unless you have a huge amount of cash. What about when you are selling a business? Well, […]
What business financing options are out there for entrepreneurs? You’re ready to sell your business, but how will you find a buyer who can pay for it? Or are you ready to buy a business? There is a lot of money involved, and costs you might not even think of at first. How will you […]
Ready access to financing is the cornerstone of the capitalist system. This is whether an entrepreneur wants to start, buy or grow their business. Without capital, there is no future for the entrepreneur or their business. There are different lenders or borrowers a privately held business or owner can approach to borrow money. What may […]
An anatomy of the 2018 government shutdown and SBA loan. The highs and lows of business ownership are many…especially if you are a business owner selling to move to the next chapter of your life or a business owner buying starting out on your ‘American Dream’ to own and operate your own business. The steps […]
It’s normal for the buyer of a business to need some sort of finance to buy a business. The two ways, in general, are an SBA loan or seller financing or note or a combination of both. Most business owners are reluctant to offer seller financing as they are not sure their seller’s note will […]
Can you believe that the Great Recession started nearly 10 years ago? The U.S. National Bureau of Economic Research says that the recession began in December 2007, was at its zenith in December 2008, and ended in June 2009. After that was more than 24 months of a “credit crunch” when banks restricted small business lending. […]
The most recent Market Pulse survey shows that roughly two-thirds of M&A experts predict that a rising interest rate environment will have a significant effect on their ability to finance transactions. The interest rate is going up in the lower middle market. The Market Pulse survey interviewed 315 business brokers and advisors in 37 states […]
On April 19, 2016, I received an email from someone I never met before saying they had an interest in a business I had for sale they saw on one of the websites I used to advertise businesses for sale. Because I help those that want to buy and sell a business this was part […]
Starting or buying a business is never easy. It’s even harder if you are a Veteran and have served your country and would now like to use the training and experience from being in the military to apply it to owning and operating your own business. For those Vets that live in California and need […]
\Bret Rossi lives and works in the Sacramento area and is a member of The State Bar of California. That is, by profession he’s an attorney. Like all attorneys, he has specific areas of interest or specialization and these are Litigation and Bankruptcy be it personal or business. That’s not how Bret sees his job, […]
Graeme Plant has a passion and interest in Angel Investing in the Sacramento area and the benefits and opportunities it brings to the economy. Partly this is where Graeme lives and partly it comes from dealing with clients across the US and from around the world. His job includes working as a Mergers and Acquisitions […]
Steve Zeller is a co-owner of Zeller Kern Private Wealth Management, Inc. and I am delighted to have him as my guest on Money 2.0. Zeller Kern is a fee-based, independent financial advisory firm based in Gold River, California. Steve talks about the firm’s background and what they look for in clients. He explains that […]
Owning and operating a business is difficult enough at the best of times and even more difficult when starting. As a business owner, whether you like it or not there are laws to follow and those include both Federal and State laws including the tax requirements of the Internal Revenue Service and state taxing agencies […]
The Downtown Sacramento Partnership is a private, non-profit organization dedicated to the improvement of Sacramento’s central business district. The Downtown Sacramento Partnership oversees maintenance, safety, and revitalization programs financed by the Downtown Sacramento Management District, a property assessment district established in 1995 and renewed in 2000. Valerie Mamone-Werder is the Business Recruitment Manager for the Downtown […]
Some companies consider customer service as a necessary evil, forced because of either a problem in the production system or from the inabilities of the consumer. These companies believe that a perfect world would not need customer care. But smart businesses know that a customer service department is an investment in marketing, brand loyalty, and […]
The Balance Sheet is a critical document when selling a business. The first place almost all buyers start are the financial statements including the Balance Sheet. They typically ask first for the Profit and Loss Statements and Tax Returns as they want to see the cash flow and profitability of the business that is in […]
SEDCorp’s outgoing CEO Brent Smith discusses SEDCorp’s mission in servicing the Sacramento, El Dorado, Placer, Nevada, and Sierra counties.
Graeme Plant says Angel investors are often retired entrepreneurs or executives, who may be interested in Angel Investing for reasons that go beyond pure monetary return. These include wanting to keep abreast of current developments in a particular business arena, mentoring another generation of entrepreneurs, and making use of their experience and networks on a less than full-time basis.
What happens if I default on a SBA loan? If you’ve taken out a Small Business Administration or SBA loan and are not able to make your monthly payment it is undoubtedly creating a lot of stress and distracting you from your core task which is to own and operate your business.
SBA loans have become a critical source of finance when a seller wants to sell their business and a buyer wants to buy a business. The SBA or Small Business Administration is a federal government initiative and since the Great Financial Recession has been the primary source of third party finance allowing businesses to be bought and sold.
There is no question that finding a source of finance to buy a business right now is incredibly tough. Be it good or bad, the market for finance for business acquisitions centers around loans done through the Small Business Administration or SBA loan programs.
Why getting a business loan is so difficult. You’ll notice this is a statement and not a question as I recently found the answer. On May 23 I attended I was part of the audience for a presentation organized by the Sacramento Valley Chapter of the Risk Management Association.
How do I apply for an SBA loan? Since the Great Financial Crisis started in the third quarter of 2008, small business owners have been squeezed with the performance of their business as they have been starved of access to credit. This starvation for credit would have been exasperated were it not the lending of the SBA through their different loan programs and the banks they support.
Do you own a business and know about the Law of Two Feet? So we have all heard of the Law of Attraction and Einstein’s Law of gravity
The Small Business Administration (or SBA) has been the provider of many loans for small businesses for many years. If you plan to apply for a loan, here are 10 more reasons for your SBA loan may be declined.
It is important to know what tangible and intangible assets are in business. Knowing the difference and examples of each can help you with your taxes and the transaction of buying or selling a business. Assets can also be a legal matter, in which case it is important to know about legal protection and how they can help you in any business transaction.
Getting an SBA loan hasn’t always been an easy task and some recent changes have been to require a business valuation in order for the loan to be approved. An SBA lender cannot provide this service, but a third part like a business broker can. The benefits of an SBA loan and reasons for hiring a business broker to help are outlined in this article.
Ethics you should expect from your business broker when selling your business or buying a business in Sacramento, Los Angeles, New York or anywhere should be non negotiable.
To understand your financial statement, you might consider an assessment of where you are right now with your business in terms of sales and goals. A Profit and Loss statement is useful when trying to understand what’s happening with your business and a balance sheet ensures you stay on track with all things going on with your business. These small steps help business owners understand where they are in terms of their financial statements.
One of the hardest aspects of being an entrepreneur is staying on top of some things you may not like to do because you either don’t enjoy them or simply aren’t good at them…or both. Doing math back in school just wasn’t fun for me.
As an environmental consultant it seems that hardly a year passes that does not bring along with it some new potential concern, previously unidentified liability or new tougher regulations that must be adhered to. In this article, I wanted to inform our members of recent changes required by the Small Business Administration (SBA) as part of their updated environmental program.
Owning and operating a business always comes with many challenges. For different reasons the current recession seems “the worst we’ve ever experienced.”
If you are considering the sale of your business there are a growing number of brokers and mergers and acquisition specialists available to offer professional assistance to help you determine the value of your business and how the market might respond.
The current economic climate continues to hinder some business sales, but even with a challenging environment, businesses are changing hands. Regardless of the economy many aging boomers are looking to retire, while younger boomers are interested in buying and becoming their own bosses.
Money tends to rate high up on the list of needs for people planning on starting or moving into business ownership. Here’s 7 tips if you need financing for your business.
Need a small loan to keep your business going? The economic stimulus package includes a $35,000 life preserver for small businesses drowning in red ink. Under the law, the Small Business Administration temporarily will guarantee 100 percent of loans of up to $35,000 issued by banks to small businesses that are struggling to make payments […]
Selling a business comes with many challenges. The number one reason most transactions don’t close after a buyer and seller have “negotiated” a deal is that the landlord cannot come to terms with the seller and/or buyer.
Sell My Fencing Business Fast in California: Strategies Timelines
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Negotiate Best Deal: Selling Your Fencing Business in California
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Selling Your California Fencing Business: Guide to Success
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Finding Qualified Buyers for Your Fencing Business in California
You are here to discover how to find the perfect buyer for your fencing business in California. Lear...
Understanding Buyer Due Diligence: Fencing Business Sellers CA
Discover key factors affecting the selling price of a fencing business in California. From financial...
Negotiate Best Deal: Selling Your Fencing Business in California
Master the art of negotiating the sale of your fencing business. Learn valuable strategies and tacti...
Understanding Buyer Due Diligence: Fencing Business Sellers CA
Discover key factors affecting the selling price of a fencing business in California. From financial...
Buying and Selling a Business With Real Estate: Understanding the Importance of EINs
Are you planning to buy or sell a business in California? If so, obtaining an Employer Identificatio...
Employee Bonus on Sale of Company: HVAC Focus in California
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Due Diligence for Sale of HVAC Business: Buyers Will Scrutinize
Due Diligence Checklist for Sale Of Business | Pre-Sale HVAV Biz Prep for a Faster Close Early Insig...