Jul 24, 2019 | Business, Business Bank Account, Financing
As soon as you start receiving or spending money as a business, you should open a business bank account. A business account makes it easier to separate your personal finances from business finances. This can help protect your personal assets and make record-keeping...
Jul 2, 2019 | Business, Business Valuation, Financing, Small Business, Value Enhancement
As a small business owner, one of your most important assets is your business. It not only provides a living, but also independence, a degree of financial security, and potentially your future retirement. Often it is more valuable than your personal residence. We hear...
Apr 16, 2019 | Business Plan, Business Valuation, Financing
When dealing with any sort of acquisition funding, the asset or stock purchase agreement plays a significant role in a bank lender’s underwriting process. Due to its significance, lenders request the purchase agreement and each associated exhibit noted in the...
Oct 29, 2018 | Financing, SBA Financing
SBA loans are among the best financing options available for small business owners. They come with relatively low-interest rates and long repayment terms. SBA loans offer a financing option to small businesses after other options haven’t panned out. However, many...
Oct 25, 2018 | Business Valuation, Buying a Business, Financing, SBA Financing
According to UPS Stores’ Inside Small Business Survey, approximately two-thirds (66%) of Americans dream of opening a small business. However, the reality is that only a small percentage will. One of the primary drawbacks is capital. A common perception amongst many...