SBA financing is a great source for individuals looking to buy a business. Buyers directly benefit by receiving affordable financing to buy a business. However, SBA lending comes with various criteria to meet that can be challenging. One challenge for SBA lenders is...
Valuing a business for an SBA loan can present several unique challenges. These challenges often stem from the specific requirements of SBA loans and the nature of the business being evaluated. Here are some of the key challenges we often encounter when valuing a...
Owning a hardware store can be very profitable. Hardware stores help meet the strong demand for building materials, tools, painting supplies, electrical equipment, and various types of hardware. However, starting, purchasing, or growing a hardware store often comes...
With a good location and an appealing product mix, operating a convenience store can be very rewarding. However, the costs of starting, buying, or expanding a convenience store can be significant. Fortunately, the Small Business Administration (SBA) offers various...
Calling all entrepreneurs – first-timers, amateurs, and battle-hardened veterans! This article is for anyone starting a business but who lacks the capital or collateral to bring this dream to fruition. Your taco truck or eCommerce business does not have to just...
There are over 48,000 furniture stores throughout the United States. These businesses generate over $25 billion in revenue each year. As such, owning a furniture store can be very rewarding. However, starting, buying, or growing a furniture store often comes with...