CARES Act Impacts SBA 7(a) Loans

While there are several SBA loan related provisions and benefits in the recent government actions designed to create relief to the current COVID-19 situation, one in particular – the SBA Debt Relief program – is what we’d like to focus on. This is taken today from the SBA.gov website https://www.sba.gov/funding-programs/loans/covid-19-relief-options: The SBA Debt Relief program […]
Succession Planning in the Age of Coronavirus

The current global health crisis has created unique challenges for small businesses across the nation, which seemed to hit like a tidal wave. COVID-19 has negatively impacted small business operations in an array of industries, but it has also shed light on a crucial element of running a solid business – succession planning. Succession planning […]
What is SDE (Seller’s Discretionary Earnings)?

Seller’s discretionary earnings (SDE) is used in most business valuations, especially for market-based valuations. It is vital to understand your SDE as it shows the worth of your company (or your ownership share within a company). In particular, SDE is essential for owners planning their exit strategy. This guide discusses what the seller’s discretionary earnings […]