CARES Act Impacts SBA 7(a) Loans

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

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

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 […]