I think changes in the debt service coverage (DSC) ratios now being required by smaller banks have had almost as much of a negative impact as rising rates. When DSC increases, owners are often being required to provide a higher level of seller financing,” adds Robert Flynn, Managing Member of
The SEC took this action (debated for years, preliminarily covered in a SEC “standby” letter when Senate didn’t act on the matter after it was passed in various bills in Congress and then sent to the Senate for a vote nine months ago. Original Article from Greenberg Traurig, LLP. On
It is a well-known fact within the business brokerage industry that improperly valued small businesses generally benefit no one, often putting both the owner who wants to sell and their broker at a disadvantage. Sellers need realistic valuations that set and defend the asking price. Business brokers need to avoid
Selling a Lower Middle Market Business? Build Your Team For many business owners, the sale of their company is the largest financial transaction in their lives, and critical to their ongoing wealth creation. That is why it is important that owners, particularly those selling a business worth over $1 million,
As American companies accelerate their exits from relying on China-based sourcing and manufacturing, there are growing opportunities for small U.S. manufacturers and for those who acquire manufacturing companies. The operating uncertainties in China stemming from the political climate, pandemic shutdown concerns, and a shrinking direct labor benefit are driving decisions to
Veteran-owned Businesses are Essential to U.S. Economy, But are these Small Business Buyers Leveraging all Their Available Resources? In October 2021, the U.S. Census Bureau reported that an estimated veteran-owned businesses made up about 5.7% (331,151) of all businesses. While veteran-owned businesses make up only a fraction of all businesses,