Ways to Improve Your Valuation Statistically, 61% of business owners spend either no time or less than one year planning for their exit. As a result, many of these owners settle for less than they ideally could receive in a sale and the sale process becomes more grueling itself as owners are not prepared […]
Grand Rapids Business Journal recently highlighted SBDA’s sale of Century Flooring & Cleaning’s janitorial division to Clean Team, Inc. Click here to view the full article.
“What is my exit strategy?” This likely isn’t the first question a business owner asks when opening a business–let alone the second, third, or fourth question! Focus is better spent elsewhere when getting a business off the ground. At some point, however, the question of exit strategy should re-enter. A Mass Mutual Life Insurance survey […]
SBDA represented Professional Courier Services in its sale to Grand Rapids Venture Capital. The sale was recently featured in Grand Rapids Business Journal. Click here to read the full article.
Hear from our advisors what the Q1 2021 M&A market looked like from a boots-on-the-ground perspective. Trending: #bloodsweatandtears #sellonahighnote #beaggressive #PPP As we’re headed into the second quarter of our second year of the COVID-19 pandemic, let’s reflect back on some of the patterns of Q1 in the Mergers and Acquisitions market. Overall, 2021 […]
It seems we’re still unpacking all of the changes that are continuing after 2020. The pandemic seems to have prompted a crow’s feet domino effect, with branches and branches of shifting. How we interact socially has changed, entire industries have faced a survival-of-the-fittest scenario, and a lot of things still remain uncertain. Even amongst so […]
SBDA represented the owners of B.C. Pizza of Belmont, Greenville, and Lowell in the sale to an individual investor. The sale was recently featured in Grand Rapids Business Journal. Click here to read the full article.
As you probably already know, Congress passed a COVID Relief Bill in December 2020, one of the results of which was a few additional benefits to borrowers and lenders of the SBA 7(a) loan–including payment relief (Section 1112). Earlier this month, the SBA found that there were insufficient funds to fulfill the Section 1112 payments […]
Small Business Deal Advisors is proud to announce that the acquisition of its client, Bridal Gallery by America’s Bride has received the Judge’s Choice Award in the MiBiz 2020 M&A Awards! MiBiz presents the 8th Annual M&A Deals & Dealmakers Award to spotlight best practices and excellence related to mergers, acquisitions, capital formations, and other […]
Small Business Deal Advisors is proud to announce that one one of our own, Matt Baas, is the winner of the 2020 MiBiz Dealmaker of the Year Rising Star Award! MiBiz recognizes three Dealmakers of the Year, with categories designed to honor individual corporate executives, company advisers, and investors. The individual awards aim to highlight […]
Under the December COVID relief act (CARES 2), the SBA will (again) pay 6 months of new SBA 7(a) loans. “I honestly never thought we’d see this again. This is a huge win for small business buyers and should be a strong catalyst for getting deals done in 2021!” – Max Friar, Partner, Small Business Deal […]