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Grand Rapids Business Journal Showcases Fry Nation Transaction

By Matthew Baas | April 20, 2019

Click here to read the story!

How to Tell Employees About a Sale

By Matthew Baas | March 22, 2019

Selling a business can be a challenging and emotional process for owners. Letting go of something that has been a very significant portion of their life for years is daunting. What compounds the anxiety is determining how and when to tell employees that the company is going to be sold. While individual situations vary drastically, […]

What Size Business Can You Afford to Buy?

By Matthew Baas | March 13, 2019

One of the primary factors in your business acquisition search will be size, but are you sure you know what size business you can afford to buy?  It is common for businesses to be identified by their revenue, but valued on a multiple of cash flow. The reason being that two companies might be producing the […]

Non-Competition Agreements in the Sale of Small Businesses

By Matthew Baas | February 13, 2019

It is common for non-compete agreements to be executed as part of the purchase agreement. These agreements often restrict the seller from starting a competing business, joining a competing firm, hiring away employees or interfering with vendor relationships. With potentially decades of relationships and goodwill at hand, sellers could potentially damage the business if they decided to interfere post-transaction. […]

Think Twice About These Three Common LOI Requests

By Matthew Baas | January 30, 2019

Letters of intent are written offers that contain various clauses pertaining to purchase price, included and excluded assets and liabilities, buyer-seller exclusivity, financing, and more. Through our experience in reviewing these offers, we’ve found a number of LOI requests that should be carefully examined. Some inexperienced buyers might not realize they’re submitting abnormal requests. Regardless […]

The Purpose of Good Faith Deposits

By Matthew Baas | January 23, 2019

What is a good faith deposit? Let’s start with the definition of good faith. “Good faith” refers to a sincere intention to be fair, open, and honest, regardless of the outcome of an interaction. A good faith (or earnest money) deposit is payment made by the buyer at the time of signing the letter of […]

Reasons to Hire a Business Broker to Sell Your Business

By Matthew Baas | January 17, 2019

Selling a small business is complicated. From the initial valuation and confidential marketing to buyer questions, numerous due diligence requests and barrage of legal documents, it is generally a trying process for most sellers. While business owners know how to run their companies, they are generally not experienced in the business sale process, nor have […]

2018 Review

By Matthew Baas | January 5, 2019

2018 was Small Business Deal Advisors first full year in operation. We finished the year with 7 closings: The aggregate purchase price for deals closed this year was about $1.8 million. 2018 led to continued development of infrastructure that will significantly benefit future SBDA clients. Here are the highlights: Most notably, we rebranded as Small […]

Using Your 401(k) Funds to Buy a Business

By Matthew Baas | November 25, 2018

Previously we’ve discussed how SBA loans are a great way to finance the purchase of a business. Another largely unknown method is to utilize ROBS arrangements. ROBS stands for Rollovers as Business Startups. This method has the distinct advantage of using the available capital an owner already has in a 401(k) plan to either start a […]

Buying an Existing Franchise

By Matthew Baas | October 22, 2018

There are several advantages to buying an existing franchise versus starting a franchise from scratch or buying a non-franchise company. Inside the franchise industry, the sale of an existing franchise is known as a “franchise resale.” This is because a franchisor previously sold the license to operate in that territory and now the license, along […]

SBA 7a Financing

By Matthew Baas | September 15, 2018

SBA 7a loans are a popular method used to finance the purchase of small business. Below we walk through how these loans work and what their requirements are. Put simply, an SBA 7a loan is a small business loan that is partially guaranteed by the government (the Small Business Administration). This means that if the […]

Q2 2018 M&A Market Update

By Matthew Baas | August 20, 2018

According to the IBBA Q2 Market Pulse, the M&A market is “too hot to touch” with roughly 21% of advisors saying 2018 is the best year they’ve ever seen for business owners to sell their business. Consistent with general market optimism, advisors believe seller advantage is growing consistently as the market stays red hot. Multiples […]

What Makes Us Different?

No Long-Term Contract

Our program is month-to-month, which ensures we are hard at work every day to assist with your transaction. If you are not satisfied, you are free to cancel at any time.

High Traffic Marketing

Our database has over 40,000+ buyers (and growing) and our marketing businesses for sale pages have a high Google presence that attracts 1,000s of business buyers per month! Furthermore, we conduct strategic outreach through emails and calls to ensure every potential buyer is aware of the confidential sale. No stone is left unturned!

Best of All...

We leverage technology and a proven process that allow us to charge lower commissions than traditional business brokers. Our commission is 8% instead of the industry standard 10%+, saving you thousands of dollars!

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