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Small Business Partners

SMB.co to Attend Main Street Summit 2024

SMB.co is excited to be attending Main Street Summit 2024, a premier gathering of small business owners, operators, and investors who are passionate about strengthening their businesses and communities.

Brit Karel
October 13, 2024
Small Business Owners

How to Prepare Your Business for Sale When It’s Reliant on You

Preparing your business for sale when it’s heavily reliant on you requires careful planning. This post covers actionable steps like documenting processes, delegating tasks to your team, and creating a succession plan to ensure the business can run smoothly without you. By gradually stepping back, you’ll position your business for a premium sale and make it attractive to potential buyers.

Brit Karel
October 2, 2024
Small Business Buyers

Business Acquisition Process Guide: How to Prepare for Your First Buyer-Seller Meeting

The business acquisition process involves several crucial steps that both buyers and sellers must carefully navigate. Whether you're a buyer conducting due diligence or a seller preparing to present your business, the first call is an essential moment in building trust and setting the foundation for a potential deal. By preparing with key documents, clear questions, and a focus on your goals, you ensure a smoother and more productive business acquisition process.

Brit Karel
September 19, 2024
Small Business Owners

Can Small Businesses Get Grants?

Yes, small businesses can get grants, and they should actively seek out these opportunities to support growth and innovation. In the blog post, "Can Small Businesses Get Grants?" we explore the types of grants available, how to use them, and the challenges involved. SMB.co’s Grant Matching Tool simplifies the process by helping small businesses find personalized grant opportunities to fit their specific needs.

Brit Karel
September 11, 2024
Small Business Owners

SMB.co Launches Grant Matching Tool for Small Business Grants

SMB.co is excited to announce the launch of its innovative Small Business Grant Matching Tool, designed to connect small businesses with the right grants to fuel their growth. As part of this launch, SMB.co is opening up a waitlist for early access to the tool, giving small business owners the opportunity to be among the first to find and secure grants tailored to their needs.

Brit Karel
August 29, 2024
Small Business Partners

SMB.co and Profit Mastery: Guiding Small Businesses to Financial Mastery

SMB.co is teaming up with Profit Mastery to help small businesses achieve financial mastery. This collaboration brings essential financial education and tools to SMB.co members, enabling them to optimize operations and increase profitability. The upcoming Profit Mastery University live cohort offers a comprehensive six-week course to build a strong financial foundation. Discover how this initiative can support your business's success.

Brit Karel
August 29, 2024
Small Business Buyers

Exploring Employee Stock Ownership Plans (ESOPs) for Buying a Business

Explore how Employee Stock Ownership Plans (ESOPs) offer a unique path to business ownership, benefiting both buyers and sellers by providing a smooth transition, preserving company legacy, and enhancing employee engagement, all while offering financial advantages.

Brit Karel
August 29, 2024
Small Business Buyers

How to Get Financing to Buy a Business

In this blog post, we explore "How to Get Financing to Buy a Business," covering various financing options such as seller financing, SBA loans, traditional bank loans, and alternative methods. We delve into the benefits, requirements, and pros and cons of each option, providing a comprehensive guide to help you make informed decisions. Whether you're an aspiring entrepreneur or an experienced investor, discover practical tips and strategies to secure the funds needed to turn your business ownership dreams into reality.

Brit Karel
August 8, 2024
Small Business Owners

What is Discounted Cash Flow vs. Earnings Multiplier?

Understanding the value of your business is crucial for selling, buying, or attracting investors. This blog post breaks down the Discounted Cash Flow (DCF) and Earnings Multiplier methods, explaining how each works and providing practical examples. Learn how to choose the best valuation method for your small business to ensure accurate and fair pricing.

Brit Karel
August 7, 2024
Small Business Buyers

What Small Business is the Most Profitable in 2024?

What small business is the most profitable in 2024? Having served many small businesses throughout my career, I’ve seen the ups and downs of various industries. However, in 2024, certain types of businesses are proving to be more profitable than others.

Brit Karel
August 7, 2024
Small Business Buyers

How to Find a Business for Sale: Matching Business Types to Your Ideal Working Hours

How to find a business for sale that matches your lifestyle? Here’s a breakdown of business types that match different working hour preferences to help you find the perfect business for sale.

Brit Karel
June 21, 2024
Small Business Buyers

How to Value a Small Business

Valuing your small business accurately involves understanding various methods and applying the right tools. By leveraging resources like those at SMB.co, you can feel more comfortable that you have a comprehensive and accurate understanding of how to value a small business, making you better prepared for a successful sale. For more insights and tools on valuing your business, join our waitlist and be among the first to know when we launch in your target market.

Brit Karel
June 18, 2024
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