March 10th 2021 Update to the SBA Payment Relief Program that became effective on 2/19/2021. The SBA determined that they will not have sufficient funding to make all the payments outlined in the December 2020 Cares Act. Below are the following changes: • New SBA 7(a) and 504 loans approved… Read More »SBA CARES Act 2 Update!
According to the Market Pulse Q1-4 surveys, more than half of Business owners who sold their business for $500K-$1MM in 2020 sold due to retirement while another 21% did so due to health, family, or burnout reasons. Only 10% had a new or better opportunity. Source: IBBA & M&A Source… Read More »Reasons Sellers of Businesses Sold for $500K-$1MM in 2020 Decided to Sell their Business
A contractual provision stating that the seller of a business is to obtain additional future consideration based on the business achieving certain future business goals. An earn-out is a mutually beneficial tool to getting a deal done if it is structured appropriately. Is maximizes the selling price for the seller… earn-out/" rel="bookmark">Read More »Delta Tuesday Term – Earn-out
According to the Market Pulse Q1-4 surveys, just over 1/3 of Business owners who sold their business for <$500K in 2020 sold due to retirement while another quarter did so due to health, family, or burnout reasons. An additional 16% had a new or better opportunity. Source: IBBA & M&A… Read More »Reasons Sellers of Businesses Sold for <$500K in 2020 Decided to Sell their Business
Here at Delta Business Advisors, we celebrate international women’s day. International Women’s Day (March 8) is a global day celebrating the social, economic, cultural, and political achievements of women. The day also marks a call to action for accelerating women’s equality. IWD has occurred for well over a century, with… Read More »International women’s day 2021
Earlier this week, President Biden announced that the United States is on track to have enough vaccine supply for every adult by the end of May. Thanks in part to Merck’s help in manufacturing the recently approved Johnson & Johnson vaccine, the U.S. is set to reach that milestone two… Read More »Vaccine Progress Sparks Optimism Among Americans
Advisors working in the Lower Middle Market ($2MM+) indicated that sellers have the advantage in the lower middle market than buyers. Advisors indicated that buyers have an advantage Main Street Businesses selling for less than $1MM (80% in <$500k and 71% for businesses selling in the $500k to $1MM) Source:… Read More »Business Sales: Seller Market Sentiment Stronger Rebound for Lower Middle Market than Main Street Businesses
On Thursday, January 7th, 2021, Matt Tucker Sales/Marketing for Arizona Studios was our guest on the Delta Business Bite webinar. This Snippet Gives an overview of Arizona Studios and the services they offer. Learn more about Arizona Studios at: https://arizonastudios.com/ #businessbite #businessbroker #Video #BusinessSales #BusinessOwner #DeltaBusinessAdvisors #ArizonaStudios
According to the Market Pulse Q1-4 surveys, almost half of Business owners who sold their business in 2020 cited retirement as the main reason for selling with 16%. However, this varied greatly across the sectors (check out next week’s Acumen as actual reasons vary for business owners who sold for… Read More »Reasons Owners of Sold Businesses in 2020 Decided to Sell their Business in 2020
On Thursday, January 7th, 2021, Matt Tucker Sales/Marketing for Arizona Studios was our guest on the Delta Business Bite webinar. This Snippet focuses on what to budget for in a video production. As Matt answers the following: We know a lot of companies have cut and/or will cut their marketing budget. However,… Read More »Delta Snippet Marketing for 2021: Budget