April 27, 2020 This week, we’ll be sharing information from Permanent Equity’s 4/15 to 4/20/2020 Owner/Operator COVID-19 Impact Survey Results.* 4 out of 5 business owners applied for aid. Of those that did, just over 1/3 (35.7%) received it as of their survey response. Almost 9 in 10 agreed that… Read More »DBA: Government Aid: Application, Receipt, & Belief
This week, we’ll be sharing information from Permanent Equity’s 4/15 to 4/20/2020 Owner/Operator COVID-19 Impact Survey Results.* 4 out of 5 business owners applied for aid. Of those that did, just over 1/3 (35.7%) received it as of their survey response. Almost 9 in 10 agreed that Government Aid would… Read More »Government Aid: Application, Receipt & Belief
Ideally, you start preparing for sale early in your business life-cycle, the day you open. If this did not happen, you are definitely in the majority. However, now is the time to start because the more you know about what buyers want and what you can expect from the market,… Read More »The Seven Stages of Selling Your Business
*According to the Market Pulse Survey – 4th Quarter 2019, presented by IBBA – International Business Brokers Association M&A Source and in partnership with Pepperdine University. #MergersandAcquisitions #BusinessBrokers #MandAMarket
April 19 2020 Complete list, as of April 20, 2020, of Nationwide Economic Injury Disaster Loans COVID-19, published by the Small Business Administration.
Seller-market sentiment dipped slightly in the lower middle market this quarter, but advisors still indicate that sellers have a strong advantage across all but the smallest business sector. Excluding businesses valued at less than $500K, advisors have not rated any sector as a buyer’s market since Q3 2017. Seller sentiment… Read More »Q4 2019 Slightly Less of a Seller’s Market Than Year Ago, Advisors Say
In Q4 of 2019 Sellers continue to get the majority cash at close. In this quarter, owners received 79% or more cash at close with most of the balance being seller financing, along with some earnouts and retained equity to close the valuation gap. *According to the Market Pulse Survey… Read More »Q4 2019 Portion of Sale Received as Cash at Close
Advisors indicate that the 2019 Q4 lending market had been conducive to getting deals done, particularly for businesses with revenue of $5 million or more. However, Advisors struggled to help buyers secure financing in the smallest Main Street sector. *According to the Market Pulse Survey – 4th Quarter 2019, presented… Read More »Ease of Arranging Debt in 2019, by Company Revenue
The average time to sell a small business has risen to 8.6 months, up from 6.4 months in 2013. Of that, roughly 60 to 120 days are spent in due diligence and execution, after a signed letter of intent. *According to the Market Pulse Survey – 4th Quarter 2019, presented… Read More »Q4 2019 Average Time to Close Up 34% from Q4 2013