Having clear financial statements that someone else can understand facilitates others who want to buyer your business. If they are not complete or to complex it may cause other questions to arise or distrust. We are Mergers & Acquisition Specialist. We help you prepare your business for sale or help you […]
This Tune is about Selling a Business – sort of Selling your business 101 – Some will fail! We are Mergers & Acquisition Specialist. We help you prepare your business for sale or help find you a business to buy. Contact us and see how we can help. Click here […]
Selling a Business Requires Clean Financials … Buyers need to know the real numbers. What you can add back to profit of the Business to determine its actual profitability (Owner Benefit) can be tricky … Look at this We are Mergers & Acquisition Specialist. We help you prepare your business for […]
Selling a Business requires planning … Check this out We are Mergers & Acquisition Specialist. We help you prepare your business for sale or help you find a business. Contact us and see how we can help. Click here to set a meeting with us. Steve Whitehill Anchor Business Advisors
It is one thing to Manage a Business is not the same as Selling a Business or getting it Ready for Sale. We are Mergers & Acquisition Specialist. We help you prepare your business for sale or help you find the business for you. Contact us and see how we can […]
By Steve Whitehill Learning is an integral part of everyone’s upbringing. It is how we become the person we’re meant to be. We learn by doing, by observing others, by studying, and by asking questions. While it seems like learning is more prevalent in adolescents, the truth is – we never […]
We help you live the life you want. By Steve Whitehill In our prior article we discussed different valuation methods. Each of the valuation methods has its strengths and weaknesses. Generally speaking, for main street and lower middle market businesses, we use the valuation based on earnings. While these earnings have […]
by Steve Whitehill In early October 2020, the Small Business Administration issued additional Paycheck Protection Program (PPP) guidance for simplified forgiveness for loans of $50,000 or less in order to ease the process from smaller borrowers. The move simplifies the proceeding of financial relief to small businesses and guarantees that taxpayer […]
By Steve Whitehill, Anchor Business Brokers To this point we have covered how to determine the “Cash” compensation portion of payroll for the Schedule A worksheet of the loan Forgiveness application (SBA Form 3508). The next topic is the Non-Cash Compensation & Compensation to Owner. Non-Cash Compensation First, we will be […]
By Steven Whitehill, Anchor Business Advisors To apply for forgiveness of your Paycheck Protection Program (PPP) loan, the SBA develop a form to be completed. Form 3508 – “SBA Loan Forgiveness Application”. You, as the Borrower, must complete. It is an eleven-page document (including instructions). It should be note like most […]