Articles

Business appraisers will often refer to and use multiples of Seller’s Discretionary Earnings, or SDE, when discussing or calculating firm value.

There are many different factors to consider when a business needs to apply for an SBA loan; the Small Business Administration lays out all of

Seller’s Discretionary Earnings is a measure of the total financial benefit available to a single owner working in the firm on a full-time basis.

The Small Business Administration (SBA) provides extensive business appraisal guidelines in its most recent SBA SOP 50 10 5 (K), effective as of April 1st,

What are the three main business valuation approaches?  First, let’s start with ‘what is a valuation approach?’  A valuation approach is a process used to arrive

When lenders value a business for an SBA loan, the Small Business Administration does not require that the business valuation include any specific business valuation

Frequently asked question: Is there an “SBA business valuation calculator?” Short answer: No, there isn’t. When I first saw the question, I thought “of course

Determining the value of a small, privately owned business is a challenging task.  To do so properly requires skill, a lot of research, analysis, and

When a borrower is seeking an SBA loan to fund a business acquisition, meaning there is a change of ownership, an independent business appraisal may

So I’ve been asked if the work we do is termed a ‘business valuation’ or a ‘business appraisal.’  It is a good question; intuitively we