Interest rates have been a hot topic for small businesses recently, especially after the federal funds rate hit a 23-year high in July 2023. While the Federal Reserve finally cut rates by 0.5% in September 2024, small business owners are still dealing with the impacts of these rate changes. So, how do these fluctuations affect your business, and what should you be aware of? What Are Fed Rates? T
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The International Business Brokers Association's (IBBA) Q1 2024 Market Pulse Report offers valuable insights into the current state of the small business mergers and acquisitions (M&A) market. Here are key takeaways for business owners and prospective purchasers. Waning Impact of COVID-19 Business brokers report a significant shift in buyer sentiment. 80% indicate a focus on lo
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We’ve all been living with COVID-19 for weeks, and we’ve all had to make sacrifices and hard decisions. How are you holding up? First, we'd like to share some positive perspective with you. In this episode of The Deal Board podcast, our experts discuss the effects of COVID-19 on small business. This podcast includes plenty of opportunities you can plan to act on. Take a listen:&nb
We wanted to provide you with this information directly from the SBA's Utah District Office. In the meantime, if you have any questions, we can help! Email us by clicking HERE and we will do what we can to assist you through this process. Are SBA's resources available during the COVID-19 crisis? Answer: “The health and safety of our employees is our number one priority. SBA has deplo
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You’ve caught the entrepreneurial bug and you’re ready to purchase a small business. Maybe you’ve even found the exact local company that’s a perfect fit for you. Whether you’re just starting out, looking for a change in career, or transitioning into a working retirement, your deal begins and ends with proper financing. If the word financing sends a little shiv
