by Greg Caruso | Jul 28, 2021 | 12 - Details for Business Valuators, 4 - Assessing the Company, SBA 7(a) Loan
By Gregory R. Caruso, JD, CPA, CVA We all know the story: a business has a detailed cash flow projection that seems totally sensible. Then, something happens, and the company does not make those projections. The idea that a company might not make future projections...
by Greg Caruso | Jul 21, 2021 | 1 - What Is My Business Worth?, 13 - Assisting the Small Business Buyer or Seller
There are a variety of reasons why businesses need to get a valuation. One of the most common is for SBA 7(a) loans, but they can also be used in getting other loans, or for succession planning, exit planning, and value growth. Here are three different recent business...
by Greg Caruso | Jul 19, 2021 | Uncategorized
Presented by Gregory Caruso. Thank you for having me. The attached slides are available in conjunction with our SBA 7(a) Loan – SBA Business Valuation Presentation. Note, the SBA often refers to business valuations as SBA business appraisals. In our SBA Business...
by Greg Caruso | Jul 14, 2021 | 1 - What Is My Business Worth?
Employees are all over the news for demanding flexibility and better employment terms. For many businesses, employees are both the largest cost and the source of most of the intangible business value. Here is a primer on how employees and your business’s intangible...
by Greg Caruso | Jul 7, 2021 | Business Valuation, Educational Opportunities, Recent Articles - Current Events
Let’s say you are doing a home renovation. You’d expect the professionals you hire (from the carpenter to the plumber) to actually be able to do the work you need. When we hire any professional for any task, we expect them to be professionals who can do...
by Greg Caruso | Jun 30, 2021 | 1 - What Is My Business Worth?, 3 - Small and Very Small Businesses vs Larger Businesses
As I’ve written about previously, the three main valuation methods each have their pros and cons. Understanding valuation means understanding when to use the Income approach, the Market Methods approach, and the Asset approach. Here are some basics about these...
by Greg Caruso | Jun 23, 2021 | 11 - Accounting Issues with Small and Very Small Businesses
Have you ever asked yourself: how will I ever clean up this financial statement mess for a business valuation? You are not alone. Many small companies have notoriously improper financial records and error filled financial statements. This is often caused by a lack of...
by Greg Caruso | Jun 16, 2021 | 13 - Assisting the Small Business Buyer or Seller
In addition to regular SBA 7a loans and SBA funding, businesses have been able to ask for additional funding through programs like the Paycheck Protection Program (PPP), the Restaurant Revitalization Fund, and Shuttered Venues Grant. Applications for the PPP closed on...
by Greg Caruso | Jun 9, 2021 | 14 - How to Review a Business Valuation
Business valuation has never been more interesting than in 2020 and 2021. The ups and downs created by COVID-19 and the varying responses by politicians and the business community have created quite a roller-coaster. I find many of my clients, bankers, business...
by Greg Caruso | Jun 3, 2021 | 1 - What Is My Business Worth?, 13 - Assisting the Small Business Buyer or Seller, 2 - Valuation Basics
No matter what the financing event you are facing is– buying a business, selling a business, getting a loan, or acquiring a partner– you will need a valuation. Understanding how the value of a business is determined is also important because then you can...
