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...
by Greg Caruso | May 25, 2021 | 13 - Assisting the Small Business Buyer or Seller, Business Valuation, SBA 7(a) Loan
At Harvest Business Advisors, we’ve used the Art of Business Valuation tools and skills to perform hundreds of Small Business Administration (SBA) valuations for 7(a) business sale loans. The SBA’s 7(a) loan program provides buyers the opportunity to obtain financing...
by Greg Caruso | May 18, 2021 | 2 - Valuation Basics
When we determine the value of a business because someone wants to buy, sell, finance, or for other purposes, the standard of value used impacts every element and the ultimate value found. If you have ever bought or sold something, you already know the basics of what...
by Greg Caruso | Apr 29, 2021 | 2 - Valuation Basics
If you are considering applying for a SBA loan to buy a business or sell a business, dissolving a business, or adding a partner to a business partnership, you may know that the business needs to be valued. In very generic terms, this means creating a financial model...
by Greg Caruso | Apr 22, 2021 | Uncategorized
I recently found the following articles on business valuation. They are short and well written, and perfect for business owners and advisors with general business knowledge such as financial planners, lawyers, and CPAs. If you are a business owner or business advisor...
