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The Critical Role of Confidentiality in Business Sales
When it comes time to sell a business, ensuring confidentiality should always be the top priority. A breach of confidentiality is one of the quickest ways to undermine a business sale. Once this trust is broken, it can be incredibly difficult to contain or fix the resulting damage. This rule applies universally, regardless of the type of business or industry. Experienced attorneys,...Read MoreSBA Changes Effective June 1, 2025 – What You Need to Know
1. Equity Injection + Seller Note Standby Rules • SBA still requires a 10% minimum equity injection for business acquisitions, startups, and ownership changes. • Buyers must inject at least 5% of the project cost from their own funds. • A seller note can only cover up to 50% of the required equity (i.e., 5%). • Seller notes used for equity must now be on full standby for the full...Read More
The Essential Role of Corporate Social Responsibility
If you’re not entirely familiar with Corporate Social Responsibility (CSR), you are not alone. While this word is getting used more and more often, many people are still not familiar with the concept. Yet, CSR has become a critical focus for businesses of all sizes. As a result, understanding its key elements is essential for staying competitive in today’s market. Let’s explore the main...Read More
3 Meeting Tips for Buyers and Sellers in Business Transactions
When buying or selling a business, the initial meeting between the buyer and seller can be a critical turning point. This meeting often sets the stage for the future of the deal. After all, the buyer’s first offer typically arrives right after this pivotal discussion. Ensuring that the conversation is positive, professional, and productive is crucial for both parties involved. Business...Read More