This conversation discusses various aspects of business acquisition and the implications for obtaining an SBA loan. The speakers cover topics such as the applicability of loan guarantees for partnerships, the importance of tax returns in evaluating a business, and the challenges of valuing a business with losses. They also emphasize the benefits of buying an existing business and the importance of industry experience and passion. Overall, the conversation provides valuable insights for individuals considering business acquisition and the steps they need to take.
Host
Hosted by the Farmingdale SBDC’s Business Breakthrough | New York Podcast. The Farmingdale SBDC is part of the New York Small Business Development Center (SBDC) network of 20 campus-based centers and outreach offices located across New York State.
Funded in part through a Cooperative Agreement with the US Small Business Administration. Training collaboration does not constitute an expressed or implied endorsement by the NYSBDC and SBA of the presenter(s), their organization(s), and/or their products and services.
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