Michael Grossman

Every successful business owner has learned that NOT having a laser focus on their top and bottom line can make or break a business. Today, as we navigate through a very uncertain and disruptive COVID environment, business owners may need to shift their focus from the P&L to the balance sheet to ensure economic survival. […]

Every successful business owner has learned that NOT having a laser focus on their top and bottom line can make or break a business. Today, as we navigate through a very uncertain and disruptive COVID environment, business owners may need to shift their focus from the P&L to the balance sheet to ensure economic survival.

To most people this may NOT seem like a great time to buy anything, let alone a business. But that may be exactly why now is the right time. As every country mobilizes to stop the COVID-19 pandemic, Central Banks all over the world have committed trillions of dollars in emergency funding in support of

If SBA denies your loan application, SBA will notify you in writing outlining the specific reasons for the denial. Any applicant whose request for a loan is declined for reasons other than size (not being a small business) has the right to submit information to overcome the reason or reasons for the decline and to

When it comes to making an exit, timing is everything — and that holds true in business as well as in life. Once you have established that it is the best time to sell your business and move forward into the next phase of your life, smart preparation is critically important. Often, it can make the difference

How well do you understand the potential buyer of your business? If the answer is “not very,” your odds of conducting a timely sale at your preferred price are diminished. Understanding the most common business buyer personas is one of the most overlooked aspects of a successful sale. This is because each potential buyer typically