by Erin Abel | Aug 6, 2025 | Blog
Running a small business can be both exciting and overwhelming. While you’re focused on serving customers, managing employees, and keeping the lights on, it’s easy to overlook the many free or low-cost resources available to help your business grow, stay...
by Erin Abel | Jul 23, 2025 | Blog
Many business owners hear, “Make yourself replaceable,” and think: “Sure—but who’s going to pay for that?” You’re not alone. Building a business that runs without your daily involvement is not just about delegation; it’s about creating a system that allows...
by Erin Abel | Jun 27, 2025 | Blog
As a business owner, selling a business is likely the biggest financial event of your life. Many owners wait until they’re emotionally or physically ready to exit; however, by then, the business often isn’t. To maximize your return, you need more than just a willing...
by Erin Abel | May 16, 2025 | Blog
New SOP = New Playbook. Here’s what business owners and their advisors need to know: Starting June 1, 2025, the Small Business Administration (SBA) is rolling out significant updates to its 7(a) loan program. The changes, detailed in SOP 50 10 8, will include stricter...
by Erin Abel | May 10, 2025 | Blog
There’s no secret that the current labor shortages and rising wages present significant challenges for small businesses. From struggling to attract qualified candidates to managing payroll increases, small businesses face unique obstacles in maintaining a stable...
by Erin Abel | Apr 23, 2025 | Blog
On March 7th, the Small Business Administration (SBA) introduced a significant change to its 7(a) loan program eligibility requirements—and the implications are already being felt in the marketplace. Under the new rule, to qualify for SBA 7(a) financing, a business...
by Erin Abel | Apr 22, 2025 | Blog
SBA Market Update: New SOP Rules Effective June 1, 2025 — What Buyers, Sellers, and Advisors Need to Know Big changes are coming to SBA 7(a) loan eligibility and structuring—starting June 1, 2025, the U.S. Small Business Administration (SBA) will implement new rules...
by Erin Abel | Apr 21, 2025 | Blog
With international trade tensions escalating once again, small businesses across the U.S. are bracing for economic ripple effects. Most notably, President Trump has imposed a 125% tariff on goods from China—a sharp increase from the previously reported 104%. This is...
by Erin Abel | Apr 21, 2025 | Blog
Before diving into the opportunity, it’s essential to understand what’s happening. The recent increase in small business bankruptcies stems from several converging economic pressures: Inflation and cost pressures have eroded profit margins. Pandemic-era safety nets,...
by Erin Abel | Apr 21, 2025 | Blog
Washington state is poised to implement a series of tax reforms aimed at addressing a significant budget shortfall. While these measures target wealthier individuals and large corporations, they also carry substantial implications for small businesses. Key Tax...
