Take Five #073: SBA 7a approval process and SOP questions answered, and more
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Codely v2.0 public release is here
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What has changed in our latest release?
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All new features available for all public channel users
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Coding collaboration with over 200 users at once
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Real-time code save every 0.1 seconds
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Take Five #073: SBA 7a approval process and SOP questions answered, and more
1. 7 ETA takeaways after first year of B2B services ownership
2. Mergers: what they are, different types, and how entrepreneurs can benefit from them
In the dynamic world of business, mergers stand as a pivotal strategy for companies looking to expand, enhance their market presence, or streamline operations. Understanding the intricacies of mergers is essential for entrepreneurs seeking to embark on this transformative journey. In this comprehensive guide, we break down the key concepts surrounding mergers, shedding light on forward mergers, reverse mergers, and subsidiary mergers, also known as triangular mergers. Moreover, we explore the advantages of opting for mergers as a strategic move.
Find the complete guide here.
3. How to retain employees after buying a business
One of the major things buyers worry about most when purchasing a business is transferability.
I’ve said this before, but when you’re evaluating listings, you’ll find yourself wondering, “That’s great that this seller has seen this type of performance with the business. But what’s going to happen when I take over?”
Employee retention is a massive part of that transferability. Employees are a major pillar to the success (or failure) of a business and it’s important to maintain the team that you are given once you take over a business.
Today, I want to discuss how you can successfully retain your employees by taking key steps in your first 90 days as the new CEO. Losing key team members during this time can lead to a loss of productivity, decrease in morale, and inevitably affect your business’s performance.
Read the rest of Buy Then Build’s article here.
4. SBA 7a approval process and SOP questions answered
5. Two money indicators that can ballpark business value
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