[ON] Looking for Help with Business Financing

Hello,

Just wanted to see if anyone can help me out. I needed around $80,000 for a business acquisition. $20,000 will be personal equity. Total purchase price is $100,000.

I saw BDC had an under 100k financing program where it can deliver funds in 10 days. Anybody know anything about that program ?

The business is cash flowing well at $100,000 yearly with majority of it recurring revenue with strong profit clients.

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u/Ok_Astronaut_536 — 19 hours ago

Help understanding working capital during acquisition

Can anybody help me understand working capital better when acquiring a business ? For example, my understanding is WC is current assets - current liabilities listed on the balance sheet. Would this be the yearly balance sheet I would be looking at ?

Also, why do some business sales say asking price + inventory like restaurants and some say asking price + working capital ? Shouldn’t it be + WC for all?

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u/Ok_Astronaut_536 — 6 days ago

SDE OR EBITDA

Wanted to ask a quick question. If I’m a business broker as an example, how would I know to use SDE or EBITDA when advertising the business ?

I saw a pizza store for sale and the agent wrote 120k in EBITA. Wouldn’t it be SDE as pizza stores are owner operated ?

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u/Ok_Astronaut_536 — 20 days ago

Need Help with Website

Hello,

Never built a website before so I wanted to ask if anybody could guide me sort of on how to build and host a website ?

I am trying to build a relatively simple static website. That still looks modern and professional. Which AI website builder would be best ? I guess for editing and making minor tweaks and inserting imaging after I type out the prompt.

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u/Ok_Astronaut_536 — 30 days ago