September 29, 2017

I had a wonderful time being a guest speaker on business valuations at the 2017 Minnesota SBA Lenders Conference. The commercial lenders in the room had great questions! One particular question was the process of assigning goodwill. 

Per the SBA SOP 50 10 5(I) pg. 114 -...

February 3, 2017

In order for the individual performing the business appraisal to identify the scope of work appropriately, the business appraisal must be requested by and prepared for the lender. The scope of work should identify whether the transaction is an asset purchase or stock p...

December 5, 2016

The new SBA SOP 50 10 5 (I) was released on November 22, 2016 with a effective date January 1, 2017.

There was little to no changes to the business valuation requirements. Here is a summary of those requirements -

Business Appraisal Requirements – Change of Ownership

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