The U.S. Small Business Administration (SBA) recently announced updates to its Standard Operating Procedures (SOP), with several important changes taking effect October 1, 2026. These updates may impact how SBA-backed transactions are evaluated and structured—particularly business acquisitions and changes in ownership. If you're considering buying a business, transitioning ownership, or using SBA financing to support an expansion, here's what you should know. Key Changes to...

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Starting a business is exciting, but it can also feel overwhelming when you’re not sure where to begin. The Small Business Administration (SBA) has put together a practical “10 Steps to Start Your Business” guide to help you move from idea to launch with confidence. From writing your business plan to opening a business bank account, this resource covers the essentials every new entrepreneur should know. We’ve made the full SBA guide available on our website click here to...

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In the world of entrepreneurship, a well-crafted business plan serves as the cornerstone of success, guiding you through the details of structuring, operating, and expanding your venture. Whether seeking funding, attracting partners, or steering your company toward growth, a carefully formulated business plan is your indispensable tool for navigating the competitive landscape with confidence. Explore example business plans and tap into expert guidance from the U.S. Small Business Administration...

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