There are multiple small business loans, but one that became particularly business-saving in 2020 during the COVID-19 pandemic was the Paycheck Protection Program (PPP) loan. Backed by the Small Business Administration (SBA), there were nearly 60,000 PPP loan applications submitted as of the beginning of 2021. In fact, San Diego businesses alone were granted up to $6.1 billion in PPP loans. As you
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2020 is behind us, and this new year has brought some good news amidst the lingering uncertainty. With that comes the inevitable feeling of hope, and perhaps even excitement. Did you have plans this time last year before lockdowns began? Were those plans put on hold for the last 12 months? Believe it or not, you are not alone. As a small business owner in northern San Diego, we understand you felt
Can you believe 2020 is finally behind us? The year that simultaneously flew by but would somehow never end? With 2021 here, there is a greater sense of hope and excitement. Even though COVID-19 cases fluctuate up and down all over the country, there is a vaccine, some new plans, and some positive projections in San Diego and around the country. That said, the effects of 2020 are still looming. A
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Are you in the market for a new business in San Diego but are unsure of where to start? Have no fear. Finding the right business to buy is not as daunting as it may seem. The key to success is understanding what you are looking for, and how to find it. Here are some tips from our experts: Prep Before you can begin your search for a business to buy in San Diego, you need to have a clear under
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The process of selling a business is not necessarily a walk in the park, even for those who have previously been down that path. There are right and wrong ways to do it and the guidance of an experienced business broker in the northern San Diego area can make all the difference. Listing your business for sale, presenting your business to others interested in buying it, and embarking on the negotia
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California seemed to be hit hard by COVID, are we starting to see the light? California has been through a lot this year – one of those things being the COVID-19 pandemic. As a California resident, you do not need us to outline everything you have been through in the last seven or eight months, 2020 has not been a good year. That said, this autumn is seeing a bit of a transition and yes, we
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Is your business for sale? If so, you have likely found it is daunting to think about actually running your business and managing your staff, while also negotiating with potential buyers. In fact, maybe you haven’t even reached that point because you haven’t been able to advertise the sale. Experienced business brokers, such as the team at Transworld Business Advisors San Diego North,
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