Seller’s Discretionary Earnings: Definition and Formula Understanding Seller’s Discretionary Earnings (SDE) is essential if you’re buying, selling, or valuing a small business — especially laundromats, HVAC companies, and service businesses. From my experience brokering and owning small businesses, mastering the calculation of SDE is the first step toward accurate valuations and successful transactions. In this […]

Buy a Business Without Experience or Skills Thinking about buying a business, but worried you don’t have the experience or technical background? You’re not alone—and you’re not out of options. In fact, many successful entrepreneurs I’ve worked with built thriving businesses in industries they’d never worked in before. What they had was the right mindset,

How Much Time It Takes to Run a Laundromat Snippet Summary: Thinking about buying a laundromat and wondering how much time you’ll need to dedicate? As someone who’s bought, operated, and brokered dozens of laundromat transactions, I’ll walk you through what it really takes to run a laundromat—from operations to valuation insights. You’ll get a

Should You Sell Your Business on BizBuySell Yourself? Thinking of listing your business for sale on BizBuySell without using a broker? You’ve probably crunched the numbers and asked yourself if the cost savings are worth it. Having worked closely with small business owners—especially in industries like laundromats, HVAC services, and other main-street operations—I’ve seen the