GCF Business Valuation Celebrates Small Businesses
Earlier this month, our team celebrated National Small Business Week. This past year has been a turbulent time for business owners and the SBA lending community, and we are proud to be part of a resilient community.
Usually, National Small Business Week is hosted by the Small Business Association (SBA), and this event takes place the first week of May. This year, the SBA is holding a virtual summit later in the fall. However, you never really need an excuse to celebrate small businesses and the surrounding lending communities. More than half of Americans work for or own a small business, making up nearly two out of every three jobs in the U.S. annually.
While 2021 has been an unprecedented time, companies have been an integral part of returning to normal. To celebrate small businesses and the supporting lending community, we created a video as a thank you for a successful year so far.
The Importance of Supporting Small Businesses
National Small Business Week serves as a reminder of the contributions small businesses make to local communities and the national economy. Whether you own a small business, provide financing, or serve as an advisor, there are many ways to show your support.
1. Express Your Gratitude
Who do you work with every day?
Maybe you have excellent employees or a rock star customer. Perhaps you have a mentor you always call when you hit a wall. Take the time to reach out and show your appreciation. While face-to-face communication is great, it can be difficult currently. Sending a personal letter, email, or video is a great way to stay in touch.
2. Partner with Like-Minded Experts
Are you close with other small businesses or advisors in your area? You can strengthen your impact by joining forces. By collaborating, you can reach a wider audience or enhance your existing services.
3. Understand the Value of Small Business
One of the best ways small business owners can plan for the future is by knowing the value of their most significant asset. Whether for internal planning or a more formal purpose, such as SBA lending, know the value of your business. Investing in a business valuation firm with the proper credentials and expertise can help you maximize the value of a small business.
GCF Business Valuation works with SBA lenders and business brokers across America to provide accurate valuations and appraisals. Our team understands SBA’s business valuation operation procedures and can help you make the best business decisions for all parties involved.