📢 Is the Tariff War Affecting Your SBA Pipeline? | Feb. 25, 2025

In this engaging episode of SBA Today, hosts Paul Long and Tonya Mazurek delve into the impact of Kelly Loeffler's confirmation as the new Small Business Administration (SBA) Administrator.

They explore the consequences of shifting work dynamics in the SBA office, especially as workers adjust to new in-office requirements—highlighting potential slowdowns caused by logistical challenges and staff turnover. The lively discussion extends to how these changes could affect small businesses and lending practices in the long run.

With a keen eye on economic trends, the hosts examine a recent Biz Buy Sell report that indicates a 5% increase in business transactions in 2024, marking a higher average sale price of enterprises. They draw parallels between rapidly evolving market conditions and the enduring complexities of commercial lending. The episode also considers the potential effects of proposed tariffs by the Trump administration, their impact on costs, and how small businesses might navigate such inflationary pressures.

Paul and Tonya conclude by anticipating the market trends of 2025, with an emphasis on the challenges faced by retiring baby boomers and the ongoing difficulties in the tight labor market.

Takeaways:

☀️ Logistical Shifts at the SBA: Kelly Loeffler's confirmation as SBA Administrator raises questions about office dynamics, potential staff attrition, and subsequent impacts on small business operations.
☀️ Business Transaction Trends: An increase in business sales and enterprise value in 2024 prompts a closer look at buyer and seller market dynamics.
☀️ Tariff Concerns: Proposed tariffs from the Trump administration could raise operational costs for small businesses, affecting economic recovery and local sourcing efforts.
☀️Labor Market Pressures: Difficulties in finding skilled employees persist, exacerbating retirement decisions among baby boomer business owners.
☀️ Market Adaptation: Transitional phases in both business practices and employment strategies highlight the necessity for adaptability amidst regulatory and economic shifts.

Are you a business owner or prospective business owner? Let’s see how we can help you.

If your business or perspective business is in:

Washington, Oregon, or Idaho contact: Paul Long at Gesa Credit Union plong@gesa.com

Colorado, Texas, Missouri, Florida, Arizona, and Tennessee contact: Tonya Mazurek at Midwest Regional Bank tmazurek@mwregionalbank.com

⚠️ Disclaimer: The views expressed on this show are our own and not necessarily the views of our employer. ⚠️

Видео 📢 Is the Tariff War Affecting Your SBA Pipeline? | Feb. 25, 2025 канала SBA Today