ETA

The Allure of the Vending Machine Business
The idea of buying a vending machine business is appealing for one main reason: passive income. With relatively low startup costs and minimal staffing requirements, vending machines look like the perfect business opportunity, especially in an era obsessed with side hustles and financial freedom.
But while this industry does have potential, it’s not as passive or easy as it may seem.

When it comes to accounting methods, cash basis accounting is often favored by small business owners for its simplicity. Under this approach, revenue is only recognized when cash is received, and expenses are recorded when cash is actually paid. While easy to manage, this method can distort the financial picture by failing to align revenue and expenses with the periods they relate to, resulting in inconsistent, “lumpy” financials.

Signing a Letter of Intent (LOI) is a big step in acquiring a business. It signals serious intent, begins due diligence, and often involves commitments of time, effort, and money. But being under LOI does not guarantee you should go all the way to closing. Sometimes walking away is the smartest decision you can make. In this article, you’ll discover three critical reasons to walk away before closing so you can avoid buying the wrong company and instead, invest in the right one.

If you’re preparing for a business acquisition, you’ve likely heard that a Quality of Earnings (QoE) report is a must-have in your due diligence toolbox. But how much does it cost, and what exactly determines that price tag?

The cost of a QoE report can vary widely,

One of the most common questions aspiring entrepreneurs ask is: “Can I realistically buy a business while working full time?” The short answer is yes, you absolutely can.

This path is becoming increasingly popular, especially among professionals who want to transition into entrepreneurship without taking on the immediate financial risks of leaving a stable paycheck. By keeping your job, you maintain financial security, reduce stress around funding, and give yourself more time to evaluate deals carefully. At the same time, this approach comes with challenges, since the search process is time-intensive, brokers may question your seriousness, and juggling responsibilities requires discipline and structure.

The good news is that with the right strategy, strong time management, and a clear acquisition plan, it’s possible to make real progress toward ownership even when your schedule feels packed. In this guide, we’ll explore why buying a business while working full time can work, the trade-offs compared to full-time searching, and the practical steps you can take to make it happen. By the end, you’ll have a roadmap for approaching your search with confidence, credibility, and clarity.

Passive income is generally defined as earnings that require little to no ongoing effort to maintain. According to the IRS, it includes money generated from rental activities or businesses in which the taxpayer does not materially participate. In everyday business terms, it’s often described as “making money while you sleep.”

But laundromats don’t neatly fit into this definition. While they can generate steady revenue without constant daily oversight, they still require time, decision-making, and management. For this reason, they’re better categorized as a form of semi-passive income. You may not be running them full-time, but they aren’t entirely hands-off either.

SBA loans have made it easier for entrepreneurs to buy an existing business. Due to its competitive financing terms, interest rate, lower down payment requirements, and flexible use of funds, it has become a gold standard among entrepreneurs. Interestingly, there’s a critical consideration which is often overlooked are the tax complications of using an SBA 7(a) loan.

It’s important to understand the tax side of using an SBA 7(a) loan. It can either help you save thousands each year or end up costing you more than you expected. The difference between a tax-optimized deal and a missed opportunity can be reduced by onboarding experienced SBA loan advisors and tax professionals. They help you structure a deal that brings in tax benefits. This is exactly what Pioneer Capital Advisory and Midwest CPA deliver to their clients. In this guide we’ll walk you through the key tax implications of using an SBA 7(a) loan, and show you how smart planning can make all the difference.

Join us for an evening of good conversation, cold drinks, and connection with others on the path of entrepreneurship and small business ownership. Whether you’re just kicking the tires on your first deal or deep in the grind of running your business, this is your space to learn, share, and grow.