I’m thinking of doing a side hustle of working with small business owners who want to sell to their employees. I would provide the services below. I’ve helped small business owners buy and sell businesses with the SBA loan program over a decade.

The SBA made changes to the program that makes it easier for sellers to tap into the equity of their business or allow a key employee to purchase to little to money down.

My services would be the below.

1. Employee Buyout Strategy Sessions: Offer consulting sessions to guide business owners through the process of structuring employee buyouts, outlining key steps and considerations. 2. Financial Feasibility Analysis: Provide detailed financial assessments to help both sellers and employees understand the feasibility of using SBA loans for the buyout, including projections and risk analysis. 3. Customized Employee Training: Develop training programs for employees interested in purchasing the business, covering financial literacy, business management, and SBA loan requirements. 4. SBA Loan Navigation Services: Assist employees in navigating the SBA loan application process, ensuring they understand requirements and increasing the likelihood of successful loan approval.

Would it be wise to start with a free consultation such as an hour for free, and then charge based upon the need?