Glossary · Reading the business
In short
This is a plan for how leadership and key roles will be transferred when the current owner leaves. For buyers, it shows how smoothly the business can continue without the seller.
A strong succession plan, or lack thereof, reveals much about the business's reliance on the seller. As a buyer, you need to understand who does what and how you'll transition into or replace critical roles to ensure operational continuity.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
Pressure-test the numbers before you make an offer
Send us the asking price and the seller's cash flow — we'll show whether the deal services SBA debt and where the add-backs are likely to hold up.
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