Buying and Selling a Business: What You Need to Know | Houston Center SBDC

5/7/2026

10:00 AM - 12:00 PM

Location: UH SBDC, 1455 West Loop South, Suite 900, Houston, TX 77027

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If you are a seasoned business owner or a younger entrepreneur interested in acquisition, join us for this presentation to learn how to prepare a business for sale. Topics will include valuation, timing, and exit options. You will also hear from the Small Business Administration (SBA) about their 7(a) loan program - commonly used for business acquisitions - as well as the SBDC and the many resources they offer to help owners prepare their businesses for sale.

Highlights:

Understanding how businesses are valued (EBITDA, cash flow, and assets)
Key steps to prepare your business for sale
Common exit strategies and how to choose the right one
Financial documentation buyers and lenders expect to see
Practical ways to increase your business value before the sale
Common red flags that can delay or derail a transaction
Creating a realistic timeline for a successful sale
Resources to help you with the sale or acquisition

This session is designed for seasoned business owners preparing to sell their business, as well as younger entrepreneurs interested in acquiring one.

Presenters:

Mike Holloman, CBI, CMAI, Business Broker, Murphy Business Sales - Central Houston

Winston Labbé, Deputy District Director, SBA Houston

Don Yokovich, Business Advisor, Houston Center, SBDC

It is imperative to add sbdctraining@uh.edu to your approved senders' list to be able to receive event confirmations for SBDC events.

Please Note:

Each person attending an event must have their own account. Multiple people may not register under one account.

The SBDC reserves the right to cancel a class for insufficient enrollment, weather emergencies, and other unforeseen circumstances. Should a cancellation occur, we will use the email you provided to contact you.

Preregistration is highly recommended. If an event is canceled or postponed and you have not preregistered, we will not be able to contact you.

If you choose to register at the door, you will need your mobile device to complete your registration otherwise you will not be allowed to attend.

Satisfactory meeting room temperatures are difficult to maintain. Always bring a sweater or jacket to ensure comfort.

No children under the age of 16 are allowed in the workshop.

Only service animals allowed - If you need to bring a service animal with you to a workshop please contact us ahead of time.

Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact the UH SBDC at (713) 752-8488 for accommodations, or if you have questions about this class.

Presenter(s):

	Mike Holloman Mike joined Murphy Business & Financial Corporation after 17 years in the investment management, oil and gas and real estate industries. Working with investment firms managing assets in excess of USD $700 billion, he succeeded in various roles focused on performance measurement, investment analytics and quantitative modeling. Additional areas of expertise are with information management, process improvement, product management, competitive analysis and strategic development, along with proven negotiating skills. He is a nationally networked professional through his financial and real estate affiliations, enjoys connecting qualified buyers and sellers and helping them achieve mutually beneficial deals.
	Winston Labbé With more than 25 years of experience in commercial lending and economic development, Winston has dedicated his career to helping entrepreneurs access capital and grow their businesses. A Houston native, he earned a finance degree with honors from Texas Southern University and holds an associate degree in real estate from Houston Community College. He also served four years on active duty in the U.S. Army, shaping the disciplined, strategic approach he brings to his work. Winston currently serves as Deputy District Director of the U.S. Small Business Administration’s Houston District Office, where he connects small business owners with funding, resources, and mentorship. Previously, he held senior banking leadership roles, including Chief Lending Officer at a community bank specializing in SBA, commercial, and real estate lending. He remains active in the community and is a strong advocate for equitable access to business capital and education.
	Don Yokovich Don Yokovich is a highly accomplished corporate and entrepreneurial executive specializing in business planning, sales management, customer and field service, supply chain management, product life-cycle management, manufacturing, sourcing, accounting, and finance. He has a proven track record implementing operating plans and solutions, improving efficiencies, reducing costs and enhancing the bottom line. Don has over 22 years of experience owning and operating a Business Consulting firm and a Home Organization and Remodeling franchise.