In today's rerun episode of Let's Talk Business, we are thrilled to revisit an enlightening discussion on the interconnected world of real estate financing with the knowledgeable Yanki Markowitz, CEO of SBA Loan Group.

• Hosted by Meny Hoffman, this episode revisits Yanki's remarkable journey from encountering challenges in obtaining SBA loans to successfully facilitating over $600 million in real estate transactions. Yanki's dedication to empowering small businesses shines through as he shares his deep expertise on navigating SBA loan programs, particularly the flexible 7A and the asset-driven 504, both crucial tools in real estate financing.
• Throughout this insightful conversation, Yanki stresses the vital importance of financial literacy for business owners, covering essential topics such as tax returns, cash flow, and the strategic decision-making process of purchasing versus renting property.
• The episode also incorporates valuable perspectives from financial expert Dave Ramsey and underscores the necessity of maintaining financial clarity through regular accountant consultations. Listeners will be inspired by Yanki's values of hospitality, rooted in his upbringing, and the significant role of generosity and community in building meaningful relationships.
• Whether you're an experienced entrepreneur or just beginning your journey, this episode is packed with insights and actionable strategies for leveraging real estate to drive business growth and financial stability. Tune in to discover how to master business finance and make strategic real estate decisions that foster financial success.

00:01:34 - Small Business Financing With Janky Markowitz
00:03:31 - Government-Funded SBA Loan Program Overview
00:08:01 - Small Business Financing Options
00:09:20 - Real Estate Financing and SBA Loans
00:12:31 - SBA Lending to Startups
00:21:32 - Educating Business Owners on Risk
00:22:20 - Real Estate Investment vs. Company Ownership
00:26:51 - Strategic Real Estate Growth and Profit
00:27:29 - Real Estate Financing Decision Dilemma
00:31:02 - Real Estate Financing for Business Growth
00:33:22 - Understanding Business Owners Through Numbers
00:36:46 - Optimizing Inventory and Maximizing Profits
00:37:11 - Understanding Numbers and Strategic Business Planning
00:43:47 - People, Process, Product in Business
00:49:02 - Personal Background and Hospitality Values

One of the safest bets is that real estate appreciates over time - almost no matter what. It may take a while before it happens, but if your business can afford to do so, be your own landlord and own your own facility. 

Every business owner hopes and expects to grow as quickly as possible. When investing in real estate - or, frankly, anything - keep this in mind so that you don’t find yourself with a ten year commitment to a building that you outgrow in half that time. 

Make sure to speak to your accountant at least once a quarter, and prepare an interim financial statement for that period. Being ignorant of your actual numbers is one of the biggest mistakes you can make, so avoid the problem by regularly updating your statements and being aware of what those numbers really mean. 

If you’re a business owner, you can outsource a lot but you can’t outsource the fundamental strategy of where the company is going to go, and what goals it has to reach.