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Expert Insights: How to Successfully Buy a Business

October 21 @ 9:00 am - 10:00 am

Expert Insights

Date: Tuesday, Octover 21, 2025
Time: 9:00 AM

Location:

In Person: 274 McFarland Student Union Building, Kutztown, PA 19530. Room 250

Parking: Free parking is available in the lot in front of the McFarland Student Union. Please stop by the entrance of the Student Union building to pick up a parking pass from SBDC staff to display on your rearview mirror.

Virtual: Via Zoom (Provided after registration)

Thinking about buying a business? Join us for a FREE one-hour panel discussion featuring experts in valuation, lending, tax, and legal considerations. Learn how to properly assess a business, secure financing, prepare for tax obligations, and structure contracts to protect your investment. The session will conclude with an audience Q&A.

  • Will Hooten, Director of SSBCI Technical Assistance with the PASBDC and a Certified Business Appraiser, will explain how to value a business, spot red flags, and interpret valuation reports.

  • Michele Verviled, EVP and Director of Government Guaranteed Lending at Customers Bank, will outline financing options and walk through what lenders need to approve an acquisition.

  • Randy Raifsnider, Partner & Managing Director at Herbein CPA and Advisors, will discuss the tax implications of buying a business and how to best prepare.

  • Katherine Tohanczyn, Partner at Starfield & Smith Law Firm, will share best practices for navigating the legal process, conducting due diligence, and setting up contracts.

The event will be emceed by Dave Patti, Special Assistant to the Executive Chair at Customers Bank.

This FREE panel presentation is designed for anyone considering the purchase of a business. Whether you’re a first-time buyer or a seasoned entrepreneur, you’ll gain practical strategies and insights to confidently approach a business purchase. A dedicated Q&A session will provide the opportunity to have your specific questions answered by the experts.

 

Venue

Kutztown University – McFarland Student Union
274 Student Union Building
Kutztown, PA 19530 United States

Organizer

PA SSBCI – Kutztown
Phone:
(814) 931-8077
Email:
hooten@kutztown.edu
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