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Articles On Buying And Selling Small To Mid-Sized Businesses

BizBen offers the most complete library of articles on the topic of buying or selling small to mid-sized businesses. Please feel free to link to any of these articles from your website.

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Why Sell Your Business? Broker Christina Lazuric Explains Why Owners Sell


Contributor: Christina Lazuric  |  February 8, 2012
Christina Lazuric, an Orange County Business Broker explores why owners of small businesses elect to sell their business. Retirement, lack of capital, illness, boredom are just a few of the reasons.
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What To Do When Your Business Isn't Fun Anymore


Contributor: Bob Hughes  |  February 8, 2012
Just because its time to sell your business does not mean you're throwing in the towel. Many times small business owners are ready to move on to other things; retirement, a new job, a new venture, more time with family, a focus on personal health, or any combination of factors. Bob Hughes a Coachella Valley Business Broker discusses this topic for BizBen.com Blog readers.
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When Taking A Listing - Does It Feel Right?


Contributor: Christina Lazuric  |  January 31, 2012
In the beginning you'll take almost any kind of listing to get your business moving but over time you realize the sense in being a little more discriminating. Christina Lazuric, an Orange County business broker warns about listening to your gut before taking on a new listing.
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How Coin Laundry Owners Can Control Rising Utility Rates


Contributor: Chuck Post  |  January 23, 2012
Utility rates are on the rise. More and more, I am getting calls from laundry owners complaining of the costs, asking for ideas. So what is the answer? What is the best approach in combating these costs? And, how does a laundry owner say competitive? Chuck Post -coin laundry consultant to buyers and sellers - with PBI discusses strategies for keeping coin laundry utility costs under control.
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Earn Outs - Latest Feedback, Structuring An Earn Out


Contributor: Peter Siegel, MBA  |  January 23, 2012
Questions regarding earn outs in deal structures is starting to come up a lot these days. "Answers To Viewers Questions" section of the BizBen Blog we explore answers to the question, "Is this a good time for buyers and sellers to use "earn outs" so if the business value has slipped because of the economy, the seller stands to gain when things get better, and the buyer can get a good business at today's discounted price, then pay for its recovered value from proceeds of the business? Also, how do you recommend structuring the earn out" See what our panel of professionals and viewer comments have said to answer this question about some mistakes buyers of small businesses make.
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Preparing To Sell Your Company - Helpful Tips From A Business Broker


Contributor: Steve Fitzgerald  |  January 12, 2012
San Diego Business Broker Steve Fitzgerald discusses tips on preparing your company for sale. Helpful tips for all small business owers to consider.
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Tanning Salons: Should You Consider Buying One?


Contributor: Willard Michlin, CPA  |  January 12, 2012
Willard Michlin, CPA discusses the tanning salon industry and how it pertains to the current state of buying and selling this type of small business.
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What to Expect When Selling Your Tax Practice Or CPA Firm


Contributor: Christina Lazuric  |  January 10, 2012
The more prepared you are the better the transaction will go, so here are a few tips and guidelines that should better prepare you for selling your tax practice or CPA firm. Specialist business broker Christina Lazuric covers this topic.
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How To Buy A Business - Six Tips


Contributor: Peter Siegel, MBA  |  January 10, 2012
The new decade brings a new set of realities for individuals who want to know how to buy a California small business for sale from a business broker or an owner. Peter Siegel, Founder of BizBen.com and USABizMart.com explains.
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Business Appraiser Discusses Business Sales Multiples


Contributor: Bob Klein  |  January 10, 2012
Business appraiser Bob Klein discusses business sales multiples and how they relate to buying and selling small businesses for sale.
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Liquidated Damages Provisions: A Good Idea?


Contributor: Joe Sandbank  |  January 9, 2012
In a contract, the parties may agree that damages for breach of that contract by a party shall be "liquidated." This means that the parties decide in advance what the party that breaches the contract must pay to the non-breaching party as damages for breaching the contract. Specialty Attorney Joe Sandbank explains this process.
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The Re-Tool Laundry - Redefining Your Model


Contributor: Chuck Post  |  January 9, 2012
California laundry consultant and advisor Chuck Post discusses redefining your business model when seeking a re-tooled laundry.
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Qualifying Business Buyers: Lee Petsas Discusses Strategies


Contributor: Lee Petsas  |  January 9, 2012
Lee Petsas, a Southern California business broker addresses how he handles potential business buyers when they request information on a business for sale listing.
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Buying a Smog Test Only Shop? 10 Big Questions To Ask


Contributor: Willard Michlin, CPA, CFE  |  January 5, 2012
Thinking of buying a smog test only shop? Know the 10 big questions before proceeding. CPA and due-diligence expert Willard Michlin explains what you need to know about smog test shops before buying one.
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Making A Fast Food Business So That It Virtually Prints Money


Contributor: Willard Michlin, CPA, CFE  |  December 12, 2011
Fully half of all the businesses that are sold are retail food storefronts. This includes franchise, non-franchise, sandwich shops, bagel shops, coffee shops, as well as good old fashioned sit-down restaurants. Half! Willard Michlin, CPA discusses his thoughts on buying and selling fast food businesses.
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Factors That Influence When To Sell A Business


Contributor: Steve Fitzgerald  |  December 12, 2011
Several factors influence a business sale. Steve Fitzgerald, business broker in San Diego explores these issues with BizBen Blog readers.
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7 Steps To Buying A Liquor Store


Contributor: Peter Siegel, MBA  |  December 12, 2011
Unlike many small businesses, due to strict regulations there are many steps that you must take before you can consider buying a liquor store. Peter Siegel with BizBen discusses the seven steps will put you on the right track to buy a liquor store legally.
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Stories From Reality Business Broker World - Landlord Issues


Contributor: Christina Lazuric  |  December 6, 2011
As a business broker, one of the most difficult parts of my job is dealing with landlords. Orange County is synonymous for unscrupulous landlords, and complicated, one sided leases. Christina Lazuric an Orange County Business Broker discusses dealing with landlords.
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Successor Liability When Buying A Business


Contributor: Joe Sandbank  |  December 6, 2011
A major concern of anyone buying a business should be whether or not they will be exposed to any of the seller's liabilities. Attorney Joe Sandbank covers covers this topic in a BizBen Blog post.
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Financing A Business Purchase


Contributor: Peter Siegel, MBA  |  December 6, 2011
Financing a business purchase has become more difficult in the past couple of years. But buyers and sellers of small and mid-sized businesses are finding other ways to raise the money needed to complete their transactions. BizBuyFinancing.com Founder Peter Siegel, MBA explains this topic.
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The Future Of The Coin Or Coinless - Laundry


Contributor: Chuck Post  |  December 6, 2011
Chuck Post - coin laundry consultant, and laundry broker looks to the future of the laundry industry and he explores what types of new equipment is available today for buyers of California coin laundries.
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Allocation Of The Purchase Price When Selling A California Small Business


Contributor: Lee Petsas  |  December 5, 2011
There are a handful of key asset categories in allocating or breaking down the purchase price allocation of a business sale. The allocation is required to complete the transaction. Lee Petsas, a Southern California business broker reviews this topic.
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Should You Knowingly Overpay For A Business?


Contributor: Willard Michlin, CPA, CFE  |  December 5, 2011
Willard Michlin, CPA discusses why business buyers sometimes overpay to buy a small business and how to look at a deal and make sure you don't overpay to purchase a business.
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What Is A Franchise UFOC?


Contributor: Peter Siegel, MBA  |  December 5, 2011
The Uniform Franchise Offering Circular (UFOC) is a comprehensive document every franchisor is required to process and keep current. Peter Siegel, MBA explains UFOC's.
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What Is The Goodwill Of Your Business?


Contributor: Bob Hughes  |  November 29, 2011
Goodwill is what a business owner has built into his business over the years. Bob Hughes, a long time business broker in the Coachella Valley gives his definition of goodwill and what is included in this BizBen.com article.
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Buying A Tax Service Business Or CPA Firm


Contributor: Christina Lazuric  |  November 29, 2011
Southern California business broker Christina Lazuric discusses strategies for buying tax practices and accounting businesses for sale.
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How To Find The Right Coin Laundry - A Buyers Guide


Contributor: Mike Hurrell  |  November 21, 2011
Mike Hurrell with Golden State Laundry Systems discusses how to buy a California coin laundry. Topics include financing a coin laundry, what to look for, and what types of coin laundries are available.
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How Do I Sell My Business Without Getting Sued


Contributor: Peter Siegel, MBA  |  November 21, 2011
A question sellers ask: how do I sell my business without getting sued, isn't a subject just for discussions with lawyers. A seller can take some precautions to reduce potential legal problems. Peter Siegel with BizBen.com discusses this topic.
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Valuing A Small Business - Searching For Market Value


Contributor: Bob Klein  |  November 8, 2011
There are a number of standard appraisal methods used to value a business that include, Asset approach, Income approach, Market approach (Comps), Capitalization of Earnings and Discounted Future Earnings. Bob Klein, a business valuation professional shares his view on searching for market value.
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When To Sell Your Business - Many Factors Play A Part


Contributor: Christina Lazuric  |  November 4, 2011
Determining the right time to sell a private business is as much an art as a science, because there are so many factors at play and each business is unique. Christina Lazuric an Orange County Business Broker shares her experience on this issue.
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