Contributor: Ron Hottes | May 10, 2012
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| If you are a small business owner thinking of selling your company you need to be realistic on how the sale will move forward. You need to put just as much preparation into the sale of your business as you did when you started it. Ron Hottes, a Southern California business broker discusses this topic. |
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Contributor: Christina Lazuric | May 10, 2012
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| If you are buying a business, you probably have really good ideas about changes you would like to implement and ideas to sell more, be more efficient and more organized. Christina Lazuric an Orange County business broker chats about business buyers and their decision making processes. |
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Contributor: Christina Lazuric | April 30, 2012
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| Christina Lazuric with California Business Brokers in Orange County chats about buying and selling coffee shops after her efforts of just selling one. She discusses rent, location considerations, & questions to ask yourself if you're thinking of buying a coffee shop. |
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Contributor: Willard Michlin, CPA, CFE | April 30, 2012
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| Many business buyers try to use a rule of thumb to value a business. This is a valuable tool but if you actually try to purchase a business based on it, you are sure to regret it later. Willard Michlin, CPA discusses rules of thumb issues when buying a business. |
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Contributor: Lee Petsas | April 3, 2012
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| A properly prepared purchase agreement is of foremost importance in any business purchase. Lee Petsas, a Southern California business broker defines what should be in a purchase agreement when buying a business. |
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Contributor: Chuck Post | April 3, 2012
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| The laundry business model and the full justification of value of the business are based on its anticipated longevity. In this blog/article industry specialist Chuck Post covers the topic of coin laundry valuations. |
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Contributor: Ron Hottes | March 20, 2012
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| The value of the small business is mostly determined by the cash flow (or business brokers use the term "Seller's Discretionary Earnings" instead to be more accurate). This article explores cash flow, SDE - determining the worth of a small business. |
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Contributor: Chuck Post | March 20, 2012
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| As a Laundry Consultant, serving California Laundry Owners and Investors, I am afforded the opportunity to see and analyze why various laundries make or lose money. Chuck Post explores this topic on the BizBen Blog. |
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Contributor: Barry Evans | March 1, 2012
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| Steve Fitzgerald a Southern California business broker discusses parts of the franchise agreement that pertain to sale of the franchise, that should be understood by potential franchise buyers. |
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Contributor: Bob Klein | March 1, 2012
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| There are a number of traditional accounting methods used to calculate business worth. None of these methods individually addresses all of the items that create value. Bob Klein with Business Appraisals discusses this topic on the BizBen.com Blog. |
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Contributor: Bob Klein | February 14, 2012
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| Showing your business when selling is one of the most important steps in the sale process and how it is done will greatly effect the selling price. There are two areas to be concerned with, how the business looks and how you react to the prospective buyer. Bob Klein with Business Appraisals discusses this topic with BizBen.com Blog readers. |
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Contributor: Jeff Back | February 14, 2012
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| It's not just a good location when buying a restaurant. What makes a difference time and time again is the difference in management. Good management is the key to success. Jeff Back, restaurant sales specialist in the San Francisco Bay Area discusses this topic with BizBen.com Blog readers. |
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Contributor: Christina Lazuric | February 8, 2012
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| 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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Contributor: Bob Hughes | February 8, 2012
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| 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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Contributor: Christina Lazuric | January 31, 2012
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| 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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Contributor: Chuck Post | January 23, 2012
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| 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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Contributor: Peter Siegel, MBA | January 23, 2012
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| 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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Contributor: Barry Evans | January 12, 2012
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| 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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Contributor: Willard Michlin, CPA | January 12, 2012
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| 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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Contributor: Christina Lazuric | January 10, 2012
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| 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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Contributor: Peter Siegel, MBA | January 10, 2012
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| 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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Contributor: Bob Klein | January 10, 2012
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| Business appraiser Bob Klein discusses business sales multiples and how they relate to buying and selling small businesses for sale. |
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Contributor: Joe Sandbank | January 9, 2012
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| 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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Contributor: Chuck Post | January 9, 2012
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| California laundry consultant and advisor Chuck Post discusses redefining your business model when seeking a re-tooled laundry. |
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Contributor: Lee Petsas | January 9, 2012
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| 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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Contributor: Willard Michlin, CPA, CFE | January 5, 2012
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| 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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Contributor: Willard Michlin, CPA, CFE | December 12, 2011
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| 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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Contributor: Barry Evans | December 12, 2011
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| Several factors influence a business sale. Steve Fitzgerald, business broker in San Diego explores these issues with BizBen Blog readers. |
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Contributor: Peter Siegel, MBA | December 12, 2011
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| 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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Contributor: Christina Lazuric | December 6, 2011
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| 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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Business Sellers Need To Be Optimistic, But Realistic As Well
