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Passion In Your Work When Buying A Business
Find Your Passion In Your Work When Buying A Business
Willard Michlin, CPA (562-286-1818) a California due diligence consultant discusses finding that passion about your work when buying a small business. In this article he explores how to tap into that passion when searching for and buying your special California small business.  By Willard Michlin   View All Willard Michlin Blog Posts
Why Sometimes California Business Buyers Never Buy A Business
Why 80% Of All California Business Buyers Never End Up Buying A Business
First the dreaded statistic: 80% of all California business buyers looking to buy a small to mid-sized business in California never end up doing so! Peter Siegel, the Founder of BizBen cover successful tactics all business buyers should utilize.  By Peter Siegel   View All Peter Siegel Blog Posts
Coin Operated Laundromat Or Card Operated Laundromat?
Buying A Laundry: Coin Operated Laundromat Or Card Operated Laundromat?
More and more we see "Coinless Laundromats". Anyone in the business or entering the business will face the age old question; Coin or Card? Well, perhaps it's not an age old question, as card systems haven’t been around very long, but it is a question worth considering.  By Steve Erlinger   View All Steve Erlinger Blog Posts
Why Tax Returns May Not Be The Best Guide When Buying A Business
Why Tax Returns May Not Be The Best Guide When Buying A Business
An overly high regard by the buyer for tax returns as proof of income can result in acquisition mistakes and lost opportunities. While appearing official and universally regarded, tax returns are not the most credible income verification document. Not even close. Hoke Nagahori explores this topic.   By Hoke Nagahori   View All Hoke Nagahori Blog Posts
Adjusted Net Income Add Backs Analysis
Add Backs: Defining Adjusted Net Income When Reviewing Financials
The use of add backs & adjusted net income is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But business buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.  By Peter Siegel   View All Peter Siegel Blog Posts
Where Is The Value Of A Coin Laundry
Where Is The Value Of A Coin Laundry
The coin laundry is an all-cash, necessity of life service business. What could be better? Yet, understanding how the business justifies such a high purchase price is baffling. In fact, many times the value is so misunderstood that it results in investors over-paying. Sometimes grossly over-paying.  By Chuck Post   View All Chuck Post Blog Posts
Business Acquisition Financing With Equity Sharing
Business Acquisition Financing With Equity Sharing
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.  By Peter Siegel   View All Peter Siegel Blog Posts
Due Diligence Strategies Explained By Willard Michlin, CPA
Should You Do Due Diligence Yourself When Buying A Business?
Willard Michlin, CPA, CFE (562-286-1818) chats about why you can do a large portion of the due diligence yourself, depending on your background, but you should never try to do it solely on your own. In this article he explores ways business buyers get themselves into trouble and avoiding trouble.  By Willard Michlin   View All Willard Michlin Blog Posts
Increasing Profitability When Buying A Laundromat
3 Tips For Increasing Profitability When Buying A Laundromat
Buying a Laundromat can be a great investment for an Entrepreneur. With predictable sales and cash flow, a Laundromat is an easy business to run. However, as good as the business model is, there is always room for improvement. Here are my 3 tips on increasing profitability when buying a Laundromat.  By Peter Siegel   View All Peter Siegel Blog Posts
Latest Trends In The Laundry Business
Laundry Broker Reports On The Latest Trends From The Laundromat Industry
Steve Erlinger, a laundry broker specialist in Southern CA reports from the latest laundromat industry trade show & what's new in the coin and card laundry industry. He discusses what various manufacturers are doing and why laundry distributors can be important ally when buying a laundry business.  By Steve Erlinger   View All Steve Erlinger Blog Posts
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Redwood Escrow Bulk Sale Services
Chris Lazuric Orange County California Broker
Randall Barondess, CBB
Bob Klein Business Valuation Services
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