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Unreported Income Claims Business Buyer Beware
Unreported Income Claims - What Should A Business Buyer Do?
One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement and go ahead with the purchase?  By Peter Siegel   View All Peter Siegel Blog Posts
Inventory And The Price For A Retail Related Business
Is Inventory Value Part Of, Or Added To The Price For A Retail Business?
A business buyer in the BizBen ProBuy Program asks how to handle the inventory amount in the purchase price of a business. Other questions answered in this article: Do you add the inventory value to the business value? Should the owner be expected to take back a note for the value of the inventory?  By Peter Siegel   View All Peter Siegel Blog Posts
Buying a Smog Test Only Shop
Buying a Smog Test Only Shop? 10 Big Questions To Ask
Thinking of buying a smog test only shop? Know the 10 big questions before proceeding. Willard Michlin, CPA and Due-Diligence Expert/Consultant (562-286-1818) explains what you need to know about buying and selling California smog test shops before actually buying one.  By Willard Michlin   View All Willard Michlin Blog Posts
Uncover Hidden Problems In Due Diligence
Uncover Hidden Problems In Due Diligence When You Buy A Small Business
Most everyone who's decided to buy a small business in California knows the importance of due diligence. That involves close examination of a business prior to removing contingencies. But not everyone knows how to uncover problems that are not obvious. Here are five of the most common hidden issues.  By Peter Siegel   View All Peter Siegel Blog Posts
Checklist When Selling A California Small Business
Selling A California Small Business? This Checklist Will Determine Your Success
When selling a California business, owners should use our salability checklist to determine whether the effort will be successful. Ten factors must be considered to properly prepare a business for sale. Three of the factors account for more than 50% probability of achieving success in selling!  By Peter Siegel   View All Peter Siegel Blog Posts
What Type Of Business Is For You?
Workshop 12/6 - Buying A Business: The Perfect Business Type For You
Willard Michlin, CPA (562-286-1818) discusses in his latest live workshop where he will discuss: Learn what industries or types of business you would do well in. Learn what business types you would enjoy working in the most. Determine the best type of businesses that are a match for you.  By Willard Michlin   View All Willard Michlin Blog Posts
Buying A Restaurant With Good Karma
Buying A Restaurant? Check Its Karma - Tips From A Restaurant Broker
Jeff Back (925-736-8200), a San Francisco Bay Area broker specialist who specializes in selling restaurants discusses what he looks for when sizing up a potential restaurant for sale. Restaurants have Karma! A restaurant's Karma is something you feel the moment you walk into a restaurant.  By Jeff Back   View All Jeff Back Blog Posts
Interpreting Reported Earnings
Interpreting Reported Earnings From Sellers
Peter Siegel, MBA Founder of BizBen and the BizBen ProBuy, ProSell Programs discusses interpreting reported earnings from sellers through tax returns, financial statements and other means when buying a small to mid-sized California small business.  By Peter Siegel   View All Peter Siegel Blog Posts
Deposits With Purchase Agreements
Deposits With Purchase Agreements - Rules And Guidelines
Lee Petsas, a Southern California business broker explores: How much consideration should I give as deposit? Are Deposits refundable and when? Cashing deposits & opening escrow, Return of deposit to buyer, Why do we take a deposit from buyers when preparing & executing a purchase agreement contract?  By Lee Petsas   View All Lee Petsas Blog Posts
A Checklist For Business Buyers
Buying A California Business: A Checklist For Business Buyers
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.  By Peter Siegel   View All Peter Siegel Blog Posts
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