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Due Diligence Workshop By Willard Michlin
FREE Workshop: Due Diligence When Buying And Selling A Business - 3/11
Willard Michlin, CPA conducts this FREE live workshop in Seal Beach about the processes of buying & selling a business. It's also about what you need to know in order to do a proper due diligence when buying a business. Participants should RSVP by calling 800-864-0420 & the address to this workshop.  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, MBA   View All Peter Siegel, MBA Blog Posts
Selling Your Business To One Of Your Employees
Selling Your Business To One Of Your Employees: Pros And Cons
After investing years of time and talent into a company, many small business owners want to feel like they are leaving their business in good hands and for that reason, some sellers opt to sell their business to an employee. Let's talk about the pros and cons to taking this route.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
High Purchase Prices Tank Deals
Why Deals Fail: Unrealistic High Asking Prices Are Usually The Culprit
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Director & Financing Expert) discusses the most common reason deals fall through; steep asking prices.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Due Diligence Strategies Explained By Willard Michlin, CPA
Should You Do Due Diligence Yourself When Buying A Business?
Willard Michlin, CPA, CFE (800-864-0420) 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
Differences Between Business Appraiser CPA Due Diligence Expert
Differences Between Business Appraisers, CPAs, Due Diligence Experts
Differences between a Business Appraiser, CPA auditor and Due Diligence Expert? Here are some insights that will be useful for someone engaged in, or planning to conduct due diligence when buying a small business. Willard Michlin, CPA (800-864-0420) explains the differences between these resources.  By Willard Michlin   View All Willard Michlin Blog Posts
Due Diligence When Buying A Dry Cleaning Business
Case Study: Key Items To Watch Out For When Buying A Dry Cleaning Business
This is a case study of one of his diligence assignments regarding a dry cleaners for sale in Los Angeles County, California. Willard Michlin, CPA discusses a recent due diligence assignment for a business buyer and what mistakes and miscues many of the participants in this transaction / deal made.  By Willard Michlin   View All Willard Michlin Blog Posts
10 Questions Buying A Business
The Top 10 Questions You Should Ask Before Buying A Business
Before buying a business all business buyers should ask themselves some key questions about possible buying a small California business, franchise, or opportunity. Covering these questions will determine if you are in the right time of your live to possible buy a business and become an entrepreneur.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Alternative Financing To Buy A Small Business
What You Need to Know About Using Alternative Financing To Buy A Business
Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Business Buyers Biggest Mistakes
What Are Business Buyers Biggest Mistakes? We Examine The Most Common
A potential business buyer in our ProBuy Program searching to buy a California business asked me to sum up what I though the biggest mistakes business buyers make when they searched and bought a business. I asked several BizBen resources their thoughts on the matter and received a diverse response.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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