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
Goodwill is what a business owner has built into his business over the years. Bob Hughes, a long time business broker serving the Coachella Valley & the San Diego County area gives his definition of goodwill and what is included when buying and selling small to mid-sized businesses. By Bob Hughes View All Bob Hughes Blog Posts
Due to the current state of the credit markets and bank financing, seller financing when selling a California small business is more important then ever in a business sale. Lee Petsas, Southern California business broker walks us through the nuances of owner carry notes - seller financing. By Lee Petsas View All Lee Petsas Blog Posts
Only 30% of all California Businesses for sale that are put on the market overall are sold! A surprising statistic to most business owners, agents, and brokers trying to sell a California business! If however you follow the strategies below (from the BizBen ProSell Program) you should see success! By Peter Siegel View All Peter Siegel Blog Posts
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. By Willard Michlin View All Willard Michlin Blog Posts
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. By Bob Hughes View All Bob Hughes Blog Posts
There are companies who specialize in purchasing Business Notes (of course at a discount). You can sell all or part of your note. Lee Petsas, a Southern California business broker discusses this entire process in his latest article on selling your business note after you sell your business. By Lee Petsas View All Lee Petsas Blog Posts
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. By Bob Klein View All Bob Klein Blog Posts
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 California small business. Willard Michlin, CPA explains the differences between these resources. By Willard Michlin View All Willard Michlin Blog Posts
Ron Hottes walks you through the steps in selling a business through a business broker. It all starts with: An initial meeting between the Business Owner (Seller) & Seller’s Broker where the selling process is explained and a free valuation is used to determine the value of the business. By Ron Hottes View All Ron Hottes Blog Posts