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Selling Your Business Due Diligence Issues
Selling Your Business: Ensuring Successful Due Diligence
Since the price a business owner receives when he sells his business is directly proportional to the earnings, it is in the owner's best interest to recast the earnings to industry standards to make sure he is maximizing the sale price. Greg Carpenter explains his views in this BizBen blog post.  By Greg Carpenter   View All Greg Carpenter Blog Posts
How To Plan Value Your Business For Sale
8 Tips To Maximize Your Businesses Value And Attract The Right Buyers
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.  By Peter Siegel   View All Peter Siegel Blog Posts
Selling A Business Online
Selling A Business Online - Common Mistakes To Avoid
Selling a business online, while often effective for finding the right buyer, is a strategy sellers need to execute correctly in order to be successful. That means avoiding the six common mistakes made by sellers. Peter Siegel, BizBen Founder talks about what it takes to effectively sell a business.  By Peter Siegel   View All Peter Siegel Blog Posts
Agents To Sell Business Listings
Should Owners Hire Agents To Sell Business Listings?
Owners often ask agents to sell business offerings for them. It's usually more difficult than selling houses when working to find a buyer for a business, to satisfy contingencies and close escrow. Business sales intermediaries either agents or brokers may want large fees, but often are worth it.  By Peter Siegel   View All Peter Siegel Blog Posts
What Type Of Business Seller Are You
What Type Of Seller Are You? Selling Your Business Depends On Your Approach
If you are planning to offer your small business for sale, you ought to learn about your chances of succeeding. The probability of making a sale depends largely on which of seven seller types describes you. Use this self-test to find out what kind of seller you are and determine if you'll succeed.  By Peter Siegel   View All Peter Siegel Blog Posts
Do Not Make It Hard To Buy Your Business
Owners - Do Not Make It Hard To Buy Your Business
Successful business sellers need a game plan to sell their California small business for maximum price and for the best terms. Peter Siegel, MBA discusses these strategies with BizBen Blog readers.  By Peter Siegel   View All Peter Siegel Blog Posts
3 Recycling Businesses To Take A Look At
Recycling Services: 3 Businesses That Will Turn Old Stuff Into New Money
People think of recycling and think of a facility that recycles trash. While this is true a large facility is expensive to open and operate. With that said, in this post, I will focus on 3 small business opportunities in the recycling industry that are more manageable for the average entrepreneur.  By Peter Siegel   View All Peter Siegel Blog Posts
Showing Your Business - Tips For Business Buyer Visits
Showing Your Business - Tips For Business Buyer Visits
Showing your business when selling is one of the most important steps in the sale process & how it is done will greatly effect the selling price. There are two areas to be concerned with, how the business looks & how you react to the prospective buyer. Bob Klein, business appraiser gives his views.  By Bob Klein   View All Bob Klein Blog Posts
Avoid These Errors When Selling A Business
Six Seller Secrets: Avoid These Errors When Selling A California Business
Recognizing that 70% of the California small and mid-market-sized businesses offered to buyers are never sold, and that some of the obvious reasons - over-pricing, inadequate records, insufficient lease - have been discussed in detail, it might be useful to point out lesser known problems.  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 Appraisal Sector Differ
Differences And Opinions In The Business Appraisal Sector Differ
Most people would think that the business appraisal sector would be a very organized group, but they are not. I recently reviewed an article on a business appraisal technique by a writer from a Business Appraisal Association & half the professional appraisers responding did not agree with the writer.  By Bob Klein   View All Bob Klein Blog Posts
Determine Whether Business Buyer Is Sincere
How To Determine Whether The Buyer For Your Business For Sale Is Sincere
A problem owners encounter when offering a California business for sale is that not all so-called buyers are qualified to make the purchase. It's frustrating and costly to waste time showing non-qualified buyers the business. Here are ways to identify time wasters so the focus is on real buyers.  By Peter Siegel   View All Peter Siegel Blog Posts
Getting Your Laundromat Ready For Sale
Increasing Your Laundry Business, Getting Your Laundromat Ready For Sale
Steve Erlinger, a laundry specialist broker discusses what successful laundry owners do to increase business. Explaining that running a laundromat is a simple business, but it’s not easy - Steve gives tips and details about how to get your laundromat in top shape and ready to sell for top dollar!  By Steve Erlinger   View All Steve Erlinger 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
Selling Your Business Note
Pro Tips: Selling Your Note For Top Dollar After Selling Your Business
There are companies who specialize in purchasing Business Notes (of course at a discount). You can sell all or part of your note. Peter Siegel, Business Purchase Financing Expert discusses this entire process in his latest article on selling your business note after you sell your business.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Selling Your Business With ObamaCare In Place
How ObamaCare Will Affect Buying Or Selling A California Small Business
The implementation of the Patient Protection and the Affordable Care Act also known as "ObamaCare" is one of the most talked about bills to come out of President Obama's time in office. A look at how ObamaCare has and is going to impact the market for buying and selling a business.  By Peter Siegel   View All Peter Siegel Blog Posts
How To Buy Or Sell Employement Agencies
Buying An Employment Agency - Now May Be The Time
Some prospective business purchasers ask if they should buy an employment agency. California’s declining unemployment suggests a healthy market for businesses that connect job openings with applicants. It’s important to know how to evaluate opportunities when seeking this type of business for sale.  By Peter Siegel   View All Peter Siegel Blog Posts
Business Appraisal Common Sense Business Valuations
Creating An Accurate Business Appraisal
Appraising businesses accurately is not an easy task. There are many different methods that can be used along with variations for the purpose of the appraisal. None of these methods, by its self addresses the total value of a business. Business appraiser Bob Klein explains his views and experiences.  By Bob Klein   View All Bob Klein Blog Posts
Seller Financing When Selling A Business
If You Plan To Offer Seller Financing: 3 Things You Need to Know
When selling your small business, offering seller financing is a great way to help your business standout from others on the market and it is also a good strategy to consider that can help you close a sale. If you plan to offer seller financing there are a number of things you need to know.  By Peter Siegel   View All Peter Siegel Blog Posts
Selling Your Laundry Business
How To Sell Your Laundromat And Not Get Taken To The Cleaners!
Laundromats and coin operated Laundromats are popular choices among business buyers as they often can be successfully run as an absentee run business. You need to be strategic about when you sell your Laundromat so you don’t get taken to the cleaners by a buyer and so that you maximize your profits.  By Peter Siegel   View All Peter Siegel Blog Posts
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