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The Steps in Selling a Business With A Business Broker
The Steps In Selling A Business With A Business Broker
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
Qualifying Business Buyers
Qualifying Business Buyers: Lee Petsas Discusses Strategies
Lee Petsas, a Southern California business broker addresses how he handles potential business buyers when they request information on a business for sale listing. He gives his strategies and tips for handling and directing business buyer inquiries.  By Lee Petsas   View All Lee Petsas Blog Posts
Confidentiality: Why Keeping A Deal Quiet Is Important
Confidentiality: Why Keeping A Deal Quiet Is Important
Owners should keep the fact that they want to sell their business confidential. Before releasing information to prospective buyers, those buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.  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
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
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
Emotional Side Of Selling A Business
Selling Your Business - The Emotional Side Of Business Brokering
The first broker I ever worked for said, "Every deal you have will die at least 5 times before it closes. How you handle that, will determine whether you can survive doing this for a living." As I enter my 11th year doing this, I still smile at that memory because it is as true today as it was then.  By Christina Lazuric, CBI   View All Christina Lazuric, CBI Blog Posts
Buying A California Food Truck Business
Buying A Food Truck Business Opportunity: 5 Things To Consider
Buying a food truck is an option to consider if you want to get into the food service business. With food trucks growing in popularity, they are quickly becoming a viable alternative to buying a traditional brick and mortar restaurant and using it as a vehicle to get your food out to the masses.  By Peter Siegel   View All Peter Siegel Blog Posts
Bob Hughes On Goodwill Selling A Business
Bob Hughes Answers: What Is The Goodwill Of Your Business?
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
Allocation Of The Purchase Price
Allocation Of The Purchase Price When Selling A California Small Business
There are a handful of key asset categories in allocating or breaking down the purchase price allocation of a business sale. The allocation is required to complete the transaction. Lee Petsas, a Southern California business broker reviews this topic in detail for buyers and sellers of businesses.  By Lee Petsas   View All Lee Petsas 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
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
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
Five Myths About Selling A Business
5 Myths About Selling A Small Business
There are many myths associated with the process of selling a business and some of them can actually cause deals to fall through. Don’t let your sale be comprised, be aware of these common misconceptions related to the process of selling your business. Peter Siegel, with BizBen explores these myths.  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
Selling A Home Based Business
5 Tips To Help You Sell Your Home Based Small Business
Unlike a traditional brick and mortar business, selling a home business requires more finesse on the part of the seller. You really need to do your due diligence and prepare the business to be sold in order to make it attractive to a buyer. Here are my tips to achieving a successful sale.  By Peter Siegel   View All Peter Siegel Blog Posts
Telling Buyers About Unreported Income
Selling A Business: Telling Potential Business Buyers About Unreported Income
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.  By Peter Siegel   View All Peter Siegel Blog Posts
New eBook Reveals How to Sell A California Business
New eBook Reveals How To Sell A California Business In The New Economy
A new ebook has been published to help owners who are ready to sell a California business in the current market. It explains how the New Economy has impacted the state’s business for sale marketplace and provides effective strategies for overcoming the problems that recently have ruined many deals.  By Peter Siegel   View All Peter Siegel 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
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