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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
How To Buy Smog Test Only Stations In California
Buying A Smog Shop - Expert Tips From Smog Shop Brokers And Agents
If you are looking at California smog shops with the idea of buying one in order to have your own business, you'll be pleased to know this type of company can be quite profitable if operated properly. To get the best return on your investment in this business, plan to work as the test technician.  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
5 Tips When Selecting A Business Broker
5 Best Tips When Choosing A Business Broker When Selling Your Business
Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.  By Peter Siegel   View All Peter Siegel Blog Posts
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
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
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
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
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
Broker Cooperation Selling A Business
Before You Select A Business Broker - Do They Co-Broker?
To receive the fullest exposure for selling their business, small business owners should make sure their listing broker is co-operating with other business brokers and agents. Christina Lazuric a Southern California business broker discusses this topic.  By Christina Lazuric, CBI   View All Christina Lazuric, CBI 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
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
Seller Financing 3 Items To Consider
Seller Financing: Terms To Negotiate If You Buy A Business
The idea to buy a business with seller financing is clearly understood by most people whose career move is to purchase their own company. But not everyone knows how to structure a deal with the seller carrying back part of the price. Be prepared for three situations when negotiating your purchase.  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
Valuing And Selling Your Preschool
How To Value Your Preschool Business So Buyers Do Not Take You To School
There are several things to consider when placing a value on a preschool. Businesses that are regarded as leading preschools in their area can go for premium prices so know what you have so a potential buyer can’t take advantage of your lack of knowledge. Peter Siegel with BizBen.com explains.  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
2014 Business Sales Total Outnumber 2013
More Business For Sale Deals Completed Last Year Than In 2013
The number of business for sale offerings changing hands in California last year rose about 5% over the count of completed deals posted during 2013, according to the BIzBen Index. A total of 15, 513 transactions were closed in 2014 compared to the count of 14,764 sales made during the previous year.  By Peter Siegel   View All Peter Siegel Blog Posts
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