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3 Reasons Sellers Do Not Sell Their Busiiness
3 Poor Reasons Why Sellers Do Not Offer A Business For Sale In Good Economy
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.  By Peter Siegel, MBA   View All Peter Siegel, MBA 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
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
Earnest Money For A Down Payment
Why Earnest Money Deposit Requirements Can Be High
Peter Siegel, Founder of BizBen and Director of the ProBuy and ProSell Programs on BizBen explores why earnest money deposits serve several purposes when buying or selling a small business. Several contributors on BizBen weigh in on this topic on this BizBen blog post.  By Peter Siegel, MBA   View All Peter Siegel, MBA 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
Unreported Cash
Unreported Income: Should Sellers Disclose Unreported Cash To Potential Buyers?
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, MBA   View All Peter Siegel, MBA 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, MBA   View All Peter Siegel, MBA 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, MBA   View All Peter Siegel, MBA 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, MBA   View All Peter Siegel, MBA 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, 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, MBA   View All Peter Siegel, MBA Blog Posts
Leases Buying Selling Laundromats
The Laundry Lease And Its Effect On The Laundromat Valuation
Read why longer leases increase the value of a card or coin laundromat when buying or selling a laundry. Chuck Post (Laundry Broker, Consultant at 619-227-5711) expands on the topic of lease structures on the purchase or selling of a laundromat. He also discusses tips on working with landlords.  By Chuck Post   View All Chuck Post 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, MBA   View All Peter Siegel, MBA 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
Small Business Sales Up August California
California Business For Sale Deals Hit A 5 Year High Says BizBen Index
California business for sale transactions for last month - August hit a five-year high. Transactions are up 32% over the previous August it was reported by the BizBen Index. The number of transactions completed in the month of August this year reached 1,615 compared to the 1,216 in August 2015.  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, MBA   View All Peter Siegel, MBA 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, MBA   View All Peter Siegel, MBA Blog Posts
2014 Will Be A Good Year For Small Business Sales
2014 Will Be A Good Year For Small Business Sales
I predict 2014 to be a good year for small businesses. Not only for small business owners who want to continue running their company but also for those owners who plan to sell. There is a new wave of Entrepreneurs ready to take the step toward business ownership & 2014 may be the perfect time.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Tips For Selling Your Restaurant
Important Points To Consider When Selling Your Restaurant
Christina Lazuric, a Southern California Restaurant Business Broker discusses ideas that all restaurant owners should read about before selling their restaurant. In this article Christina talks about how to find the right buyer, timing, setting a price, how to structure the deal, and more.  By Christina Lazuric, CBI   View All Christina Lazuric, CBI Blog Posts
Tips For Selling Your Restaurant
5 Real Tips For Selling Your Restaurant
Christina Lazuric, an Orange County Restaurant Business Broker Specialist discusses tips that all restaurant owners should read about before selling their restaurant. In this article Christina talks about presentation of the restaurant, knowing your financials, licenses involved  By Christina Lazuric, CBI   View All Christina Lazuric, CBI Blog Posts
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