About This Blog
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Peter Siegel, MBA is a nationally known consultant and author - with over 25 years experience on the topic of selling, buying, and niche financing (the purchase of), small to mid-sized businesses. His clients include: business buyers, business owners/sellers, small business advisors, and business brokers. |
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This Blog contains observations, tips, news, events, and case studies relating to selling or buying a small business. |
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This Blog is ideal for business buyers, business owners, advisors, business brokers & agents. |
Contact Me
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Contact me by phone at 866-270-6278 |
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Disclaimer
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Opinions expressed on this site do not necessarily represent those of BizBen. |
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Opinions expressed here do not constitute legal advice. Those interested in specific guidance for legal matters should seek competent professional advice. |
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Posts contributed by Willard Michlin
The following posts were contributed by Willard Michlin.
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Posted on September 22, 2009
 Audits, Business Analysis, Evaluations, & Profitability Analysis

Everyone knows that when you buy a business you need to have an audit of the books to see where the seller may be hiding some facts. What is less understood is that a business analysis is even more important and should be done before spending lots of money on an audit. Willard Michlin discusses these issues in this blog/article.

Posted at 9:06am | 2 Comments
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Posted on September 21, 2009
 Business Appraisers, CPA's, Due Diligence Experts

The buyer of a small California business needs three experts on his or her team when conducting due diligence. What are their functions and how do they carry out their work in the case where a seller's statements about the company's earnings cannot be proven? Here are some insights that will be useful for someone engaged in, or planning to conduct due diligence.

Posted at 6:05am | 5 Comments
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Posted on August 24, 2009
 Should You Knowingly Overpay For A Business?

Willard Michlin 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.

Posted at 7:30am | 4 Comments
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Posted on August 21, 2009
 Find Your Passion In Your Work When Buying A Business

Willard Michlin, a due diligence consultant discusses finding that passion about your work when buying a small business. In this article he explores how to tap into that passion when searching for and buying your special small business.

Posted at 8:07am | 3 Comments
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Posted on August 11, 2009
 Mentoring In How To Buy A Business

Mentoring can be an important process when buying a small business. Willard Michlin, a due diligence specialist shares his views on the mentoring process in this article about how business buyers can "profit" from such a relationship.

Posted at 7:40am | 4 Comments
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Posted on July 7, 2009
 Adjusted Net Income Defined By Due Diligence Service

Adjusted net income is sometimes a difficult concept to grasp when buying or selling a business. Willard Michlin who provides a due-diligence service for business buyers in the Ventura and Los Angeles County area gives us his definition. Willard Michlin defines adjusted net income in this blog post/article.

Posted at 6:32am | 5 Comments
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