California Businesses For Sale, Opportunities, Franchises, Opportunity Sales - BizBen.com California Businesses For Sale Since 1994! The Best Way To Buy Or Sell A California Business!

   


Posts contributed by Lee Petsas
The following posts were contributed by Lee Petsas.
Posted on October 28, 2009

Deposits With Purchase Agreements: Rules And Guidelines

Lee Petsas, a Southern California business broker discusses purchase agreements when buying or selling a business in his new article on BizBen, "Rules And Guidelines About Deposits With Purchase Agreements". Lee discusses: How much consideration should I give as deposit? Are Deposits refundable and when? Cashing Deposits and Opening Escrow, Return of Deposit to Buyer, Why do we take a deposit from a buyer when preparing and executing a Purchase Agreement Contract?

Posted at 7:21am | 5 Comments

Posted on October 19, 2009

Qualifying Business Buyers: Lee Petsas Discusses Strategies

A small busines owner recently asked the question on the BizBen blog, "how do I qualify potential business buyers to see if they are truely interested in buying my business?" Lee Petsas, business broker addresses how he handles potential business buyers when they request information on a business for sale listing.

Posted at 8:02am | 5 Comments

Posted on August 18, 2009

Selling A Business: When And How To Tell Employees

Lee Petsas a Southern California business broker writes about his experiences relating to when to tell employees the business is for sale or has been sold. If you are thinking of or in the process of selling a small business but not sure when to approach your employees read this article for different approaches and ideas.

Posted at 8:08am | 5 Comments

Posted on August 4, 2009

Allocation Of The Purchase Price In A Business Sale

There are a handful of key asset categories in allocating or breaking down the purchase price of a business during the sale process. In many instances buyers and sellers have different desires in how to “chop up” the purchase price. The allocation in required to complete the transaction. In this blog post/article Lee Petsas covers the most common used asset allocation classes.

Posted at 6:15am | 4 Comments

Posted on July 28, 2009

Selling Your Business Note After You Sell Your Business

It definitely helps to sell your business if you carry a note for the buyer. What about selling your note after the close of escrow? Do you want to effectively “cash out” of the sale? There are companies who specialize in purchasing Business Notes (of course at a discount). You can sell all or part of your note. Lee Petsas discusses this entire process in his latest article on BizBen.

Posted at 8:05am | 4 Comments

Posted on July 9, 2009

Structuring Owner Carry Notes

Due to the current state of the Credit Markets and Bank Financing, Seller financing is more important then ever in facilitating the actual close of escrow in a Business Sale. Everyone is aware of the difficulties in procuring financing on small businesses these days. Everything must be perfect. At one point a few years ago I think I could have gotten my family dog a loan. Today worthy buyers are still getting rejected. The bail out has not reached Main Street. Lee Petsas, business broker walks us through the nuances of owner carry notes - i.e. seller financing.

Posted at 6:25am | 5 Comments