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. |
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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 Ron Hottes
The following posts were contributed by Ron Hottes.
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Posted on September 3, 2009
Should You Buy Assets or Stock When Buying A Business?
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. Ron Hottes explores the advantages and disadvantages from a business buyer's perspective.
Posted at 8:09am | 4 Comments
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Posted on August 11, 2009
New Types Of Business Buyers Emerge In Current Economy
As the country continues to struggle with the ups and downs of the economy, and California sees its way through a troubling budget, many things are being forced to change. One change that is emerging from the challenged business brokerage industry is several new types of business buyers many business brokers and agents are now seeing. Ron Hottes (business broker in Southern California) discusses the traits of these business buyers.
Posted at 8:16am | 4 Comments
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Posted on July 14, 2009
Cash Flow/SDE: Determining The Worth Of A Business
The value of the small business is mostly determined by the cash flow (or business brokers use the term "Seller's Discretionary Earnings" instead to be more accurate). Seller's Discretionary Earnings (SDE) is defined as net income before taxes (operating income); interest; depreciation and amortization; owners compensation; owners benefits; and non recurring expenses. James Jun, MBA - Vice President with Business Team in Southern California (Ron Hotte's office) explains how he calculates the value of a business.
Posted at 9:01am | 6 Comments
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Posted on June 11, 2009
Business Sellers Need To Be Optimistic, But Realistic As Well
If you are a small business owner thinking of selling your company you need to be realistic on how the sale will move forward. You need to put just as much preparation into the sale of your business as you did when you started it. A seller needs to be optimistic about their expectations, but realistic as well. Ron Hottes, a business broker in Southern California notes several items business owners should think about before going to market to sell their business.
Posted at 7:56am | 4 Comments
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Posted on June 4, 2009
How To Hire A Good Attorney When Buying A Small Business
Businesses acquisitions come in all types and sizes, and so do lawyers, law firms and legal services. Hiring a good lawyer is very important because they can have a great amount of input over the success, or lack of success in purchasing a business. Careful selection of the right lawyer to guide you through the process of buying a business is critical. Most people spend more time shopping for groceries than they do for selecting a good lawyer. Southern California business broker Ron Hottes gives his perspective on utilizing attorneys when buying a small businesses.
Posted at 8:42am | 4 Comments
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Posted on May 4, 2009
Despite Economic Woes: A Good Time To Buy Or Sell
You wouldn’t think that now is a good time to buy or sell a business. However, even in the midst of a recession the timing might be just right, creating opportunity for small business owners looking to retire and inspiring entrepreneurs looking to control their future. Ron Hottes explains why even now is a good time to sell or buy a small business.
Posted at 7:10am | 3 Comments
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Posted on September 18, 2007
Ron Hottes Leaves Sunbelt Business Brokers
Ron Hottes, Business Broker a longtime Sunbelt Business Brokers franchisee has left Sunbelt and merged with Business Team and opened a Southern California office
Posted at 7:50am | 2 Comments
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