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 Steve Fitzgerald
The following posts were contributed by Steve Fitzgerald.
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Posted on October 8, 2009
San Diego Workshop: What’s My Business Worth in Today’s Market? 11/11
Steve FitzGerald, a San Diego business broker is presenting his next San Diego workshop: What’s My Business Worth in Today’s Market? He will provide information on how to ascertain a realistic valuation range on your business, whether in good times or bad. He will also cover recent changes to the availability of credit to business owners as well as buyers looking to purchase a business. This workshop is free, but participants must RSVP.
Posted at 7:25am | 0 Comments
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Posted on August 26, 2009
Factors That Influence When To Sell A Business
Factors that influence a business sale include: {1} if someone offers you substantially more than what the business is really worth, {2} if you have reason to believe you have significant health issues ahead of you, {3} if your spouse hates the business and wishes that you were no longer involved in owning it, {4} if you are ready to retire or want to move on to other opportunities, and {5} if you can accurately predict forthcoming doom and gloom coming in either your industry or in the overall economy. Steve Fitzgerald, business broker in San Diego explores these issues with BizBen Blog readers.
Posted at 8:25am | 5 Comments
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Posted on July 16, 2009
What Is Involved In Selling A Franchised Business?
When buying a small business franchise in California, most people focus on the rules and their rights to operate their companies, and don't give much thought to the provisions of the franchise agreement that will become pertinent when they go to sell. Before purchasing a franchise, it's a good idea to know what will be involved, either a few, or several years from now, when it's time to retire or move on to another business. Steve Fitzgerald a Southern California business broker discusses parts of the franchise agreement that pertain to sale of the franchise, and should be understood.
Posted at 9:01am | 4 Comments
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Posted on July 12, 2009
How To Be A Stronger Business Buyer
People who are looking to purchase a business are generally lumped into an overall category referred to as 'Buyers’. I can tell you from many years experience as a business broker that all Buyers are not created equal. Steve Fitzgerald a San Diego business broker discusses how business buyers approach the task of interfacing with brokers and meeting with sellers can make their search very productive or exceedingly frustrating and inefficient.
Posted at 6:09pm | 3 Comments
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Posted on August 13, 2008
How Are Small Businesses Valued by Buyers and Lenders?
In the vast majority of cases, a Buyer will come to a decision as to the value of a business they are interested in buying based upon six primary issues. This article explains the differences in valuation according to buyers vs. lenders.
Posted at 11:34am | 0 Comments
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Posted on July 2, 2008
All SBA Lenders are NOT Created Equal
With “sub-prime” entering into the national lexicon and devastating many of the world’s financial institutions, it should not be surprising that there has been a direct affect on Small Business Administration (SBA) lenders as well. Many of these lenders joined in the lending exuberance of their mortgage cousins and are now feeling their pain. Some lenders have backed out of SBA loans altogether, and others tightened their requirements to the point where no one who actually needs the money would qualify to borrow it.
Posted at 7:12pm | 0 Comments
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