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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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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5/7/08
What Makes Franchises So Successful?
Franchised businesses are more than twice as likely to still be in business after 5 years than non-franchised businesses. This is a compelling reason for any aspiring entrepreneur to consider buying a franchise.
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4/29/08
What is a Franchise UFOC?
The Uniform Franchise Offering Circular (UFOC) is a comprehensive document every franchisor is required to process and keep current. The FTC requires franchisors to give the UFOC to prospects that want to purchase a franchise from the franchisor.
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4/24/08
Why an Internet Franchise May be Right for You
You may not want the drawbacks associated with a traditional brick and mortar business, which includes employees, office space, lots of overhead, and more. If that’s the case, then an internet franchise may be perfect for you.
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4/15/08
Selling An Franchise? Keep The Franchisor Involved!
If you own a franchise and are ready to sell, do not forget about the franchisor because they are an important part of selling your business. Joe Robertson with California Business Brokers discusses key points about this issue.
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10/29/07
Franchise Wireless Toyz Offering Franchise Seminar
You'll hear about what is takes to own and operate a wireless retailer, how you can represent the biggest name in brands in the wireless industry, what are the costs of ownership and how being part of a nationwide wireless retailer is the best avenue to get into this fast growing industry.
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9/24/07
Franchising Tip: Check Legal History Of Franchisors
Todays Franchising Tip: Check Legal History Of Franchisors - Most franchisors have agreements about your legal rights as a franchisee. BizBen viewers rated a liquor store listing, a preschool with real estate company, and a cafe busienss as some of the more popular California businesses for sale that were listed yesterday on BizBen.com.
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8/6/07
Franchising Tip: Franshisor To Competitor
Todays Franchising Tip: Franshisor To Competitor - When a franchise location starts to become successful, a franchisor may want to move in and stake claim. BizBen viewers rated a postal service company, a market opportunity, and an auto repair service listing as some of the more popular California business opportunities and franchises for sale that were listed yesterday by small business owners, agents, and business brokers on BizBen.com.
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7/31/07
Buy Franchise Tip: Every Franchise Has Problems
Todays Buy Franchise Tip: Every Franchise Has Problems - Even large franchisors like McDonalds have bought back or assumed control of underperforming franchises. BizBen viewers rated a tent liner rental company, a tire franchise listing, and a mobil coffee business as some of the more popular California business and franchise opportunities for sale that were added yesterday on BizBen.com by business brokers, agents, and owners of small businesses.
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7/19/07
Franchises For Sale Tip: Check The Credit History
Todays Franchises For Sale Tip: Check The Credit History On The Franchisee - Get a Dun & Bradstreet credit report on the franchise business. BizBen viewers rated a Curves franchise company, a furniture store listing, and a fast food franchise business as some of the more popular California franchises and businesses for sale on BizBen.com
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5/9/07
City Publications Franchises Available In SF Bay Area
City Publications a national franchise is now expanding into the San Francisco Bay Area. They provide a direct mail program that is ideal for buyers of small businesses looking for guidance, training, and a protected program.
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4/3/07
Glamour Secrets Franchises Coming To Southern California
Glamour Secrets a beauty supply franchise with over 75 stores in North America is coming to Southern California and has 10 stores available. Doug Castino who is a Southern California franchise developer is coordinating the sales of these unique franchises.
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2/27/07
California Franchises - What you Must Know
Did you know that California is the #1 state for franchising? Prosper Magazine is a lifestyle business magazine based in Sacramento. They recently published an article on franchising that is very well done.
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2/16/07
California Franchises Make FTC List
The Federal Trade Commission (FTC) just published a guide on avoiding fraud in business opportunities ads. California has more franchises than any other state in the nation. A list of California franchises investigated by the state.
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2/9/07
Franchise Owners Take Quiznos to Court
It's buyer beware when buying a franchise as a recent Business Week article illustrates. Troubled Quiznos owner Bhupinder "Bob" Baber killed himself in early November. He formed an association to handle complaints like his. Many other franchise chains now have independent associations.
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1/31/07
Franchise Opportunity Tops Businesses Sold in California
Franchise opportunity sells for 98% of asking price. A meal prep franchise sold last week with help from Joan Young, a business broker at Sunbelt Business brokers. Following the story there is a list of businesses sold recently in California.
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1/7/07
Franchises for Sale Tip: Have A Professional Business Valuation Performed Before Selling A Business
Franchises for Sale Tip: Have a professional business valuation performed before you sell your business - Getting a 3rd party professional business appraisal/valuation is important and critical for the process. BizBen viewers rated a Sprint/Nextel store opportunigy, a dry cleaning agency business, and a franchise sandwich company as some of the more popular California businesses for sale that were listed yesterday on BizBen.com.
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9/11/06
Business Buyers Should Qualify Business Sellers Also
Business sellers selling a small to mid-size business sometimes pull out of a deal for various reasons. Business buyers need to know the signs a seller may be thinking of of not selling or pulling the deal off the market entirely.
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8/25/06
Selling Off Clients - Not A Great Franchise Businesses For Sale Strategy
When selling an established franchise business selling a book of business is sometimes the worst thing you can do if you trying to maximize the selling price. This example shows how a small business owner could have gotten a lot more cash if he would have sold the entire franchise.
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