http://www.bizben.com/blog/ The BizBen blog contains information about buying and selling small and mid-sized businesses. Topics include how to buy or sell business opportunities, franchises, and other aspects of selling and buying small businesses. http://www.bizben.com/images/peter-bw-sml.jpg http://www.bizben.com/blog/ 07 Feb 2010 11:38:23 CST BizBen http://www.bizben.com en http://www.bizben.com/blog/posts/679-earnest-money-deposit-requirements.php http://www.bizben.com/blog/posts/679.php#comments 04 Feb 2010 06:11:00 CST Peter Siegel, MBA BizBen Blog Contributor Buying A Business Selling A Business http://www.bizben.com/blog/posts/679-earnest-money-deposit-requirements.php Tawnya Gilreath a Los Angeles area business broker explains why earnest money deposits serve two purposes. First, they show the Seller that you are serious about buying the business. Secondly, in the event that you as the Buyer default on the purchase agreement after due diligence and other contingencies have been removed, the earnest money deposit typically serves as liquidated damages to the seller. http://www.bizben.com/blog/posts/679-earnest-money-deposit-requirements.php http://www.bizben.com/blog/posts/679-earnest-money-deposit-requirements.php http://www.bizben.com/blog/posts/401k-financing-to-buy-a-business-032309.php http://www.bizben.com/blog/posts/1022.php#comments 04 Feb 2010 05:39:00 CST Peter Siegel, MBA Business Purchase Financing http://www.bizben.com/blog/posts/401k-financing-to-buy-a-business-032309.php If you have been considering starting a new business, or purchasing an existing business, you have probably been considering first how to capitalize your investment. Did you know you could use your retirement funds to finance a business without having to pay taxes and penalties? Enter a new form of business financing that relatively few are familiar with today- 401(k)s, IRAs and other tax deferred retirement plans. Cyrus Safavian walks you through the process of financing utilizing your retirement funds. http://www.bizben.com/blog/posts/401k-financing-to-buy-a-business-032309.php http://www.bizben.com/blog/posts/401k-financing-to-buy-a-business-032309.php http://www.bizben.com/blog/posts/buying-selling-restaurants-032509.php http://www.bizben.com/blog/posts/661.php#comments 03 Feb 2010 05:42:00 CST Peter Siegel, MBA BizBen Blog Contributor Business Broker Issues Buying A Business http://www.bizben.com/blog/posts/buying-selling-restaurants-032509.php People who know me know my opinion about what it takes to be successful in the restaurant business - and it's not just a good location. What makes a difference time and time again is the difference in management. Good management is the key to success. Every time you hear its Location Location Location, I say it's Execution Execution Execution! This blog post/article was written by Jeff Back, restaurant sales specialist in the San Francisco Bay Area. http://www.bizben.com/blog/posts/buying-selling-restaurants-032509.php http://www.bizben.com/blog/posts/buying-selling-restaurants-032509.php http://www.bizben.com/blog/posts/pawn-shop-listing-leads-020310.php http://www.bizben.com/blog/posts/1548.php#comments 03 Feb 2010 04:09:00 CST Peter Siegel, MBA BizBen Top 20 http://www.bizben.com/blog/posts/pawn-shop-listing-leads-020310.php With over 350 new listings posted yesterday on BizBen viewers - top picks included a Santa Cruz Pawn Shop, a Hayward Restaurant, a Santa Clarita Sports Bar & Grill, a San Diego Male Stamina Pill Company, a Westminster Coin Laundry, as some of the more popular California small and mid-sized businesses for sale that were added and reviewed by business buyers, business brokers, agents, intermediaries, and business owners yesterday on BizBen.com. http://www.bizben.com/blog/posts/pawn-shop-listing-leads-020310.php http://www.bizben.com/blog/posts/pawn-shop-listing-leads-020310.php http://www.bizben.com/blog/posts/401k-business-purchase-financing-webinar.php http://www.bizben.com/blog/posts/1034.php#comments 02 Feb 2010 15:39:00 CST Peter Siegel, MBA Business Purchase Financing California Educational Events http://www.bizben.com/blog/posts/401k-business-purchase-financing-webinar.php In this free online webinar we will discuss how investing your 401(k) funds into a business works, the "do's and dont's" of operating the plan, and maximizing your 401(k)s profit potential while investing in your own future. Don't miss out! One of the nation's premier 401(k) business rollover specialists, Cyrus Safavian, is hosting the event to answer all of your 401(k) rollover questions. http://www.bizben.com/blog/posts/401k-business-purchase-financing-webinar.php http://www.bizben.com/blog/posts/401k-business-purchase-financing-webinar.php http://www.bizben.com/blog/posts/los-angeles-workshop-laundry-012610.php http://www.bizben.com/blog/posts/1538.php#comments 21 Jan 2010 19:23:00 CST Peter Siegel, MBA California Educational Events Selling A Business http://www.bizben.com/blog/posts/los-angeles-workshop-laundry-012610.php This free Los Angeles workshop offers coin laundry owners the following information: The TRUE value of your Coin Laundry, What "Low Cost" improvements you can make to improve the Selling Price and speed up the sale, Set up a long-term program to maximize the value of the business over a 12 to 18 Month period. This workshop is offered by Chuck Post at Post Business Investments. http://www.bizben.com/blog/posts/los-angeles-workshop-laundry-012610.php http://www.bizben.com/blog/posts/los-angeles-workshop-laundry-012610.php http://www.bizben.com/blog/posts/coin-laundry-workshops-26070.php http://www.bizben.com/blog/posts/1169.php#comments 02 Feb 2010 15:09:00 CST Peter Siegel, MBA BizBen Blog Contributor Buying A Business California Educational Events http://www.bizben.com/blog/posts/coin-laundry-workshops-26070.php Chuck Post, a coin laundry consultant and specialty broker offers this live workshop to potential business buyers of coin laundries. In his San Diego workshop you will learn what to look for and also what to look out for when you are searching and buying a coin laundry. http://www.bizben.com/blog/posts/coin-laundry-workshops-26070.php http://www.bizben.com/blog/posts/coin-laundry-workshops-26070.php http://www.bizben.com/blog/posts/buyer-seeks-SF-retailer-012610.php http://www.bizben.com/blog/posts/1536.php#comments 26 Jan 2010 04:32:00 CST Peter Siegel, MBA Businesses Wanted To Buy http://www.bizben.com/blog/posts/buyer-seeks-SF-retailer-012610.php Buyer seeks retailer in San Francisco Bay Area: Our interest is in a retail outlet - particularly for a food/deli market, pet supplies or entertainment retail (CD/DVD/Games). The criteria we are searching under includes : The business must be able to produce accounts for the past three years showing a healthy profit and employing at least 2 US citizens. Contact these buyers if you have a business for sale that matches their request. http://www.bizben.com/blog/posts/buyer-seeks-SF-retailer-012610.php http://www.bizben.com/blog/posts/buyer-seeks-SF-retailer-012610.php http://www.bizben.com/blog/posts/small-business-opportunity-020110.php http://www.bizben.com/blog/posts/1545.php#comments 01 Feb 2010 08:17:00 CST Peter Siegel, MBA Business For Sale Statistics http://www.bizben.com/blog/posts/small-business-opportunity-020110.php A 24% increase in the number of small business opportunity sales last month compared to January of 2009 is a hopeful sign of improvement in the California market. There were 1,024 completed transactions in January. http://www.bizben.com/blog/posts/small-business-opportunity-020110.php http://www.bizben.com/blog/posts/small-business-opportunity-020110.php http://www.bizben.com/blog/posts/reasons-for-selling-a-business-082609.php http://www.bizben.com/blog/posts/1311.php#comments 26 Aug 2009 08:25:00 CDT Peter Siegel, MBA BizBen Blog Contributor Selling A Business http://www.bizben.com/blog/posts/reasons-for-selling-a-business-082609.php 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. http://www.bizben.com/blog/posts/reasons-for-selling-a-business-082609.php http://www.bizben.com/blog/posts/reasons-for-selling-a-business-082609.php http://www.bizben.com/blog/posts/capital-gains-tax-increase-020110.php http://www.bizben.com/blog/posts/1546.php#comments 01 Feb 2010 09:44:00 CST Peter Siegel, MBA BizBen Blog Contributor Deal And Escrow Issues Small Business Issues http://www.bizben.com/blog/posts/capital-gains-tax-increase-020110.php Most owners of privately owned businesses realize that the value of their business is strongly influenced by the earning power (profitability) of the business. With the economic conditions that have prevailed for the last many months, the market value of most privately-owned businesses are lower today than perhaps they were a year and a half to two years ago. San Diego Area based business intermediary Steve Fitzgerald with Acquisition Services Group discusses his thoughts on the this subject. http://www.bizben.com/blog/posts/capital-gains-tax-increase-020110.php http://www.bizben.com/blog/posts/capital-gains-tax-increase-020110.php http://www.bizben.com/blog/posts/new-listing-intuition-061109.php http://www.bizben.com/blog/posts/1161.php#comments 27 Jan 2010 21:15:00 CST Peter Siegel, MBA BizBen Blog Contributor Business Broker Issues http://www.bizben.com/blog/posts/new-listing-intuition-061109.php When you first start out in business brokering, you're aware of the statistics of failure. 90% failure rate is intimidating so one can assume that for someone to even attempt to get into the business they have to be aggressive, confident and determined. In the beginning you'll take almost any kind of listing to get your business moving but over time you realize the sense in being a little more discriminating. Christina Lazuric, an Orange County business broker warns about listening to your gut before taking on a new listing. http://www.bizben.com/blog/posts/new-listing-intuition-061109.php http://www.bizben.com/blog/posts/new-listing-intuition-061109.php http://www.bizben.com/blog/posts/successor-liability-when-buying-a-business-032009.php http://www.bizben.com/blog/posts/1035.php#comments 27 Jan 2010 20:52:00 CST Peter Siegel, MBA BizBen Blog Contributor Buying A Business Legal Topics http://www.bizben.com/blog/posts/successor-liability-when-buying-a-business-032009.php A major concern of anyone buying a business should be whether or not they will be exposed to any of the seller's liabilities. This blog post/article by attorney Joe Sandbank covers: Stock Purchase instead of an Asset Purchase, Public Policy Exception for Manufacturing Businesses (the "Product Line Successor" rule), Failure to Comply with Bulk Sale Laws, Taxes. http://www.bizben.com/blog/posts/successor-liability-when-buying-a-business-032009.php http://www.bizben.com/blog/posts/successor-liability-when-buying-a-business-032009.php http://www.bizben.com/blog/posts/san-diego-sell-coin-laundry-workshop-012610.php http://www.bizben.com/blog/posts/1537.php#comments 26 Jan 2010 16:02:00 CST Peter Siegel, MBA California Educational Events Selling A Business http://www.bizben.com/blog/posts/san-diego-sell-coin-laundry-workshop-012610.php This free San Diego workshop offers coin laundry owners the following information: The TRUE value of your Coin Laundry, What "Low Cost" improvements you can make to improve the Selling Price and speed up the sale, Set up a long-term program to maximize the value of the business over a 12 to 18 Month period. This workshop is offered by Chuck Post at Post Business Investments. http://www.bizben.com/blog/posts/san-diego-sell-coin-laundry-workshop-012610.php http://www.bizben.com/blog/posts/san-diego-sell-coin-laundry-workshop-012610.php http://www.bizben.com/blog/posts/being-a-successful-business-broker-012610.php http://www.bizben.com/blog/posts/1535.php#comments 26 Jan 2010 08:19:00 CST Peter Siegel, MBA BizBen Blog Contributor Business Broker Issues http://www.bizben.com/blog/posts/being-a-successful-business-broker-012610.php Do you like being around people? Do you like meeting new people? Do you enjoy helping others achieve their goals? Many businesses require people skills, but few require the level of skill required to be a successful business broker. Greg Roquet discusses what it takes to be a great business broker in today's marketplace. http://www.bizben.com/blog/posts/being-a-successful-business-broker-012610.php http://www.bizben.com/blog/posts/being-a-successful-business-broker-012610.php http://www.bizben.com/blog/posts/selling-a-small-business.php http://www.bizben.com/blog/posts/1534.php#comments 26 Jan 2010 05:27:00 CST Peter Siegel, MBA BizBen Blog Contributor Selling A Business http://www.bizben.com/blog/posts/selling-a-small-business.php Think selling a small business today is like it was, say, 20 months ago? Much has changed in the economy and in the small business marketplace. And a seller should follow these six principles to achieve success when selling a small business. http://www.bizben.com/blog/posts/selling-a-small-business.php http://www.bizben.com/blog/posts/selling-a-small-business.php http://www.bizben.com/blog/posts/webinar-on-how-to-buy-a-business.php http://www.bizben.com/blog/posts/1021.php#comments 19 Oct 2009 06:17:00 CDT Peter Siegel, MBA Buying A Business California Educational Events http://www.bizben.com/blog/posts/webinar-on-how-to-buy-a-business.php It is estimated that 80% of all individuals who set out to buy a California small to mid-sized business never do so. This 1 hour free online webinar covers everything from the right ways to search for a business to negotiating and closing the deal. Presented by Peter Siegel & possible Special Co-Hosts will present & answer all your questions. http://www.bizben.com/blog/posts/webinar-on-how-to-buy-a-business.php http://www.bizben.com/blog/posts/webinar-on-how-to-buy-a-business.php http://www.bizben.com/blog/posts/webinar-on-how-to-sell-a-business.php http://www.bizben.com/blog/posts/1060.php#comments 26 Oct 2009 07:24:00 CDT Peter Siegel, MBA California Educational Events Selling A Business http://www.bizben.com/blog/posts/webinar-on-how-to-sell-a-business.php 70% of all small and mid-sized businesses never sell when they are put on the market. Selling a business is not like selling a piece of real estate or any other type of asset. This webinar is designed for small and mid-sized owners who are thinking of selling their business and need to know how to prepare and follow-through the right way to successfully value and sell their business. Selecting the right business broker or agent is also critical for this process and we will explore what to look for in an intermediary and what you should expect from them. This FREE webinar is designed for business owners of small and mid-sized businesses and is presented by Peter Siegel. http://www.bizben.com/blog/posts/webinar-on-how-to-sell-a-business.php http://www.bizben.com/blog/posts/webinar-on-how-to-sell-a-business.php http://www.bizben.com/blog/posts/factors-determining-a-business-sale-031809.php http://www.bizben.com/blog/posts/1011.php#comments 20 Jan 2010 05:02:00 CST Peter Siegel, MBA BizBen Blog Contributor Selling A Business http://www.bizben.com/blog/posts/factors-determining-a-business-sale-031809.php This list of 21 factors determines the salability and value of a business being sold. This article by D. Joe Atchison, CBI, CBB, CPA, MBA examines many crucial points in determining what your business may sell for and its valuation amount in the current marketplace depending on 21 key factors! http://www.bizben.com/blog/posts/factors-determining-a-business-sale-031809.php http://www.bizben.com/blog/posts/factors-determining-a-business-sale-031809.php http://www.bizben.com/blog/posts/how-to-buy-a-business.php http://www.bizben.com/blog/posts/1526.php#comments 20 Jan 2010 06:30:00 CST Peter Siegel, MBA BizBen Blog Contributor Buying A Business http://www.bizben.com/blog/posts/how-to-buy-a-business.php The new decade brings a new set of realities for entrepreneurs who want to know how to buy a business. Successful buyers will be those who understand and adapt to these realities. http://www.bizben.com/blog/posts/how-to-buy-a-business.php http://www.bizben.com/blog/posts/how-to-buy-a-business.php