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 tagged 'business opportunity'
The following posts are associated with the 'business opportunity' tag.
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Posted on October 8, 2009 Contributed by Van Merrill
Changes in the Self Service Laundry Business
This article is about how the coin and card laundry industry is changing and how we can cope and take advantage of those changes. Card Systems are the most revolutionary change in our business. They have been discussed at length in the past in just about every self service laundry magazine, editorial and convention to date. Van Merrill with Sparklean Laundry Systems Inc, discusses the card laundry industry.
Posted at 6:42am | 5 Comments
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Posted on July 22, 2009 Contributed by Peter Siegel
California Business Sales This Year Are Just Short of 9,000
A total of 8,999 small California businesses were sold in 2009, as of July 19, with a slowdown, in the most recently completed week. We’re watching some interesting movements in business sales figures this year with competing pressures at work. Peter Siegel, Founder of BizBen chats about recent small business sales figures.
Posted at 7:01am | 3 Comments
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Posted on July 22, 2009 Contributed by Jeff Back
Buying A Restaurant? Make Sure You Check Its Karma!
Checking a restaurant's Karma before buyinig can make a big difference not only in the success of the restaurant but also its possible effect on valuation. Jeff Back, a business broker specialist who specializes in selling restaurants discusses what he looks for when sizing up a potential restaurant for sale.
Posted at 6:20am | 3 Comments
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Posted on July 14, 2009 Contributed by Joe D. Robertson
When Do I Tell My Employees The Business Is Being Sold?
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that will affect the decision.
Posted at 9:36am | 6 Comments
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Posted on July 9, 2009 Contributed by Cyrus Safavian
401(k) Retirement Financing – It's Not a Secret Any Longer
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.
Posted at 6:39am | 5 Comments
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Posted on June 11, 2009 Contributed by Christina Lazuric
Broker Stories: When Taking A Listing - Does It Feel Right?
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.
Posted at 9:05am | 5 Comments
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Posted on May 28, 2009 Contributed by Ken Oppeltz
SBA Loan Changes Impacts Business Purchase Financing
Ken Oppeltz, business broker in San Diego discusses the changes the SBA has made and is considering for future policy to SBA loans. These policy changes will have a direct impact to financing the purchase of small businesses and action is needed now by all in our industry, small business owners, business buyers, etc to help educate our legislators and SBA officials the negative impact these actions will have.
Posted at 7:51am | 5 Comments
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Posted on May 14, 2009 Contributed by Peter Siegel
Economic Conditions Demand Expanded Services
Declaring that "the present state of the economy demands intensified evaluations of small and mid-market business expenses" -- from leasehold/rent costs to debt service -- before a business can qualify for a sale or financing, Randall Barondess, C.B.B., director of the Thousand Oaks-based Business Brokerage Division of Troop Real Estate, Inc. announces expansion of its services to include such key offerings as financial recasting.
Posted at 5:35am | 0 Comments
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Posted on April 9, 2009 Contributed by Peter Siegel
Interpreting Reported Earnings From Sellers
New business brokers--perhaps those who've been selling homes in the past and are switching over--may be baffled about how to advertise seller's earnings if they've listed a business opportunity. Here are some guidelines for understanding the seller's earnings statements.
Posted at 6:39pm | 0 Comments
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Posted on April 5, 2009 Contributed by Peter Siegel
Evaluating Residential Care Homes To Buy
Described in various ways, as licensed care homes, assisted living properties and residential care facilities, these enterprises can be very profitable and offer substantial potential for growth as the market for their services expands.
Posted at 10:03pm | 1 Comment
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Posted on April 3, 2009 Contributed by Peter Siegel
What Are The Better Businesses To Buy In This Economy?
Times are tough. Our economy has taken the art of buying a business to a whole new level. In our perodic "Answers To Viewers Questions" section of the BizBen Blog we explore answers to the question, "What Are The Better Businesses To Buy In This Economy?" See what our panel of professionals and viewer comments have said to answer this timely question.
Posted at 5:12pm | 4 Comments
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Posted on January 28, 2009
310 California Businesses For Sale Stats: 1/12-1/18 2009
310 California businesses were sold by business owners of small businesses, business brokers, & real estate agents for the week of January 12, 2009 and January 18, 2009.
Posted at 4:30pm | 0 Comments
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Posted on October 14, 2008
September Records Fewest Small Business Sales
September was the slowest month of the year for small business sales in California, with only 1,187 companies changing hands--a decline of 39% compared to the 1,960 completed deals recorded in September, 2007.
Posted at 9:01pm | 0 Comments
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Posted on August 19, 2008
255 California Small Businesses Sell: Stats 8/11-8/17
255 California small business listings were sold by business owners, business broker intermediaries, & real estate agents between August 11, 2008 and August 17, 2008.
Posted at 8:12pm | 0 Comments
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Posted on August 18, 2008
San Jose Convenience Store For Sale Leads Searches
BizBen viewers top picks yesterday included a San Jose Convenience Store, a San Fernando Valley Jumpers/Slides Service, a San Bernardino County Marie Callendars Franchise, a Los Altos Liquor Store, a Newport Beach Products Wholesaler, as some of the more popular California business for sale listings that were placed and reviewed by business buyers, business broker opportunity agents, intermediaries, and business owners yesterday on BizBen.com.
Posted at 4:05pm | 0 Comments
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Posted on August 1, 2008
San Bernardino Coffee Cafe For Sale Leads
BizBen viewers top selections yesterday included a San Bernardino Mountains Coffee Cafe, a San Gabriel Valley Home Sitting Service, a Sylmar Market, a Los Angeles County GNC Franchise, a Downtown Area Espresso & Cafe, as some of the more popular California businesses for sale that were added and reviewed by business buyers, certified business brokers, and owners of small businesses yesterday on BizBen.com.
Posted at 7:33am | 0 Comments
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Posted on July 4, 2008
Sacramento Supermarket For Sale Leads BizBen Top 20
BizBen viewers top picks yesterday included a Sacramento Supermarket, a East Bay Specialty Furniture Retailer, a Santa Clara County Outdoor Lighting Company, a San Diego North County Cafe & Tea House, a San Diego Flooring/Window Company as some of the more popular California small and mid-sized businesses for sale that were added and reviewed by business buyers buying a business, business brokers, agents, intermediaries, and business owners yesterday on BizBen.com.
Posted at 8:05am | 0 Comments
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Posted on June 29, 2008
Northridge Italian Restaurant For Sale Leads BizBen Top 20
BizBen viewers top picks yesterday included a Northridge Italian Restaurant, a Orange County Mexican Restaurant, a Hollywood Bar And Restaurant, a Garden Grove Auto Body & Detail, a San Joaquin County Golf Course, as some of the more popular small and mid-sized businesses for sale that were added and reviewed by business buyers, business brokers, agents, and business owners yesterday on BizBen.com.
Posted at 5:05pm | 0 Comments
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Posted on June 24, 2008
310 California Small Businesses Sold - Stats 6/16 - 6/22
310 California businesses were sold to business buyers buying a business by business small business owners, business brokers in California, & real estate agents for the week of June 16, 2008 and June 22, 2008.
Posted at 6:56am | 0 Comments
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Posted on June 12, 2008
295 Small California Businesses Sold Last Week: 6/2-6/8 Stats
295 California small to mid-sized businesses were sold by business owners of small businesses, certified business brokers, agents, and intermediaries for the week of June 2, 2008 and June 8, 2008.
Posted at 6:21am | 0 Comments
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Posted on May 30, 2008
BizBen Top 20 On 5/29/08: Latin Restaurant For Sale Leads
BizBen viewers top picks yesterday included a Simi Valley Latin Restaurant, a Beach City Italian Restaurant, a San Diego Carpet Cleaning Co., a Van Nuys Smog Testing Center, a Victorville Auto Franchise, an as some of the more popular California small and mid-sized business opportuntities and franchises for sale that were added and reviewed by business buyers, business brokers, agents, intermediaries, and small business owners yesterday on BizBen.com.
Posted at 6:13am | 0 Comments
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Posted on May 15, 2008
Refer a Client, Drive a Ferrari
Here's a way to get lawyers and accountants to send you a client who wants to sell a business. Offer these professionals the use of your $200,000 sports car!
Posted at 7:02am | 1 Comment
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Posted on April 29, 2008
353 California Small Businesses Sold: 4/21-4/27 Stats
353 California small businesses for sale were sold by business owners of small businesses, California business brokers, & real estate agents for the week of April 21, 2008 and April 27, 2008.
Posted at 5:26am | 0 Comments
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Posted on April 14, 2008
How To Buy A Coffee Shop - Lessons From An Owner
J. Valenta who is selling a coffee shop on BizBen is an expert on all things coffee so while selling his coffee shop I asked him what he thought was important when buying a coffee shop and what to look for when doing so.
Posted at 10:22am | 0 Comments
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