About This Blog
 |
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. |
|
This Blog contains observations, tips, news, events, and case studies relating to selling or buying a small business. |
|
This Blog is ideal for business buyers, business owners, advisors, business brokers & agents. |
Contact Me
|
Contact me by phone
at 866-270-6278 |
Categories
Disclaimer
|
Opinions expressed on this site do not necessarily represent those of BizBen. |
|
Opinions expressed here do not constitute legal advice. Those interested in specific guidance for legal matters should seek competent professional advice. |
|
|
Posts tagged 'buy a business'
The following posts are associated with the 'buy a business' tag.
|
| Previous |
 |
Results 1 - 30 of 150 |
 |
Next |
Posted on March 18, 2010 Contributed by Lee Petsas
Deposits With Purchase Agreements: Rules And Guidelines
Lee Petsas, a Southern California business broker discusses purchase agreements when buying or selling a business in his new article on BizBen, "Rules And Guidelines About Deposits With Purchase Agreements". Lee discusses: How much consideration should I give as deposit? Are Deposits refundable and when? Cashing Deposits and Opening Escrow, Return of Deposit to Buyer, Why do we take a deposit from a buyer when preparing and executing a Purchase Agreement Contract?
Posted at 9:21pm | 5 Comments
|
Posted on March 10, 2010 Contributed by Neal Bauman
San Diego Coin Laundry Business Investment Seminar - April 8th, Thursday
Golden State Laundry Systems will be conducting FREE monthly educational coin laundry investment seminars for San Diego, and surrounding areas. Open seminar to existing and potential owners for one of the most exciting, safe, and profitable business opportunities in the nation! Come learn about all areas of the coin laundry business from some of the most experienced owners, developers, and consultants in Southern California. April 8th, in San Diego.
Posted at 8:40pm | 0 Comments
|
Posted on March 4, 2010 Contributed by Cyrus Safavian
FREE Online Webinar: Buying A Business With Retirement Funds - March 18th
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.
Posted at 5:39am | 1 Comment
|
Posted on March 2, 2010 Contributed by Greg Roquet, CBI, CBB
Working With Business Brokers - Buyers We Feel Your Pain! A Brokers Perspective
If you are a buyer trying to find the right business to buy, it can be tough to do due to the confidential nature of business resales. After searching through the websites until they all seem to look the same, and filling out your fourth or fifth non-disclosure you are questioning the entire process and wondering if you will ever find that right business. Business broker Greg Roquet discusses this process and how buyers can effectively work with business brokers.
Posted at 8:32am | 2 Comments
|
Posted on February 25, 2010 Contributed by Peter Siegel, MBA
How to Buy Businesses Geared For The New Decade - Six Ideas
Smart entrepreneurs planning to buy businesses know to focus on industries with promising futures. And with the economic and social landscape changing, making the right choice is particularly important. Six recommendations about business sectors correctly positioned for success are offered here.
Posted at 7:08am | 0 Comments
|
Posted on February 4, 2010 Contributed by Tawnya Gilreath, CBB
Why Earnest Money Deposit Requirements Can Be High
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.
Posted at 6:11am | 9 Comments
|
Posted on January 27, 2010 Contributed by Joe Sandbank
Successor Liability When Buying A Business
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.
Posted at 8:52pm | 6 Comments
|
Posted on January 26, 2010
Business Buyers Seek Retailers To Buy In The San Francisco Bay Area
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.
Posted at 4:32am | 0 Comments
|
Posted on January 20, 2010 Contributed by Peter Siegel, MBA
How To Buy A Business - Six Tips
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.
Posted at 6:30am | 0 Comments
|
Posted on January 6, 2010 Contributed by Chuck Post
Buying A Coin Laundry: What All Buyers Need To Know
Buying a coin laundry like other types of small business purchases has its nuances. Chuck Post a business broker specializing in assisting those selling and buying coin laundries shares his knowledge with coin laundry buyers.
Posted at 7:34am | 4 Comments
|
Posted on January 5, 2010 Contributed by Ash Rasaei
First-Time Business Buyers: What You Need To Know
Making the transition from worker bee to small business owner involves a great deal of time, effort, money, and personal commitment. It is not a decision to be made hastily nor taken lightly. There are certain questions you need to ask and certain elements to consider, with every step along the way a potential pitfall. Ash Rasaei with Prudens Business Advisors discusses what first time buyers should know before buying a small business.
Posted at 5:14am | 9 Comments
|
Posted on December 21, 2009
Sales of Manufacturing Businesses Rise in California
Manufacturing small businesses are big sellers in California. They command higher puchase prices but also have higher cashflow. Subscribe to RSS or email reports to see the latest manufacturing businesses for sale.
Posted at 12:27pm | 0 Comments
|
Posted on December 10, 2009 Contributed by Peter Siegel, MBA
3 Things To Consider Before You Buy Bar Establishments
Owning a bar is a fantasy that many can claim. Who hasn't once thought about what it would be like to own and manage the hottest place in town? Your favorite bar may be the place where "everybody knows your name," but is it a good financial investment? Like all business investments, there are important factors to consider before you jump in and buy.
Posted at 8:05am | 0 Comments
|
Posted on December 9, 2009 Contributed by Peter Siegel, MBA
3 Tips for Increasing Profitability When Looking to Buy Liquor Store Businesses
When on your search to buy liquor store businesses, consider additional ways that you may use the location to generate additional revenue streams. Wine and spirits are an important and profitable part of the American culture -- and by implementing a few creative programs and events you can reach new audiences, drive customer loyalty, and increase profitability.
Posted at 7:02am | 0 Comments
|
Posted on November 30, 2009 Contributed by Christina Lazuric
When Seemingly Smart Buyers Make Fatally Not So Smart Decisions!
If you are buying a business, you probably have really good ideas about changes you would like to implement and ideas to sell more, be more efficient and more organized. All great, except that I caution you to be careful about the toes you are stepping on today they will be attached to the feet that will walk out on you tomorrow. Christina Lazuric with California Business Brokers in Orange County chats about business buyers and their decision making processes.
Posted at 6:30am | 4 Comments
|
Posted on November 2, 2009 Contributed by Christina Lazuric
Selling Or Buying A Coffee Shop: Six Important Items
Christina Lazuric with California Business Brokers in Orange County chats about buying and selling coffee shops after her efforts of just selling one. She discusses rent, location considerations, & questions to ask yourself if you're thinking of buying a coffee shop.
Posted at 8:48am | 4 Comments
|
Posted on October 28, 2009 Contributed by Peter Siegel, MBA
Buying A Carwash: Three Types To Consider
One of the most popular business offerings is the carwash. It’s considered easy to run, the number of cars on the road continues to increase, while it doesn’t seem that carwash installations are being added to keep pace. Peter Siegel with BizBen chats about buying a carwash.
Posted at 8:23am | 4 Comments
|
Posted on October 12, 2009 Contributed by Peter Siegel, MBA
Good Advice for Buyers -- Make an Offer
What the seller of an interesting business will accept, what his "hot buttons" are, what they are willing to negotiate about; these are all facts that come to light when an offer is made. The way to find out what it takes to buy a business and to be taken seriously by the selling and brokerage community is to make an offer.
Posted at 7:54am | 3 Comments
|
Posted on October 7, 2009 Contributed by Peter Siegel, MBA
Unreported Income Claims: What Should A Buyer Do?
One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement and go ahead with the purchase so he doesn’t miss out on a good opportunity? Or would he be smart to consider the seller untrustworthy and pursue other opportunities instead? Our panel of experts answer the common and often asked question about unreported income claims.
Posted at 8:52am | 2 Comments
|
Posted on September 27, 2009
SBA Loan Size Standards Kill RV Dealership Purchase & Financing
Today I received a call from a potential business buyer who had industry experience was trying to buy a RV dealership and needed financing to complete his transaction. In the eyes of the SBA his small business was too big to qualify for business purchase financing.
Posted at 7:17am | 0 Comments
|
Posted on September 23, 2009
The Fundamentals of Due Diligence: The Basics For Buyers
Many buyers find themselves fretful over add backs and owner benefits when it comes to due diligence; unfortunately, this concern often overshadows the fundamental objectives of due diligence. During due diligence the buyer’s main goal is verifying the business’ earnings and discovering whether or not the business will fulfill the buyer’s requirements. Rodd Feingold, CBB of Troop Business Services takes us through this topic.
Posted at 5:21am | 5 Comments
|
Posted on September 22, 2009 Contributed by Willard Michlin, CPA
Audits, Business Analysis, Evaluations, & Profitability Analysis
Everyone knows that when you buy a business you need to have an audit of the books to see where the seller may be hiding some facts. What is less understood is that a business analysis is even more important and should be done before spending lots of money on an audit. Willard Michlin discusses these issues in this blog/article.
Posted at 9:06am | 2 Comments
|
Posted on September 8, 2009 Contributed by Peter Siegel, MBA
7 Steps to Buying a Liquor Store
Unlike many small businesses, due to strict regulations there are many steps that you must take before you can consider buying a liquor store. Peter Siegel with BizBen discusses the seven steps will put you on the right track to buy a liquor store legally.
Posted at 7:30am | 6 Comments
|
| Previous |
|
Results 1 - 30 of 150 |
|
Next |
|
|
