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
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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 'entrepreneur'
The following posts are associated with the 'entrepreneur' tag.
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Posted on November 10, 2009
Fast Food Resturant For Sale Leads Searches
Over 200 new business listing postings were added yesterday and BizBen viewers top picks included a Westfield Mall Fast Food Resturant, Dallas, TX Liquor Stores, an Orange County Coin Laundry, a Placerville Health Food Store, a Tustin Chinese Restaurant, 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.
Posted at 6:05am | 0 Comments
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Posted on October 14, 2009 Contributed by Peter Siegel
Is Inventory Value Part Of, Or Added To The Price For A Retail Related Business?
Here’s a question posed to our panel of experts that brings up one of the more difficult issues that must be addressed when a retail store is being sold. "How do you handle the inventory amount in the valuation and price of a retail based small business? If the inventory value is high compared to the "value " of the business by itself: Do you add the inventory value to the business value? Should the owner be expected to take back a note for the value of the inventory? Our industry panel of experts respond with answers.
Posted at 7:03am | 6 Comments
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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 September 29, 2009 Contributed by Peter Siegel
Experts Panel: Creative Solutions For Florist Seller
Our BizBen Panel of Experts was consulted on a problem posed by a visitor to our site, who asked what to do about selling her flower shop, considering that she has a manager who is interested in buying it and would be good at running it, but lacks the funds to make that happen.
Posted at 9:03am | 6 Comments
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Posted on September 21, 2009 Contributed by Peter Siegel
Add Backs: What Is for Real When Reviewing Financials?
The use of “add backs” is common among sellers of small and mid-sized businesses when showing their financials and explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to watch out for “add backs” that are actual expenses pretending to be owner benefits.
Posted at 8:33am | 2 Comments
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Posted on September 18, 2009 Contributed by Peter Siegel
Future Listing and Sales Activities: Predictions & Opinions From Industry Experts
Concluding one of the slowest summers in memory, in terms of the number of completed deals and new listing activity (total August 2009 sales of 997 businesses represented a 40% drop compared to the 1,722 deals concluded in August, 2008), we wondered if the fall will bring more activity to California’s market of small and mid-sized businesses for sale. So, we asked our Panel of Experts to give us their insight about what we can look forward to in the months ahead.
Posted at 8:04am | 3 Comments
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Posted on August 18, 2009 Contributed by Lee Petsas
Selling A Business: When And How To Tell Employees
Lee Petsas a Southern California business broker writes about his experiences relating to when to tell employees the business is for sale or has been sold. If you are thinking of or in the process of selling a small business but not sure when to approach your employees read this article for different approaches and ideas.
Posted at 8:08am | 5 Comments
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Posted on July 12, 2009 Contributed by Peter Siegel
30% Drop In SBA Lending, But Positive Trends Noticed
The Small Business Administration has announced it approved 11,580 loans in the second quarter of 2009, representing a 30% reduction from the 16,490 loans it backed in the same period last year. Value of the loans guaranteed in the April through June period of 2009 was $2.5 billion, compared to the $3.5 billion figure for the quarter ended June 30, 2008.
Posted at 5:21pm | 1 Comment
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Posted on April 29, 2009 Contributed by Jonathan Smith
New Capital Entering The SBA Marketplace
If you have been discouraged from purchasing a business because of a recent decline from the bank then it is time to start looking once more. SBA offices and banks across the country are encouraging people who have been turned down for an SBA loan in the past 6 months to try again due to new capital entering the SBA marketplace.
Posted at 9:36pm | 1 Comment
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Posted on April 7, 2009 Contributed by Peter Siegel
SBA Loans Down By Nearly Half For Quarter
Fewer than 8,300 SBA 7 (a) program loans were made to small businesses in the first three months of 2009, a decline of nearly 50% from about 19,000 SBA-backed loans issued in the same period last year.
Posted at 8:11am | 1 Comment
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Posted on November 19, 2008
Recent SBA Changes A Positive For Business Purchases
SBA loans for business purchases have been nearly impossible to secure in today's credit crunch environment - recent news out of the SBA seems to indicate that recent changes may help our past source of reliable financing for business purchases.
Posted at 8:09pm | 2 Comments
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Posted on November 19, 2008
Rio Linda Fish, Ski Lake, Warehouse For Sale Leads
BizBen viewers top views yesterday included a Rio Linda Fish/Ski Lake, Warehouse, a Marina Del Rey Hair Salon, an Orange County Smoke Shop, a North County Flower Shop, a Tarzana Wireless Store, as some of the more popular California small businesses for sale that were added and reviewed by business buyers, business brokers, intermediaries, and small business owners yesterday on BizBen.com.
Posted at 4:05pm | 0 Comments
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Posted on September 10, 2008
Fewer Small California Businesses Changed Hands In August
Olympics and pre-election activities by political parties in August were distractions for some principals leading to slower sales of small business in California during the month. Many of the state's counties recorded declines in closed escrows compared with the prior months, but exceptions were noted. A rundown of sales by county follows.
Posted at 9:22pm | 0 Comments
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Posted on September 10, 2008
Inland Empire SBDC Training Schedule: September 2008
The Inland Empire Small Business Development Center (SBDC) is dedicated to helping our local small businesses thrive and offers low cost and no cost training on a variety of business topics; this training is offered in conjunction with our confidential one-on-one Business Consulting.
Posted at 6:02pm | 0 Comments
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Posted on September 10, 2008
Garage Organizing Company For Sale Leads
BizBen top selections yesterday included a California Garage Organizing Company, a Sacramento Area Family Restaurant, a Los Angeles Nanny Service, a Los Angeles Adult DVD Company, a Sherman Oaks Online Retailer, 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.
Posted at 4:05pm | 0 Comments
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Posted on August 17, 2008
Unreported Credit And Debit Card Transactions
A new tax enforcement measure that seems to target small businesses will require debit and credit-card payment processors to report to the IRS on the receipts being collected by their customers.
Posted at 9:39pm | 0 Comments
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Posted on August 3, 2008
Irvine Auto Detailing Business For Sale Leads
BizBen viewers top picks yesterday included a Irvine Auto Detailing Service, a South Bay Dollar Store, a San Diego County Dessert Distributor, a San Diego Bedliner Service, a Plumas County Gas Station/Mart/RE, an 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 - selling a business yesterday on BizBen.com.
Posted at 9:05am | 0 Comments
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Posted on July 10, 2008
Van Nuys Insurance Agency For Sale Leads BizBen Top 20
BizBen viewers top picks yesterday included a Van Nuys Insurance Agency, a SF Pennisula Gas Station, a SF East Bay Area Diner With Real Estate, a San Diego Gas Station, Market, a Costa Mesa Auto Accessory Company, an as some of the more popular small business listings for sale that were added and reviewed by those buying a business, California business brokers, and owners of small businesses yesterday on BizBen.com.
Posted at 4:17pm | 0 Comments
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Posted on July 8, 2008
San Francisco Auto Repair Shop For Sale Leads BizBen Top 20
BizBen viewers top selections yesterday included a San Francisco Auto Repair Shop, an Imperial Beach Coin Laundry, a Orange County Car Wash, a SW Riverside Salon & Day Spa, a Oakland/Auto Row Automotive Repair, as some of the more popular California small and mid-sized businesses for sale that were advertised and reviewed by business buyers, business broker/agents intermediaries, and business owners yesterday on BizBen.com.
Posted at 5:05pm | 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 July 2, 2008
South Bay Dollar Store For Sale Leads BizBen Top 20
BizBen readers top picks yesterday included a South Bay Dollar Store, a Los Angeles Cabinet Shop With Real Estate, a San Diego Coin Laundry, a San Ramon Mail / Shipping Center, a South Bay Area Printing Franchise, as some of the more popular California small company for sale listings that were added and reviewed by business buyers, business broker intermediaries, agents, and owners of small businesses yesterday on BizBen.com.
Posted at 10:05am | 0 Comments
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Posted on June 27, 2008
Standard Mileage Tax Deduction Going Up July 1st
The standard mileage deduction for those who drive for business will be increased to 58.5 cents per mile, starting July 1, 2008. This move by the IRS is the Federal Government’s attempt to help citizens impacted by higher fuel costs.
Posted at 7:54am | 0 Comments
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Posted on May 27, 2008
How To Buy A Coin Laundry - New Article On BizBen
While most small business owners have to put in a number of hours every week to earn a return on their investment, those who own coin-operated laundries represent a segment of entrepreneurs who can be said to enjoy the benefits of absentee ownership.
Posted at 7:57am | 0 Comments
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Posted on May 19, 2008
During Difficult Times, Practice More Attentive Management
None of the recommendations is new or dramatic. Business owners are familiar with the ideas being advanced. But these points bear repeating for those who, after several years of booming business, perhaps were lulled into a little managerial complacency.
Posted at 8:02pm | 0 Comments
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Posted on April 30, 2008
California Certified Small and Disabled Veteran Businesses
Governor Arnold Schwarzenegger announced that California's small and disabled veteran businesses are registered at record-breaking numbers to compete for the state's more than $9 billion a year in contracts, and exceeding goals he put forth two years ago.
Posted at 7:31pm | 0 Comments
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