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Posts tagged 'entrepreneurship'

The following posts are associated with the 'entrepreneurship' tag.

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How Coin Laundry Owners Can Control Rising Utility Rates


Contributor: Chuck Post | January 23, 2012

Utility rates are on the rise. More and more, I am getting calls from laundry owners complaining of the costs, asking for ideas. So what is the answer? What is the best approach in combating these costs? And, how does a laundry owner say competitive? Chuck Post -coin laundry consultant to buyers and sellers - with PBI discusses strategies for keeping coin laundry utility costs under control.

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 Categories: BizBen Blog Contributor, Small Business Issues



7 Steps To Buying A Liquor Store


Contributor: Peter Siegel, MBA | December 12, 2011

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.

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 Categories: BizBen Blog Contributor, Business Buyer Experiences, Buying A Business, How To Buy A Business, Small Business Issues



Visas Strategy Defined For Those Thinking Of Buying A Business


Contributor: Christina Lazuric | August 9, 2011

Business Broker Christina Lazuric explain and define the different types of Visa's utilized to buy California small and mid-sized businesses for sale on the BizBen.com Blog.

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 Categories: BizBen Blog Contributor, Business Buyer Experiences, How To Buy A Business, , Small Business Issues



Is Inventory Value Part Of, Or Added To The Price For A Retail Business?


Contributor: Peter Siegel, MBA | July 27, 2011

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? BizBen Users give feedback to this question.

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 Categories: Answers To Viewers Questions, BizBen Blog Contributor, Business Broker Issues, Deal And Escrow Issues, How To Buy A Business



Last Months Small California Business Sales Up Over Last May


Contributor: Peter Siegel, MBA | June 7, 2011

Rate of sale for small business in California grew slightly last month compared to sales activity in May 2010. Large counties showed the best gains. Peter Siegel, MBA with BizBen releases the BizBen Index for May 2011.

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 Categories: BizBen Blog Contributor, Business For Sale Statistics



How To Be A Stronger Business Buyer


Contributor: Steve Fitzgerald | June 2, 2011

People who are looking to purchase a business are generally lumped into an overall category referred to as "Buyers". I can tell you from many years experience that all Buyers are not created equal. San Diego Business Broker Steve Fitzgerald shares his experiences.

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 Categories: BizBen Blog Contributor, Business Buyer Experiences, Buying A Business, How To Buy A Business



Yogurt Shop For Sale Financing - Yogurt Shop Purchase Financing Tips


Contributor: Peter Siegel, MBA | May 11, 2011

Financing a yogurt shop for sale can be challenging. Here, you'll learn the real scoop behind financing a yogurt shop for sale to help it be profitable from the start. Peter Siegel with BizBen discusses strategies on this topic.

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 Categories: BizBen Blog Contributor, Business Purchase Financing, How To Buy A Business, Small Business Financing



Moneymaking Convenient Stores For Sale - Finding The Best Location


Contributor: Peter Siegel, MBA | May 4, 2011

Trying to pick the best convenient stores for sale? Learn how to find convenient stores for sale with high traffic, profitable locations to maximize your investment. Peter Siegel with BizBen.com explores this issue.

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 Categories: BizBen Blog Contributor, Buying A Business, How To Buy A Business



Is It A Business Opportunity Investment Or Buying A Job?


Contributor: Peter Siegel, MBA | October 19, 2010

Buyers looking for a company to purchase need to be aware that there is a difference between investing in a business opportunity and buying a job.

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 Categories: BizBen Blog Contributor, Buying A Business, How To Buy A Business



Borrowability Can Be the Key to Deciding How to Become an Entrepreneur


Contributor: Peter Siegel, MBA | June 5, 2010

In the controversy over how best to get into business ownership - buy an existing enterprise or start from scratch - the most important and most overlooked aspect is whether you can "take it to the bank."

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 Categories: BizBen Blog Contributor, How To Buy A Business



Experts Panel - Employee Financing Ideas For Owner Buy Out


Contributor: Peter Siegel, MBA | June 4, 2010

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.

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 Categories: Answers To Viewers Questions, Business Purchase Financing, Buying A Business, Deal And Escrow Issues, How To Buy A Business, Small Business Financing



Pet Option Franchise Possibilities For Franchise Buyers


Contributor: Peter Siegel, MBA | June 3, 2010

Over the last ten years or so, the number of pet related "box-store" retail and franchise businesses has exploded. Not only have industry earnings estimates improved every year for the last decade in the pet related industry, but new pet related businesses and concepts continue to turn up everyday. Peter Siegel discusses the different areas of pet franchises business buyers may be interested in.

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 Categories: Franchises For Sale



How to Use Retirement Plan Funds to Buy a Business


Contributor: Peter Siegel, MBA | May 19, 2010

To understand the pros and cons of diverting funds from your 401(k) retirement plan towards the purchase of a business, it is first necessary to brush up on some investment basics. Before approaching the issue of using a 401(k) to buy a business, let’s take a quick look at stocks and bonds.

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 Categories: BizBen Blog Contributor, Business Purchase Financing, How To Buy A Business, Small Business Financing



Add Backs: What Is for Real When Reviewing Financials?


Contributor: Peter Siegel, MBA | April 16, 2010

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.

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 Categories: BizBen Blog Contributor, Business Purchase Financing, Business Valuation Issues, Deal And Escrow Issues, Small Business Financing



More Entrepreneurs Purchase A Small Business In California In February


Contributor: Peter Siegel, MBA | March 1, 2010

An increase in the number of California buyers who managed to purchase a business last month, compared to the sales statistics posted in February of 2009, confirms that market activity is on a growth pattern, though it is slow. The hurdles haven't disappeared, but California's resourceful entrepreneurs are finding more ways to complete deals.

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 Categories: BizBen Blog Contributor, Business For Sale Statistics



Future Listing and Sales Activities: Predictions & Opinions From Industry Experts


Contributor: Peter Siegel, MBA | September 18, 2009

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.

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 Categories: Answers To Viewers Questions, BizBen Blog Contributor



New SBA Microloan Program to Boost Small Business Acquisition, Expansion


Contributor: Peter Siegel, MBA | August 26, 2009

Entrepreneurs interested in buying a small or mid-market business may be aided by a new effort of the Small Business Administration to boost lending for business purchase and expansion through its Microloan activity.

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 Categories: Business Purchase Financing, Small Business Financing



30% Drop In SBA Lending, But Positive Trends Noticed


Contributor: Peter Siegel, MBA | July 12, 2009

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.

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 Categories: Business Purchase Financing, Small Business Financing



WANTED: N. CA. Restaurant, Business With Adj. Net $250K +


Contributor: Peter Siegel, MBA | May 21, 2009

Criss Atwel a business buyer in Northern California is looking to buy a business. Check out his search criteria and let him know if you have any businesses that match his criteria.

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 Categories: Businesses Wanted To Buy



Owner Asks: Good Time To Sell With Lease Coming Up?


Contributor: Peter Siegel, MBA | May 21, 2009

A potential small business owner/seller asks the question: I have a preschool and am thinking about selling it but my lease is ending soon. What would be the best thing to do? Do I renew the contract or do I act the landlord to sign a contract to the new buyer? and is it a good time to sell?

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 Categories: Answers To Viewers Questions, Deal And Escrow Issues, Selling A Business



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Recommended Sites
Businesses Sold Statistics
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Selling & Buying Resources
Buyer Profile & Personal Financial Statement Form - Example
Disclosure Agreement - Sample Form For Sellers And Buyers
How To Buy A California Business - Book
Non Disclosure / Confidentiality Agreement Form - Example
Purchase Price Allocation Form - Example
TIIC Method | How To Buy Or Sell A Business



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.
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.



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