Posts tagged 'small business'

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.

Email Blog Post     |   Print Blog Post   |  Contributions From Chuck Post

 Categories: BizBen Blog Contributor, Small Business Issues

Questions regarding earn outs in deal structures is starting to come up a lot these days. "Answers To Viewers Questions" section of the BizBen Blog we explore answers to the question, "Is this a good time for buyers and sellers to use "earn outs" so if the business value has slipped because of the economy, the seller stands to gain when things get better, and the buyer can get a good business at today's discounted price, then pay for its recovered value from proceeds of the business? Also, how do you recommend structuring the earn out" See what our panel of professionals and viewer comments have said to answer this question about some mistakes buyers of small businesses make.

Email Blog Post     |   Print Blog Post   |  Contributions From Peter Siegel, MBA

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

San Diego Business Broker Steve Fitzgerald discusses tips on preparing your company for sale. Helpful tips for all small business owers to consider.

Email Blog Post     |   Print Blog Post   |  Contributions From Steve Fitzgerald

 Categories: BizBen Blog Contributor, How To Sell A Business, Selling A Business

The total of 13,948 small and mid-sized businesses sold in California during 20ll represents an increase from the 13,329 deals completed the prior year. But a comparison shows a decline in activity during the last quarter of 2011 vs. the final three months of 2010.

Email Blog Post     |   Print Blog Post   |  Contributions From Peter Siegel, MBA

 Categories: BizBen Blog Contributor, Business For Sale Statistics

As a business broker, one of the most difficult parts of my job is dealing with landlords. Orange County is synonymous for unscrupulous landlords, and complicated, one sided leases. Christina Lazuric an Orange County Business Broker discusses dealing with landlords.

Email Blog Post     |   Print Blog Post   |  Contributions From Christina Lazuric

 Categories: BizBen Blog Contributor, Business Broker Information, Business Broker Issues, Business Buyer Experiences, Buying A Business, Deal And Escrow Issues, Small Business Issues

A question sellers ask: how do I sell my business without getting sued, isn't a subject just for discussions with lawyers. A seller can take some precautions to reduce potential legal problems. Peter Siegel with BizBen.com discusses this topic.

Email Blog Post     |   Print Blog Post   |  Contributions From Peter Siegel, MBA

 Categories: BizBen Blog Contributor, How To Sell A Business,

Most owners of privately owned businesses realize that the value of their business is strongly influenced by the earning power (profitability) of the business. San Diego Area based business intermediary Steve Fitzgerald with Acquisition Services Group discusses this topic.

Email Blog Post     |   Print Blog Post   |  Contributions From Steve Fitzgerald

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

What are actual adjusted net earnings of a company being purchased with business acquisition financing? That's the figure to know and to provide a lender. Peter Siegel, MBA explains this concept.

Email Blog Post     |   Print Blog Post   |  Contributions From Peter Siegel, MBA

 Categories: BizBen Blog Contributor, Business Purchase Financing, Small Business Financing

It might be the most tedious thing you do when buying or selling a small California business for sale, but conducting inventory - counting out the items that are sold or used in running the business is absolutely essential. Peter Siegel, MBA founder of BizBen.com discusses this topic.

Email Blog Post     |   Print Blog Post   |  Contributions From Peter Siegel, MBA

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

Ron Hottes walks you through the steps in selling a business through a business broker.

Email Blog Post     |   Print Blog Post   |  Contributions From Ron Hottes

 Categories: BizBen Blog Contributor, Business Broker Information, Business Broker Issues, Deal And Escrow Issues, Selling A Business

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.

Email Blog Post     |   Print Blog Post   |  Contributions From Peter Siegel, MBA

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

One of the most popular business offerings is the car wash. It's considered easy to run, the number of cars on the road continues to increase, while it doesn't seem that car wash installations are being added to keep pace. Peter Siegel with BizBen chats about buying a car wash and how to find one through the BizBen Buyers Success Program.

Email Blog Post     |   Print Blog Post   |  Contributions From Peter Siegel, MBA

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

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.

Email Blog Post     |   Print Blog Post   |  Contributions From Peter Siegel, MBA

 Categories: BizBen Blog Contributor, Business For Sale Statistics

Showing your business when selling is one of the most important steps in the sale process and how it is done will greatly effect the selling price. There are two areas to be concerned with, how the business looks and how you react to the prospective buyer. Bob Klein with Business Appraisals discusses this topic with BizBen.com Blog readers.

Email Blog Post     |   Print Blog Post   |  Contributions From Bob Klein

 Categories: BizBen Blog Contributor, How To Sell A Business, Selling A Business

Owners ready to assemble a buy my business kit so they can sell the company successfully should know what materials and actions should be included in order to prepare properly, in hopes of a fairly fast sale. Peter Siegel with BizBen.com covers this topic.

Email Blog Post     |   Print Blog Post   |  Contributions From Peter Siegel, MBA

 Categories: BizBen Blog Contributor, How To Sell A Business, Selling A Business

Avoiding the obvious mistakes when selling a small business is important if you want to sell your business. Tawnya Gilreath a Los Angeles County business broker discusses what fatal mistakes owners should avoid.

Email Blog Post     |   Print Blog Post   |  Contributions From Tawnya Gilreath, CBB

 Categories: BizBen Blog Contributor, Deal And Escrow Issues, How To Sell A Business, Selling A Business

The likelihood of selling a business is often determined by external factors in the marketplace. Here are eight influences on how easy, or difficult it might be when selling a small business. Peter Siegel discusses these factors in a BizBen.com article.

Email Blog Post     |   Print Blog Post   |  Contributions From Peter Siegel, MBA

 Categories: BizBen Blog Contributor, Deal And Escrow Issues, How To Sell A Business, Selling A Business

An important technical innovation, a combination wash and dry machine for the laundry industry, promises to help coin laundry owners increase customer visits. Mike Hurrell with Golden State Laundry Systems updates BizBen Blog readers.

Email Blog Post     |   Print Blog Post   |  Contributions From Mike Hurrell

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

The total of 1,384 small businesses for sale that sold in California last month by business owners and business brokers was a record for the year, and beat the sales total for the prior month by 56%.

Email Blog Post     |   Print Blog Post   |  Contributions From Peter Siegel

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.

Email Blog Post     |   Print Blog Post   |  Contributions From Peter Siegel, MBA

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