Articles

The laundry business model and the full justification of value of the business are based on its anticipated longevity. In this blog/article, laundry industry consultant and specialist Chuck Post covers the topic of coin laundry valuations.  By Chuck Post   View All Chuck Post Blog Posts

Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who sell businesses in California.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

Selling a small to mid-sized business in California can be a difficult process for owners and intermediaries. Statistics show that over 70% of all California sellers never end up selling their business. That is why we initiated the BizBen ProSell Program for business owners & intermediaries.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

Steve Erlinger, a laundromat business broker discusses tips on buying a laundry. He also discusses various options for financing a laundry purchase. Options include retirement funds, line of credit on your home, SBA loans etc. Being prepared is the key - getting pre-qualified for financing is best.  By Steve Erlinger   View All Steve Erlinger Blog Posts

Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, Founder of BizBen shares what words, phrases, and strategies work (and not) when selling a small business online.   By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

Appraising businesses accurately is not an easy task. There are many different methods that can be used along with variations for the purpose of the appraisal. None of these methods, by its self addresses the total value of a business. Business appraiser Bob Klein explains his views and experiences.  By Bob Klein   View All Bob Klein Blog Posts

Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

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, MBA Founder Of BizBen and BizBen.com's ProBuy and ProSell Programs discusses this topic.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

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.  By Lee Petsas   View All Lee Petsas Blog Posts

Willard Michlin, CPA (at 800-864-0420) discusses why business buyers sometimes overpay to buy a small business and how to look at a deal and make sure you don't overpay to purchase a business.  By Willard Michlin   View All Willard Michlin Blog Posts