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BizBen Blog Posts And Articles On Buying And Selling Smaill Businesses

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The Differences Between Real Estate Agents and Business Brokers

To sell a California business you need a real estate license. When the real estate market is weak, real estate agents think about selling businesses. Most California business brokers don't make it past their first year. What does it take and how can you become a business broker in California.

Car Wash Buyers Guide

Finding the best car wash for sale comes down to understanding your business strengths and the nature of the industry. BizBen.com Founder Peter Siegel with the help of car wash brokers discuss how to find a car wash for sale that will succeed.

Purchase A Business Consideration

A logical question from people looking to purchase a business is whether they can afford a company that will produce enough profit to meet their needs. Some guidelines are useful to help buyers make intelligent decisions regarding business values. Buyers should also take advantage of BizBen's Buyer...

Question You Will Be Asked When Selling

When selling your small business, you'll be bombarded with questions - from the brilliant to the ridiculous. You need to be prepared. Here are some of the key questions you can expect to be asked. Tim Cunha (SF Bay Area Business Broker) reviews many of these possible questions from potential buyers.

Financing A Business Purchase

Financing a business purchase, or getting cash for a down payment can take many forms. Hopefully the options listed below will give you some ideas where you can find the money to buy a California business!

Valuing A Restaurant: What Is It Really Worth?

Jeff Back founder of J. Back & Associates Restaurant Real Estate discusses restaurant valuations and his view on this matter.

Should Sellers Give Tax Returns To Buyers
Should Sellers Give Tax Returns To Buyers
ABC Licenses - Liquor Licenses In Califonria

A restaurant and bar specialty business broker gives us the inside look at California ABC liquor licenses - tips you won't find in an official manual! Jeff Back a Northern California restaurant/bar specialty broker covers the topic of liquor licenses and working with the ABC.

Tim Cunha JD Discusses Business Valuation

Would you like to know what your business is worth? What's more, what it could be worth with a small amount of effort and investment? Business brokers have a variety of methods to determine value. Tim Cunha, JD a SF Bay Area Business Broker discusses his answers to this question about valuation.

How Inventory Affects The Business Valuation

If inventory is an asset of the small business, why is it treated differently from other assets in setting the business value and conducting the transaction? Tim Cunha, San Francisco Bay Area Business Broker explores this topic about how the inventory amount affects a business valuation.

Allocation Of Purchase Price

When selling and buying a business, it is almost always necessary to allocate the purchase price to various categories of assets for tax and accounting purposes, whether this is a transfer of all the assets of the business or an actual stock sale of the business entity. Broker Tim Cunha explains.

Myths When Buying A Restaurant Business

So often we hear about the keys to success in the restaurant business and we tend to take them for granted because they seem so logical. But what seems so logical just doesn't hold up to be true. Here are some of the most frequently sited principles for success that are simply myths.

Buying Or Selling A Restaurant Locations

It's not just a good location when buying a restaurant. What makes a difference time and time again is the difference in management. Good management is the key to success. Jeff Back, restaurant sales specialist in the San Francisco Bay Area discusses this topic.

Large SBA Loans SBALoanAdvisors
Large SBA Loans SBALoanAdvisors
How To Advertise A Business For Sale

Knowing how to advertise a business for sale without revealing too much is an important skill for anyone who wants to find a buyer for a small or mid-sized California business at a good price. One caution about giving too much detail is that it might identify the company and ruin confidentiality.

Avoid These Errors When Selling A Business

Recognizing that 70% of the California small and mid-market-sized businesses offered to buyers are never sold, and that some of the obvious reasons - over-pricing, inadequate records, insufficient lease - have been discussed in detail, it might be useful to point out lesser known problems.

Selling An Online eCommerce Business

In an advanced, technologically savvy era, virtually anything can be done, purchased or explored via cyberspace. As the market continues to expand and flourish, eCommerce owners can continue to reap in the selling of their online businesses. Peter Siegel, MBA (BizBen Director) explores this topic.

Buying An eCommerce Business

When buying an eCommerce business several factors come into play: market position, competition, growth areas, recurring customer base factors and ratios, etc. On this BizBen blog post Peter Siegel, MBA (BizBen Director, Financing Expert) addresses some of these eCommerce factors for business buyers.

Webinar Buying A Card Or Coin Laundry

Chuck Post hosts these live FREE online webinars on Buying A Card or Coin Laundry. These webinars occur every Weds at Noon. Have your questions ready for an open and honest discussion about both the Pro & Cons of the Vended Laundry Business. RSVP or for more info phone Chuck at 619-227-5711 direct.

Laundry Investments Chuck Post Explains

When investing in a laundry business, there are two methods. One is preferred, but the other is far more common. If you are considering entering into a new industry, like most now entering the laundry industry, you want to have a good understanding of both opportunities. Chuck Post explores both.

Business Broker Questionable Practices
Business Broker Questionable Practices
Buying A Coin Laundry

Buying a coin laundry like other types of small business purchases has its nuances. Chuck Post a laundry specialist specializing in assisting those selling and buying coin laundries shares his knowledge with coin laundry buyers and what to watch out for when searching for and buying laundromats.

Using Retirement Plan Funds To Buy A Business

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

Due Diligence When Buying A Coin Laundry

What is the extent of the buyer's obligation to investigate a business before purchasing it? Chuck Post a specialist in assisting buyers and sellers with coin laundries in California explores his views on laundry due-diligence.

Determine Whether Business Buyer Is Sincere

A problem owners encounter when offering a California business for sale is that not all so-called buyers are qualified to make the purchase. It's frustrating and costly to waste time showing non-qualified buyers the business. Here are ways to identify time wasters so the focus is on real buyers.

Buying A Laundry Watch Out For Making These Mistakes

The laundry business offers all of those rewards of business ownership, with much fewer headaches than with most other businesses. However buyer beware - Chuck Post, laundry broker and consultant covers several mistakes many first time laundry buyers commit when buying a California laundromat.

Possible Lies When Buying A Business

Even without meaning to be dishonest, sellers or brokers talking to someone who wants to buy a small business often make statements that are not true. And sometimes what is said is known to be a lie. The buyer is smart to carefully evaluate what they hear - six untrue statements sometimes told.

Back Up Offers Crucial When Buying Or Selling
Back Up Offers Crucial When Buying Or Selling
Buying A Liquor Store - Does Location Really Matter?

Does Location matter when purchasing a liquor store for sale? Some experts believe that while it is still important, location is not AS important in the liquor store business as it is with other retail businesses. I think there is a case for both sides of the argument. Let's find out who is right.

Buying A Bar 4 Tips Worth Reading

Four factors to consider when buying a bar. Peter Siegel with BizBen.com discusses: The advantages and disadvantages of a bar that serves food as well as liquor. Staffing, inventory control and owner involvement as they relate to a good business are summarized. Benchmarks when looking at financials.

How To Buy Smog Test Only Stations In California

If you are looking at California smog shops with the idea of buying one in order to have your own business, you'll be pleased to know this type of company can be quite profitable if operated properly. To get the best return on your investment in this business, plan to work as the test technician.

Future Of Laundry Sales

The answer is that success lies in the control of the Laundry Operator who is willing to address the questions and make the modifications to better service today's service conscious customers. For those that pay attention and take action the future looks better than ever.

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