BizBen Blog Posts And Articles On Buying And Selling Smaill Businesses

Structuring Owner Carry Notes When Selling A Business

Posted By: Lee Petsas, Business Broker: Southern CA.   Due to the current state of the credit markets and bank financing, seller financing when selling a California small business is more important then ever in a business sale. Lee Petsas, Southern California business broker walks us through the nuances of owner carry notes - seller financing.

Business Sellers: Watch For These Business Broker Questionable Practices

Posted By: Lee Petsas, Business Broker: Southern CA.   Lee Petsas (Southern California Business Broker) shares his concerns regarding some questionable business practices by some California Business Brokers lately. Other Business Brokers and Advisors weigh in as well on this BizBen Blog post with other "dirty tricks" they have observed and heard about.

A Business Opportunity, Not The Same As A Going Business For Sale

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   Don't confuse a business opportunity with a going business for sale. In the broadest sense, an existing business being offered on the market is sometimes called a business opportunity. But for a buyer's purposes, seeking to invest in a business to own and operate, there are important differences.

The Pros And Cons Of Buying An Absentee Run Small Business

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   Peter Siegel, MBA - BizBen.com Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small to mid-sized business or a franchise resale.

Getting Financing To Buy A Business For Sale - Four Ideas

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   Peter Siegel, MBA discusses buyers who want to buy a business for sale know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.

Selling A California Small Business? This Checklist Will Determine Your Success

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   When selling a California business, owners should use our salability checklist to determine whether the effort will be successful. Ten factors must be considered to properly prepare a business for sale. Three of the factors account for more than 50% probability of achieving success in selling!

When Buying A Laundry Watch Out For Making These Mistakes

Posted By: Chuck Post: Laundry Specialist, Consultant, Due-Diligence.   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.

Buying A Car Wash: Three Successful Types Of Car Washes To Consider

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   One of the most popular business searches (and eventual business purchase) on BizBen is the self serve and full service car wash. Peter Siegel, MBA (ProBuy & ProSell Programs Director) with BizBen.com reflects on three types of car wash models and what buyers should look for in a car wash purchase.

Selling A Business With A Month-To-Month Lease

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.

Laundromat Expert Discusses: What Is The Future Of The Laundry Business?

Posted By: Chuck Post: Laundry Specialist, Consultant, Due-Diligence.   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.