BizBen Blog Posts And Articles On Buying And Selling California Businesses

An often overlooked aspect of selling (or buying) a small business is taking back-up offers during the entire process of selling (or buying) a business. Most sellers (or buyers) don't realize that over fifty percent of all deals/contracts fall out escrow or contract for one reason or another.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

Buying a California business involves reviewing due diligence checklists so buyers can learn enough to determine whether to proceed with a deal. Here's a due diligence checklist of the items a buyer should request for review, and sellers should plan to make available for a serious purchaser.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

Buying a California business can be a confusing and/or frustrating process for many business buyers. Statistics show that over 80% of all buyers never end up buying a business. The BizBen ProBuy Program assists potential buyers of California businesses with the process of buying a small business.  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 CA business owners & intermediaries.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement by the seller & go ahead with the purchase?  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

Steve Erlinger, a laundry broker specialist in Southern CA reports from the latest laundromat industry trade show & what's new in the coin and card laundry industry. He discusses what various manufacturers are doing and why laundry distributors can be important ally when buying a laundry business.  By Steve Erlinger   View All Steve Erlinger Blog Posts

More and more we see "Coinless Laundromats". Anyone in the business or entering the business will face the age old question; Coin or Card? Well, perhaps it's not an age old question, as card systems haven't been around very long, but it is a question worth considering. Steve Erlinger explains.  By Steve Erlinger   View All Steve Erlinger Blog Posts

Each day, more than 10,000 Baby Boomers turn 62. Around this age, Americans, many of which are small business owners, start to think about their exit strategy from the workforce. For a small business owner, the process can be complex and their decision to retire has an impact on many others.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

The economy has started to repair itself since the recession. While things may never be what they were in the past, the economy and small businesses have started to gain some form of momentum again. If you are considering buying a small to mid-size business consider these recession proof businesses.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts