BizBen Blog Posts And Articles On Buying And Selling Smaill Businesses

Laundromat Due Diligence - Use Of Water Records, Conducting Investigation

Posted By: Chuck Post: Laundry Specialist, Consultant, Due-Diligence.   A laundromat needs to be thoroughly looked over before a buyer should complete an acquisition. The income is important of course but, the path forward is even more important. Chuck Post, Laundry Advisor, Due Diligence Consultant offers laundry buyers valuable advice on this BizBen blog post.

Confidentiality: Why Keeping A Deal Quiet Is Important To Business Sellers

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   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.

Buy A Business That Is Not For Sale - Strategies For Business Buyers

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   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.

Business Purchase Financing - 3 Things You Need To Know Now

Posted By: Peter Siegel MBA: Business Purchase Financing Advisor.   Looking to buy a small business? There is good news regarding business purchase financing. More financial institutions are coming back into the market with business purchase financing. After years of being selective many lenders are more open to financing deals they would not have in the past years.

What You Need to Know About Using Alternative Financing To Buy A Business

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.

Seller Mistakes Near The Close Of Escrow Can Tank A Deal

Posted By: Joe Ranieri, Business Broker: LA, Orange Counties.   Let's be honest, typically it takes a while (6 months to a year) to sell a business, from listing to close of escrow, and so it's common that many sellers are anxious as the close of escrow nears with a buyer. Joe Ranieri (Business Broker) examines common seller mistakes owners should stay clear of.

BizBen ProBuy Program: Professional Assistance With Buying A Business

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.

Six Seller Secrets: Avoid These Errors When Selling A California Business

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   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.

Allocation Of The Purchase Price When Selling A California Small Business

Posted By: Lee Petsas, Business Broker: Southern CA.   There are a handful of key asset categories in allocating or breaking down the purchase price allocation of a business sale. The allocation is required to complete the transaction. Lee Petsas, a Southern California business broker reviews this topic in detail for buyers and sellers of businesses.

Business Acquisition Financing Expert Give Tips On Proving Cash Flow

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com's Advisor - ProBuy / ProSell Programs) reviews this important concept with BizBen Blog users.