BizBen Blog Posts And Articles On Buying And Selling California Businesses

First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

Trying to purchase a business with no money down is usually a waste of time if you want a good business. But leveraging into a business with a relatively small cash down payment can often be accomplished using some of these suggested strategies in this article on buying a business with limited cash.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

As an Advisor On BizBen I talk to many California business owners, business buyers, brokers, and agents on a daily basis about valuing California small to mid-sized businesses. Many key factors go into this analysis including market demand, history of earnings, and even how the deal is structured.  By Peter Siegel, MBA   View All Peter Siegel, MBA 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

A business buyer in the BizBen ProBuy Program asks how to handle the inventory amount in the purchase price of a business. Other questions answered in this article: Do you add the inventory value to the business value? Should the owner be expected to take back a note for the value of the inventory?  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

Steve Erlinger, a laundry specialist broker discusses what successful laundry owners do to increase business. Explaining that running a laundromat is a simple business, but it's not easy - Steve gives tips and details about how to get your laundromat in top shape and ready to sell for top dollar!  By Steve Erlinger   View All Steve Erlinger Blog Posts

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.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

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.  By Chuck Post   View All Chuck Post Blog Posts