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BizBen Blog Posts And Articles On Buying And Selling California Businesses

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3 Reasons Sellers Do Not Sell Their Busiiness
3 Poor Reasons Why Sellers Do Not Offer A Business For Sale In Good Economy
With the economy in growth mode, many owners of small companies who are ready to retire or invest in another enterprise would be smart to offer their business for sale. But some insist on hanging on as owner just a little bit longer. And that might be a mistake. Three reasons people make this error.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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What Not To Do When Searching To Buy Restaurants
Buying A Restaurant: What Not To Do When Searching To Buy A Restaurant
Many California small business investors want to buy a restaurant. People always need to eat; there should be plenty of business. And some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Here's what not to do when planning to buy a restaurant.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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Business Broker Coop Issues
4 Reasons Why Brokers Do Not Cooperate With Other Brokers
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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Deposits With Purchase Agreements
Deposits With Purchase Agreements - Rules And Guidelines
Lee Petsas, a Southern California business broker explores: How much consideration should I give as deposit? Are Deposits refundable and when? Cashing deposits & opening escrow, Return of deposit to buyer, Why do we take a deposit from buyers when preparing & executing a purchase agreement contract?  By Lee Petsas   View All Lee Petsas Blog Posts
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Buying A Business Strategies
When Seemingly Smart Buyers Make Fatally Not So Smart Decisions!
If you are buying a small business, you probably have really good ideas about changes you would like to implement and ideas to sell more, be more efficient and more organized. Christina Lazuric an Orange County business broker chats about business buyers and their decision making processes.  By Christina Lazuric, CBI   View All Christina Lazuric, CBI Blog Posts
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How To Create A Business Plan
How To Create A Business Plan For A Small Business
A business plan is a living document that should serve several purposes for your business. When you are buying a small business, a business plan will assist you in obtaining business purchase financing by showing lenders and investors how you plan to repay their loan by running a profitable company.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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Lease Agreements When Selling A Business
Selling A Business With A Month-To-Month Lease
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.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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What To Do When Your Business Is Not Fun Anymore
What To Do When Your Business Isn't Fun Anymore
Just because its time to sell your business does not mean you're throwing in the towel. Many times small business owners are ready to move on to other things; retirement, a new job, a new venture, more time with family, a focus on personal health, or any combination of factors.  By Bob Hughes   View All Bob Hughes Blog Posts
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Qualifying Business Buyers
Qualifying Business Buyers: Top Business Broker Discusses Top Strategies
Lee Petsas, a Southern California business broker addresses how he handles potential business buyers when they request information on a business for sale listing. He gives his strategies and tips for handling and directing business buyer inquiries.  By Lee Petsas   View All Lee Petsas Blog Posts
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Confidentiality: Why Keeping A Deal Quiet Is Important
Confidentiality: Why Keeping A Deal Quiet Is Important
Owners should keep the fact that they want to sell their business confidential. Before releasing information to prospective buyers, those 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
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