BizBen ProBuy Program: Professional Assistance With Buying A Business
The ProBuy Program is good for six months but most of my business buyer clients end up buying a business usually within three to five months from start to finish. The cost of the program is a one time $800 fee (payable via check, credit/debit card, or eCheck). There are no other fees associated with this program for my services during the program.
This fee covers consulting & pre due-diligence (Phase 1) on all deals: is the deal priced right? can you get financing on the deal? what deal points about the business should you be concerned about?, getting you prequalified for business purchase financing (and getting you the financing needed for your purchase), getting the right team/advisors (transactional attorney, escrow/bulk sale services, etc.) in place to assist you, etc.
Buying or selling a small to mid-sized business can be a confusing and/or frustrating process. For over twenty-five years I have assisted buyers, sellers, agents and brokers with online and offline tools and currently advise (ProBuy & ProSell Programs) motivated business buyers & sellers with buying and selling small and mid-sized businesses.
Here Is What You Will Receive From The BizBen ProBuy Program (For Business Buyers):
* Determine What Types/Industries/Categories Of Small To Mid-Sized Businesses Would Be A Good Match For You
* Get Customized Instant Alerts Of Businesses For Sale Via Email Or Text - You'll Get First Response To Postings
* Pre-Qualify & Advise You On Business Purchase Financing Options - SBA & Non SBA Financing
* Introduction To Specific Individuals At Financial Institutions To Provide Business Purchase Financing
* We'll Refer You To All Professional Resources That Will Help You Complete Your Deal & Get It Closed
* An Optimized/Targeted "Business Wanted To Buy" Posting For You On BizBen.com Targeting Owner/Sellers, Brokers
* Analysis Of Deals In The LOI Or Pre-Offer Stage That You Are Considering Buying - Due Diligence Phase 1 Analysis
* Non-Biased Valuation/Appraisal Feedback On Deals In Contract - Is It Worth It? - Phase 1 Analysis Provided
My Related Experience:
I am the Founder and Lead Advisor at BizBen.com. I have an Economics Degree and MBA (Entrepreneurial Studies & Financing Concentration) from UCLA. I have have authored six ebooks on the subject of buying, selling or financing the purchase of a small business, and lead numerous webinars, podcasts, & online trainings for Buyers, Sellers, Brokers & Agents
I look forward to working with you in finding and purchasing a small to mid-sized business!
Peter Siegel, MBA - Founder, Lead Advisor at BizBen.com at 925-785-3118 Direct
Peter Siegel, MBA - Founder Of BizBen.com (over 25 years), I am the Lead Advisor for the ProSell, ProBuy, & ProIntermediary Programs. I advise/coach buyers, sellers, and brokers daily about buying & selling small to mid-sized businesses throughout the Nation. I can be reached direct at 925-785-3118.
As a healthcare provider of over 20 years and a now practicing Realtor it amazes me when I talk with interested buyers who do require the guidance and assistance of an honest and an ethical professional to help them in navigating the purchase of a business. I often find that using a program, such as the one that Mr. Peter Siegel's ProBuy Program at BizBen offers is a vital starting point to avoid endless headaches and worse yet spending money on an erroneous haphazard venture. It is always good to be well informed before making such a milestone decision as investing in a business.
I would echo my colleague in this string and I, your home health and hospice expert, will pay the cost for the BizBen ProBuy Program if, in fact, you opt to work with me in the purchase of skilled home health or hospice business. I understand that trusting an agent is not an easy task, but losing money in a needless manner is even less conceivable.
Business buyers come in many "shapes and sizes" ... and often they are new to the process. But, even "veteran" business buyers can use guidance and counseling. While sometimes people may retain a "buyer broker," Peter Siegel's BizBen ProBuy Program is a much-needed resource to help prospective business buyers:
1. Determine what kind of business truly suits their resources, experience, expertise, and lifestyle.
2. Prepare their "buyer profile" to make them more attractive to business sellers.
3. Apply and pre-qualify for business-purchase financing.
4. Learn how best to work with business brokers and business owners selling on their own.
In fact, I am so impressed with the calibre of buyers once they have been counseled by Peter, that if they choose my brokerage to represent them as a buyer, my agents and I will pay the full fee they have paid for ProBuy to the escrow agent to offset their closing costs in the event they purchase a business through us. So, in effect, the ProBuy program will have cost them nothing.
Peter, thank you for providing these services to Buyers. Many Buyers i speak with bring up the level of difficulty in dealing with brokers and obtaining information. Many feel left out and are clearly not aware of the process in dealing with brokers; and the difference between consultants and brokers. Several take the lack of information sharing suspiciously. So thank you again for providing these services and even more for letting people know that these services are available.
Place A Posting To Sell Or Buy A Business, Search All Postings
Part webinar, part live podcast these BizBen Sessions are held on Weds at Noon. These FREE live sessions consist of topics related to buying and selling small to mid-sized businesses. Online topics regarding buying and selling small businesses are discussed by the top professionals in the industry.
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.
Only 30% of all small businesses for sale that are put on the market overall are sold! A surprising statistic to most business owners, agents, and brokers trying to sell a small business! If however you follow the strategies (BizBen Protocol Method) in this blog post you should see success!
Before purchasing a car wash (quick serve or full serve) you must understand that the industry as a whole will provide you with plenty of competition. More importantly, depending on what your interests are, you will identify what type of car wash you want. We discuss this all in this Discussion.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out with most.
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Need financing to buy a larger small business (with or without real estate)? Specializing in larger SBA loans for purchases of businesses, practices, franchises. Contact Peter Siegel, MBA today to get prequalified and get advice at 925-785-3118 Cell/Text.
Chuck Post, a leading laundry expert with over 37 years of developing laundries, retooling, and rebranding hundreds of existing laundries, tells investors how to search, find, evaluate, and do good laundry due diligence laundries for acquisition. A must read for new investors & current operators.
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.
Before you buy a dry cleaners small business, read these critical tips about this industry. Discover why a dry cleaner needs to be "green" to be profitable. Peter Siegel, MBA (BizBen ProBuy, ProSell Program Advisor) explores this topic and other helpful strategies on buying a dry cleaning store.