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Earnest Money For A Down Payment
Why Earnest Money Deposit Requirements Can Be High
Peter Siegel, Founder of BizBen and Director of the ProBuy and ProSell Programs on BizBen explores why earnest money deposits serve several purposes when buying or selling a small business. Several contributors on BizBen weigh in on this topic on this BizBen blog post.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Making A Fast Food Restaurant Business Successful
Making A Fast Food Business So That It Virtually Prints Money
Fully half of all the businesses that are sold are retail food restaurants. This includes franchise, non-franchise, sandwich shops, bagel shops, coffee shops, as well as good old fashioned sit-down restaurants. Willard Michlin, CPA discusses his thoughts on buying & selling fast food businesses.  By Willard Michlin   View All Willard Michlin Blog Posts
Business Acquisition Financing Information
Business Acquisition Financing Expert Give Tips On Proving Cash Flow
What are actual adjusted net earnings of a company being purchased with business acquisition financing? That's the figure to know and to provide a lender. Peter Siegel, MBA at 866-270-6278 (business purchase financing expert with both SBA loans and non SBA loan financing) reviews this concept.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Buying A Laundry Watch Out For Making These Mistakes
When Buying A Laundry Watch Out For Making These Mistakes
The laundry business offers all of those rewards of business ownership, with much fewer headaches than with most other businesses. However buyer beware - Chuck Post, laundry broker and consultant covers several mistakes many first time laundry buyers commit when buying a California laundromat.  By Chuck Post   View All Chuck Post Blog Posts
Alternative Financing To Buy A Small Business
What You Need to Know About Using Alternative Financing To Buy A Business
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.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Service Is Important When Buying A Laundromat
Buying A Laundromat - A Foundation Of Good Service Is Key
Steve Erlinger, a laundromat business broker discusses why service in the laundry business is so important to investigate when buying a particular laundry and location. Most laundry experts will say without a rep for great service will be reflected in the purchase price that is ultimately received.  By Steve Erlinger   View All Steve Erlinger Blog Posts
Business Purchase Financing Without Collateral
Financing A Business Purchase With Limited Or No Real Estate Collateral
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA (Business Purchase Financing Expert) at 866-270-6278 explores this topic.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
How Escrow Protects A Business Sales Transaction
How Escrow Protects You In A Business Transaction
In dealing with business sales, often times the Seller or the Buyer will ask about the use of an escrow company. The seller may say, Why can't the buyer just pay me cash or give me a cashier's check? This blog post covers why utilizing an escrow service is so important in selling a small business.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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
How To Buy A Laundry Business Workshop
Upcoming FREE Workshop: How To Buy A San Diego County Laundry
Chuck Post, coin laundry consultant & specialty business broker is giving a FREE San Diego area workshop discussing how to buy a laundry. Topics Include: Valuing A Coin Laundry, Pitfalls To Watch For, Determing The True Income, Coin Or Card / Attended or Un-Attended, etc.  By Chuck Post   View All Chuck Post Blog Posts
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