Blog Posts & Articles Related To: BizBen Blog Contributor

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.

Are you thinking about buying a business but not sure where to start? You're not alone! Buying a business can seem overwhelming, but with the right steps, you can make the process smooth and successful. In this guide, we'll break down how buying a business works, step by step. Let's dive in!

Although purchasing an established company can be a thrilling and lucrative opportunity, it also requires extensive planning and research. This guide will walk you through what to consider when buying a business, from the first steps of identifying the right type of business to the final stages of s

What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.

Buying a business can be a life-changing event that can make you your own boss, rather than making money for others, you make it for yourself and your family. However, it's crucial to approach it with caution, excitement, and thoroughness.

To start a business or try something new, starting a franchise business is a great option. In this blog, we'll break down everything you need to know about buying a franchise in simple, easy-to-understand terms. This guide is for business owners, whether experienced or new.

The coin-operated laundry business has undergone significant changes, evolving beyond its traditional model. Laundromats are now transforming into comprehensive "laundry businesses." This shift reflects a broader approach that goes beyond mere self-service coin-operated machines.

Since 2011 we have completed an additional 850+ transactions and in total since 1996 when I founded Restaurant Realty Company, we have completed over $1,000,000,000 (billion) of business and real estate transactions.

I have found over the years that the biggest obstacle in getting a deal done is the landlord. The landlord either makes the sale and/or lease of the business possible or prevents the transaction from moving forward.

The following list is broken down as follows. Stage 1 -- Items you need to do before you sign a purchase contract. Stage 2 -- Items you need to complete after you sign a purchase contract, and Stage 3 -- Items you need to do in order to close escrow.

Buying a business is a big step for an entrepreneur to take. This is why utilizing the right business buying services is crucial as you go about your process. In this article, we will break down each service, what they are for, and why they are essential to your buying process.

Utility rates are on the rise. I am getting calls from laundry owners complaining of the costs, asking for ideas. So what is the answer? What is the best approach in combating these costs? Chuck Post, laundry consultant discusses strategies for keeping coin laundry utility costs under control.

Californians love coffee, and many will find a way to get their "fix" though out the day. Many opt for convenience when getting their coffee, and when they are unable to make a coffee run, they will buy from a coffee cart. Joe Ranieri discusses all items related how to buy a coffee cart business.

Are you ready to sell your business, but need help in marketing a business listing to possible buyers? Since 90% of buyers want to buy a business online, take advantage of the chance that digital marketing offers to sell your company quickly.

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.

Serving California laundry owners and investors, I am afforded the opportunity to see and analyze why various laundries make or lose money. Time and time again my associates and I work with our laundry clients analyzing what the true value of their laundry is and what can be done to improve it.

This question is bound to come up from a seller to a business broker at one point in their relationship. The truth may discourage a seller who desperately needs to sell, because in all honestly, many times in can take months. All restaurants are different - Joe Ranieri, Business Broker explains.

Buying a business is an exciting alternative to starting from scratch. It lets you skip some of the challenges of building a startup from scratch, like building a customer base or creating a product, and instead jump into a company that's already up and running. But buying a business involves...

Buying a business can be one of the biggest decisions you'll make. To avoid costly mistakes, you need to know the right questions to ask. Asking the right questions will make sure you are making the right deal. Moreover, you will get detailed knowledge about how the business has performed in the...

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?

What is the extent of the buyer's obligation to investigate a business before purchasing it? Chuck Post a specialist in assisting buyers and sellers with coin laundries in California explores his views on laundry 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.

Choosing a business broker to sell your business can be crucial to the success of it selling. A broker who you have an exclusive listing agreement with, which I recommend vs. open listing, will essentially be your partner during the listing term in getting your business sold. Joe Ranieri explains.

One aspect that many customers look for in a business today and will most likely moving forward is cleanliness. Overnight cleaning will become more important as we rebuild our businesses and lives, and so janitorial businesses will most likely become essential. Joe Ranieri (Business Broker) shares.

Determining the right time to sell a private business is as much an art as a science, because there are so many factors at play and each business is unique. The timing of a business sale is critical. Christina Lazuric, CBI, Orange County Business Broker discusses this topic on this BizBen Blog post.

Nothing can be more exciting, and a little daunting for a new owner than finally being handed over the keys to their newly owned restaurant. Many buyers, especially those who have never been business owners before are much too eager to make the restaurant "their own". Overspending can take place.

Bakeries service all occasions from weddings, birthdays, retirement, and a whole host of other special occasions. Many bakeries do a brisk retail business, but really make their money in catering. Joe Ranieri a Southern California Business Broker looks at the top tips when trying to sell a bakery.

For starters, a pop-up restaurant is a short-lived dining experience in a temporary location, most found in abandoned factories or warehouses, rooftops, barns, or an already existing restaurant location, so basically anywhere done legally and safely. They exist for a few days, weeks or a few months.