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Interviewing Business BrokersSelling My Business: How Many Business Brokers Should I Interview?

Posted By: Joe Ranieri, Business Broker: LA, Orange Counties.   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.
How Do I Sell My Business Without Getting SuedHow Do I Sell My Business Without Getting Sued

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   A question sellers ask: how do I sell my business without getting sued, isn't a subject just for discussions with lawyers. A seller can take some precautions to reduce potential legal problems. Peter Siegel, MBA Founder Of BizBen and BizBen.com's ProBuy and ProSell Programs discusses this topic.
Why Buyers Do Not Buy BusinessesWhy 80% Of All Business Buyers Never End Up Buying A Small Business

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
When And How To Tell Employees When Selling A BusinessSelling A Business: When And How To Tell Employees

Posted By: Lee Petsas, Business Broker: Southern CA.   Lee Petsas a Southern California business broker writes about his experiences relating to when to tell employees the business is for sale or has been sold.
Inventory And The Price For A Retail Related BusinessIs Inventory Value Part Of, Or Added To The Price For A Retail Business?

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   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?
Tips For Buyers Of Gas StationsHow To Buy A Gas Station That Pumps Out Profits - Tips For Buyers

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   Most people who think they want to buy a gas station don't realize that finding the right business to own in this industry and determining its fair price pose more complex problems than buying a fast food franchise, retail store or most types of businesses. There are many variables to consider.
Earnest Money For A Down PaymentBuying A Small Business: Earnest Money Deposits Should Be Reasonable

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   Peter Siegel, MBA - BizBen Founder & Director of the ProBuy/ProSell Programs explores why earnest money deposits when opening escrow (and bulk sale) serve several important purposes when buying or selling a small business in California. For Buyers not offering a realistic deposit may be a problem.
Buying A Business StrategiesWhen Seemingly Smart Buyers Make Fatally Not So Smart Decisions!

Posted By: Christina Lazuric: Business Broker - Orange County.   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.
Business Buyer Mistakes Buying A BusinessErrors Buyers Make When Searching To Buy A California Business

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   Often business buyers actions cause a deal to tank but they never know why. Peter Siegel with the BizBen ProBuy Program discusses what mistakes business buyers make in the search process to buy a business with some of the best business brokers and recent sellers on BizBen about this topic.
Buying A California Business Six TipsBuying A California Small Business - 6 Important Items To Consider

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   Anyone who wants to know how to buy a business should understand how the market for small and mid-sized businesses has been rapidly changing. There are at least six "to do" practices that apply to the current market. Peter Siegel, BizBen.com Founder & the Director of the ProBuy Program explains.

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Disclosures Needed For Business Buyers What Do I Need To Disclose To All Prospective Buyers Of My Small Business?

When selling a small business you always run the risk of a lawsuit. They aren't as common as one may think in this litigious world in which we live in, but whenever there is money exchanging hands & attorneys involved the stage is set for a lawsuit. Various ProIntermediaries share their viewpoints.
Why Many Deals Fail Why Many Deals Fail: Unrealistic High Asking Prices Are Usually The Culprit

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Buying A Health Club Successfully Working Out A Deal: Things To Consider When Buying A Boutique Fitness Gym

First thing you may be asking, what is a boutique gym? Simple, a boutique fitness gym is on average much smaller than your typical large-scale gym, ranging from 800 to 2,500 sq ft. In this BizBen blog post, Joe Ranieri (Southern California Business Broker) discusses this topic for gym buyers.
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Unreported Income Claims By Sellers Unreported Income Claims By The Seller - What Should A Business Buyer Do?

One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement by the seller & go ahead with the purchase?
8 Questions To Sellers 8 Questions You Most Likely Will Be Asked When Selling Your Small Business

When selling your small business, you'll be bombarded with questions - from the brilliant to the ridiculous. You need to be prepared. Here are some of the key questions you can expect to be asked. Tim Cunha (SF Bay Area Business Broker) reviews many of these possible questions from potential buyers.
Are Upfront Fees Worth It In Defense Of Upfront Broker Fees: Why Owners Should Pay Brokers Upfront

Are up front fees worth it? In this BizBen Blog post Brian Loring (Business Broker) discusses the pros and cons of owners of small businesses paying business brokers and agents an upfront fee for their services. There are many sides and opinions expressed on this topic by both sellers & brokers!
Due Diligence Gas Station Purchases Buying A Gas Station Business: What To Look For When Doing Due Diligence

Doing due diligence when buying any type of business is extremely important. Regardless of what type of business you are buying there are certain things you will always look at such as, financials, equipment, legal issues etc. We take a look at several angles for optimal gas station due diligence.
Questions When Buying A Liquor Store Buying A Liquor Store: 3 Questions To Consider And Ask Before You Purchase

Buying a liquor store? First, ask yourself these three critical questions to find out if owning a liquor store is right for you. Questions like hands on vs absentee ownership, inventory turnover, licensing issues. Peter Siegel, MBA (BizBen ProBuy & ProSell Program Lead Advisor) explores this topic.