If you are looking at California smog shops with the idea of buying one in order to have your own business, you'll be pleased to know this type of company can be quite profitable if operated properly. To get the best return on your investment in this business, plan to work as the test technician.
To be successful in buying a small business you must be able to look objectively at the company and determine whether or not it is a business that will be able to grow into the future. The key to long term survival is when a business is able to change and grow along with the needs of their consumer.
Most everyone who's decided to buy a small business in California knows the importance of due diligence. That involves close examination of a business prior to removing contingencies. But not everyone knows how to uncover problems that are not obvious. Here are five of the most common hidden issues.
Baby Boomers are changing our economy in many ways and predications about how our aging population will impact the future keep rolling in. From a small business perspective, the aging population presents a business opportunity for an Entrepreneur looking to get in to the senior care business.
Since most people who want to acquire a business for sale spend their time and energy responding to ads, it's no wonder that a majority never find a company they want to buy. Meanwhile, proactive buyers "push" their requirements and qualifications to purchase, and attract owners ready to sell.
Californians who buy smoke shops can enjoy profitability if the businesses are chosen carefully. Despite the anti-smoking movement, enterprises that sell cigarettes, cigars and smoking paraphernalia serve a market that remains substantial. But it's important to understand your purchase options.
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
The key to successfully selling your deli or any other business for that matter is preparation. Being prepared to sell your deli restaurant could mean the difference between closing a deal and not. With BizBen offering many deli sales, here are 5 tips to help you get prepared to sell your deli.
After investing years of time and talent into a company, many small business owners want to feel like they are leaving their business in good hands and for that reason, some sellers opt to sell their business to an employee. Let's talk about the pros and cons to taking this route.
Embarking on the venture of acquiring a liquor store is a journey rife with potential, a symphony of business acumen and the intoxicating allure of entrepreneurship.
Venturing in the laundromat business can be a promising journey, offering entrepreneurs a stable and potentially profitable opportunity. Whether you're considering buying an existing laundromat or starting from scratch, this guide will unravel the various facets of the laundromat business.
A micro business is a type of small business that typically has fewer than five employees or as many as ten. It is often a one-person operation or a very small team, and it operates on a small scale.
Ready to leave your mark as a business owner? Acquiring a profitable existing business is a strategic and rewarding start to your entrepreneurial journey. It's often more efficient, less risky, and cheaper than starting from scratch.
Laundromats undeniably represent a fantastic business opportunity. They offer high returns and require minimal hours, making them an attractive investment. Even during severe economic downturns, laundromats prove resilient as they provide an essential life service, but why do laundromats fail?
Financing a business purchase has become more difficult in the past couple of years. But buyers and sellers of small and mid-sized businesses are finding other ways to raise the money needed to complete their transactions. Peter Siegel, MBA with BizBen discusses these ideas with BizBen Blog readers.
Unlike many small businesses, due to strict regulations there are many steps that you must take before you can consider buying a liquor store. Peter Siegel with BizBen discusses the seven steps will put you on the right track to buy a liquor store legally.
Southern California business broker Christina Lazuric discusses strategies for buying tax practices and accounting businesses for sale.
Owning a bar is a fantasy that many can claim. Who hasn't once thought about what it would be like to own and manage the hottest place in town? Like all business investments, there are important factors to consider before you jump in and buy a bar. Peter Siegel, Founder of BizBen.com discusses...
Christina Lazuric, a business broker in Southern California explores earn-outs and her experiences of structuring one on her latest deal.
Christina Lazuric, an Orange County Business Broker shares her views with BizBen.com blog readers on understanding seller discretionary earnings when buying or selling a small business for sale.
The good news is that the recently enacted Federal small business lending provisions will make it easier for prospective purchasers of small California businesses to borrow money they'll need to complete a deal. But it's only good news if buyers move now, to get pre-qualified for an SBA loan.
A logical question from people looking to purchase a business is whether they can afford a company that will produce enough profit to meet their needs. Some guidelines are useful to help buyers make intelligent decisions regarding business values. Buyers should also take advantage of BizBen's Buyer...
I've sold many wholesale/distribution businesses and there are some particular things that you should considering when making the decision to purchase this type of business. Christina Lazuric is an Orange County Business Broker shares her experiences of working with these types of businesses.
It might be the most tedious thing you do when buying or selling a small California business for sale, but conducting inventory - counting out the items that are sold or used in running the business is absolutely essential. Peter Siegel, MBA founder of BizBen.com discusses this topic.
Most potential business buyers think that they have seen everything that there is to see when looking to buy a California small business. A great strategy overlooked is to go back and review mature business for sale listings. Business broker Christina Lazuric explains why in her latest blog...
What the seller of an interesting business will accept, what his "hot buttons" are, what they are willing to negotiate about; these are all facts that come to light when an offer is made. Peter Siegel, MBA the Director of the BizBen.com discusses some practical advice for business buyers.
If you have that American dream about being self employed, perhaps by buying a small business for sale, you should know that not everyone is suited for a career as an entrepreneur. Before taking the steps toward business ownership, you can ask yourself three questions designed to help reveal whether...
Our BizBen Panel of Experts was consulted on a problem posed by a visitor to our site, who asked what to do about selling her flower shop, considering that she has a manager who is interested in buying it and would be good at running it, but lacks the funds to make that happen.