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Blog Posts & Articles Related To: Selling A Business

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When To Sell Your Business Timing When To Sell Your Small Business - Many Factors Play A Part

Posted By: Christina Lazuric: Business Broker - CA, TX.   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.
Telling Your Employees The Business Is For Sale When Do I Tell My Employees The Business Is Being Sold?

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that will affect the decision.
Telling Buyers About Unreported Income Selling A Business: Telling Potential Business Buyers About Unreported Income

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   Telling potential business buyers about unreported income could come back and bite you if not careful. It's best to be honest when dealing with business buyers but you should also highlight what's reported in the tax returns and what cash may be seen "between the lines".
Business Broker Coop Issues 4 Reasons Why Business Brokers Do Not Cooperate With Other Brokers

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients.
First Impressions When Selling A Business Sellers: First Impressions Are Critical When Selling A Small Business

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
Laundry Buyers Today Who Is Today's Laundry Investor Or Buyer: Blue Collar Or White Collar?

Posted By: Chuck Post: Laundry Specialist, Consultant, Due-Diligence.   Today, we see more growth in the white-collar sector than we do in blue-collar entering the laundry business. We are also happy to see a rapidly growing representation of Black and Hispanic investors; women entrepreneurs are possibly one of the fastest growing segments.
How Long Does It Take To Sell Restaurants How Long Does It Take For A Small Business Restaurant To Sell?

Posted By: Joe Ranieri, Business Broker: LA, Orange Counties, California.   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.
BizBen Live Podcast Sessions Thursday Evenings Next Live Podcast Online Session For Buyers & Sellers: Weds 10/20 At 7PM

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   Part webinar, part live podcast these BizBen Sessions are held on Weds at 7PM. 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.
5 Tips When Selecting A Business Broker 5 Best Tips When Choosing A Business Broker When Selling Your Business

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   Most owners know that when choosing a broker to help sell your business, it's good to find out about his or her background and maybe get some references of people who've worked with the professional. Before signing a listing agreement, it helps to know these extra things about the business broker.
Great Text Phrases When Advertising A Business For Sale Advertising A Business For Sale: Best And Worst - Words, Phrases, Strategies

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.

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Questions To Ask A Business Broker Hiring A Business Broker? Ask These Top Key Questions First, Then Decide

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Reason For Not Selling Business What Are Some Possible Reasons My Broker Didn't Sell My Small Business?

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Buying An Absentee Small Business The Pros And Cons Of Buying An Absentee Run Small Business In California

Peter Siegel, MBA - BizBen Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small business in the California marketplace.
Co Brokerage When Selling A Business Before You Select A Business Broker: Do They Co-Broker With Other Brokers?

To receive the fullest exposure for selling their business, small business owner/sellers should make sure their listing broker or agent is co-operating with other business brokers and agents on their deal. Christina Lazuric a Orange County business broker discusses this topic with BizBen Users.
Due Diligence Gas Station Purchases Buying A Gas Station Business: What To Look For When Doing Due Diligence

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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.
Buying A Janitorial Service Janitorial Cleaning Services: 6 Considerations When Buying A Janitorial Firm

Buyers interested in buying a janitorial cleaning business will find companies in this industry for sale that are quite profitable. Careful due diligence, including the six factors covered in this blog post, is advised before completing a deal. Peter Siegel, MBA with BizBen explores this industry.
Pocket Listings Pocket Listings: Vast Hidden Market Or Myth With Business Buyers & Sellers?

What percentage of businesses for sale that are advertised and/or sold are pocket listings? What is the best way to find out about pocket listings? Are they advertised? Are they a big part of the businesses sold marketplace? In this Discussion ProIntermediaries and ProAdvisors discuss this topic.
Taking Back Up Offers Important Back-Up Offers: Crucial When Buying Or Selling A Small To Mid-Sized Business

An often overlooked aspect of selling (or buying) a small business is taking back-up offers during the entire process of selling (or buying) a business. Most sellers (or buyers) don't realize that over fifty percent of all deals/contracts fall out escrow or contract for one reason or another.
Business Brokerage Questionable Practices Sellers: Watch For These Business Broker Questionable Practices

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.