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Posts Related To: Peter Siegel, MBA

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Buying A Janitorial Small Business Janitorial Cleaning Services: 6 Considerations When Buying Janitorial Businesses

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   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.
Business Buyers Biggest Mistakes What Are Business Buyers Biggest Mistakes? We Examine The Most Common

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
BizBen ProBuy Program Buying A Business BizBen ProBuy Program: Professional Assistance With Buying A Business

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Why Buyers Do Not Buy Businesses Why 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.
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 Acquisition Financing Cash Flow Business Acquisition Financing Expert Give Tips On Proving Cash Flow

Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor.   What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com's Advisor - ProBuy / ProSell Programs) reviews this important concept with BizBen Blog users.
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.
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.

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Due Diligence Gas Station Purchases Buying A Gas Station Business: What To Look For When Doing Due Diligence

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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.
Business Broker Likes Purchase Agreements Advantages Of An Asset Purchase Agreement (Contract) Over A Letter Of Intent

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Business Buyers Biggest Mistakes What Are Buyers Biggest Mistakes? The Pro's Examine 25 Of The Most Common

A business buyer in our ProBuy Program searching to buy a small business asked me to sum up what I thought the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
Buying A Business Without Financials Business Seller Doesn't Have Recent Financial Figures: What Should I Do?

The owner selling the business doesn't have recent financial information or documentation but insists revenues are increasing. Should buyers believe the seller? What should buyers do in this situation? ProIntermediaries on BizBen answer the question of verifying seller/owner's financial claims.
Why Many Deals Fail Why Many Deals Fail: Unrealistic High Asking Prices Are Usually The Culprit

The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
Tips For Business Sellers Business Owners: Do Not Make It Hard To Buy Your Business - Successful Tips

Successful sellers of small businesses need a game plan to sell their California small business for maximum price and for the best terms. Peter Siegel, MBA discusses these seller strategies with BizBen Blog readers based on his experience as the lead Advisor with the ProSell Program on BizBen.com.
Giving Buyers Tax Returns Should Sellers Of Small Businesses Give Potential Buyers Their Tax Returns?

Should small business owners/sellers or brokers/agents give potential buyers direct access to past company tax returns and financials (profit & loss statements) either before or pre the due diligence process? Multiple ProIntermediaries and ProAdvisors discuss this topic on this BizBen Discussion.
LA County Menchies Frozen Yogurt Franchise For Sale Absentee Run Menchies Frozen Yogurt Franchise For Sale

Premium Menchie's Frozen Yogurt Franchise in Los Angeles County at a fraction of cost associated with new store establishment. Desirable Menchie's Frozen Yogurt Franchise located in an upscale community on a major busy street. Contact Mani Singh today at 951-296-7646 Cell / Text for details.