BizBen Buyers Program Makes Finding And Buying A Business Easier


An entrepreneur's chances of finding a good business to buy and actually being able to close escrow just got substantially better with the recent update to the BizBen Business Buyer's Success Program.

It includes a number of time-tested tools that 1) enable the prospective buyer to be prepared to move quickly on the right opportunity, 2) provide early alerts when targeted businesses come on the market for sale and 3) help buyers avoid the problems that cause a high percentage of agreements to “fall out” of escrow.

Most people who express the desire to buy a small California business for sale are not well equipped to be successful. They will spend time and effort in that pursuit but will be disappointed with the results. In fact, 80% of prospective buyers fail to purchase a business. One reason, is that they are aware of only about 70% of the businesses on the market for sale. Another problem is that even if a buyer finds a suitable company and comes to an agreement with the seller, there is a 60% chance that the deal will “self destruct” before it can be completed.

The Business Buyer’s Success Program changes that--teaching prospective purchasers how to use the tools we’ve perfected over the years. By evaluating the effectiveness of the elements contained in the program, we’ve discovered that the entrepreneur following the program--compared to one who is not--is four times more likely to buy a business. We also have learned that the program enables a buyer to cut by two-thirds, the time it takes to find and complete the purchase of a suitable acquisition, and will have a 10% chance vs. a 60% chance of losing the deal before escrow can close.

A timely feature of the program is help getting SBA pre-qualified in anticipation of improved access to money from business lenders in the next few months. Increased availability of funds for business purchases is a benefit of the new Federal Small Business Jobs and Credit Act of 2010.

The program is available in two versions. Many of the features are available to those who sign up for the Basic Business Buyer’s Success package, available at no charge. This is ideal for the person not sure yet whether he or she is ready to buy a business and who simply wants an idea of what’s available. For serious buyers committed to finding a good business to acquire, the Pro version, obtained with a one-time fee of $49.00, includes a number of valuable additional benefits. They including access to information about more listings, early alert when a business that meets the buyer’s criteria has just become available, the popular book  “How to Buy a California Business,”  (a $19.00 value), a mechanism that notifies sellers and business brokers and agents about the buyer’s particular interests and abilities, and consultation with experts when the buyer wants advice regarding some aspect of purchasing a business.

Though the statistics for the general population of prospective business buyers suggest they probably won’t achieve their objectives, the updated Business Buyer’s Success Program enables motivated buyers to beat those odds, substantially improving the chances of finding and completed a transaction to buy an excellent California small business.

About The Author:  Peter Siegel, MBA is the Founder of BizBen.com and the Director of the BizBen Network. If you are searching to buy a business make sure you are a part of the BizBen Business Buyers Success Program and get the word out about your search criteria to all business brokers and agents in the area that your are looking to buy a business.  If you have questions about buying a business or about the Business Buyers Success Program please feel free to phone Peter Siegel at: 925-785-3118.

Categories: BizBen Blog Contributor, Buying A Business, How To Buy A Business







  Helpful Resources To Assist In Selling And Buying California Businesses
Diane Boudreau-Tschetter: Escrow & Bulk Sale Services - CA

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Shalonda Chappel: Escrow & Bulk Sale Services - Southern California

Escrow services to brokers/agents, sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services. 951-808-3972.

Janet Carrera: Escrow & Bulk Sale Service - SF Bay Area

Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.

Brad Steinberg, Business Broker: Laundromat Specialist

PWS is the leading laundromat broker in California. Since 1968 PWS has brokered over 2,500 laundromat sales. With over 90 employees dedicated to the coin laundry industry, PWS has 18 licensed agents, a 3 person in-house finance department, 10 service technicians and a 20 person parts department.

William F. Ziprick, Attorney: Legal Services For Buyers And Sellers

Through creative problem solving, attention to detail, accessibility, & understanding that unnecessary delay is often a deal killer, I work closely with my clients and other professionals to consistently achieve a high rate of closings. Office: 909-255-8353, Cell: 509-951-7230.

Helen Yoo, New Century Escrow - Escrow Services In Southern California

New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.

Elizabeth McGovern: Escrow Services - San Francisco Bay Area

McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
Buyer Beware: Does A Company's Culture Effect The Sale Of A Small Business?

When purchasing a small to mid-sized CA business, there are a many items to evaluate. One area that is often overlooked is the business's office culture. Peter Siegel, MBA with BizBen discusses with business buyers the importance of understanding how the business "feels" on a day-to-day basis.

Buy A Business Or Start From Scratch? 5 Key Differences For Business Buyers

Some buyers believe it's better to start a business from scratch rather than buy an existing enterprise. While this may be good advice in some cases, usually it's not the best strategy. Here are five tips to help a buyer make the right decision from from Peter Siegel, MBA (BizBen Director).

Key Tax Considerations In A Deal: Deciding Between An Asset vs A Stock Sale

There are a number of the critical tax-related factors which should be reviewed by a party with their legal and tax advisers in determining the best structure for a sale transaction, i.e., whether it should be an Asset Sale or a Stock Sale. Attorney William Ziprick, Esq covers this topic.

Confidentiality: Why Keeping A Deal Quiet Is Important To Sellers And Buyers

Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.

Before Buying A California Business, 10 Questions You Should Ask Yourself

Before buying a business, all serious business buyers should ask themselves some key questions about possible buying a small California business, franchise, or opportunity - from Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program Advisor with BizBen) at 925-785-3118.

Valuing A Business - Do You Add The Inventory Amount To The Price Or Not?

A business buyer asks how to handle the inventory amount in the purchase price of a business. Do you add the inventory value to the business value? Peter Siegel, MBA (ProBuy & ProSell Program Advisor - Lead Facilitator ) answers this question with the BizBen Network of advisors and resources.

Financing A Business Purchase With Limited Or No Real Estate Collateral

In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA (Business Purchase Financing Expert) at 925-785-3118 shares his experience.

Pricing A Small Business For Sale - Several Factors Play A Valuation Role!

As an Advisor On BizBen I talk to many California business owners, business buyers, brokers, and agents on a daily basis about valuing California small to mid-sized businesses. Many key factors go into this analysis including market demand, history of earnings, and even how the deal is structured.


Escrow Services Diane Boudreau-Tschetter
SF Bay Area Business Broker Manjit Singh
Veld Group Business Brokerage Los Angeles County
Bill Ziprick Legal Advise
Facebook
Twitter
Linkedin
Vlogs and Podcasts
Advertise On BizBen
Instant Email Alerts On BizBen
New Postings Reports On BizBen Sign Up
California Educational Events Buying And Selling Businesses
BizBen Blogs And Articles

BizBen - Where California Deals Get Done! 888-212-4747
7172 Regional Street #364 · Dublin, CA. 94568
BizBen · Copyright © 1994 - 2020, All Rights Reserved



Clost Login


Please confirm your registration by clicking the link we've sent to .

If you can't see it, please check your junk mail folder.

If you have any problems registering, or need assistance with your new BizBen User Account please phone BizBen Customer Support at 888-212-4747.



First Name:*
Last Name:*
Email Address:*
Confirm Email:*
Create Password:*
Confirm Password:*
Phone:
(   
 


You Are A:
Individual
 
Intermediary
 

Email Address:
Password:
 

500 New & Refreshed Detailed Postings Daily
Over 2500 Resources Available On BizBen
Since 1994. Where California Deals Get Done!
Unreported Income Cash Claims By The Seller-What Should A Business Buyer...
Read More News
Financing A Business Purchase With Limited Or No Real Estate Collateral
Read More News