BizBen ProBuy Program - Buying A Business Assistance

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BizBen ProBuy Program Buying A Business Assistance

Buying a California 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 due to lack of information and not knowing about the right resources and channels to find and buy a business.

For over twenty years, BizBen has provided advisory services to business buyers to help them locate California small to mid-sized businesses to purchase, provide business purchase financing referrals, and resources to get their deal completed.

This program has had a high degree of success throughout the years and continues to provide the results buyers require in finding and buying a California business successfully.

The BizBen ProBuy Program For Business Buyers Includes:

1. Individualized Phone Consultations To Determine What Businesses Are Best To Purchase (For Your Specific Background & Interests), Best Practices Discussed On Working With Intermediaries & Business Owner/Sellers, How To Analyze A Potential Business Purchase & Deal, Introductions To Resources To Get Your Deal Completed Successfully.

2. Financing Pre-Qualification For All Possible Business Purchase Financing Options To Buy A Business (Or If You Qualify At All) - Discussion Of Deal Structures Will Also Be Covered.

3. An Introduction To Specific Individuals At Lenders & Financial Institutions To Provide Financing - SBA Loans, Commercial Lending, Retirement Plan Conversions, Hard Money Loans, Seller Carry Back Note Purchases (These Introductions Only Apply If Buyer Qualifies For Business Purchase Financing).

4. Define Buyers Criteria - Types Of Businesses Wanted, Geographic Areas Wanted, Amount Of Capital Available For Down Payment & Purchase Price, etc. We'll Get The Word Out To Interested Business Brokers, Agents, Sellers, Owners, Intermediaries, & Advisors About Your Search Criteria.

5. Refer Buyer To Any Professional Resources That Will Help Them Complete Their Deal & Get It Closed Successfully.

6. We Provide A Professionally Written & Optimized Business Wanted To Buy Posting & Buyer Profile On BizBen.com For 6 Months. If You Still Have Not Purchased A Business Within The Six Month Time Period, You Will Receive An Additional Six Months For FREE!

The cost of this BizBen ProBuy Program for business buyers is a one time fee of $400 (good for one year!) and provides all of the above advisory, financing assistance (SBA or Non SBA financing assistance) and advertising/marketing services. The ProBuy fee can be paid via a credit or debit card (over the phone) or by check.

For more information regarding the BizBen ProBuy Program or to sign up, phone Peter Siegel, MBA at BizBen direct at 925-785-3118.

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

Comments Regarding This Blog Post

Contributor: Ralph Santos, Broker Specialist, Health Care

As a healthcare provider of over 20 years and a now practicing Realtor� it amazes me when I talk with interested buyers who do require the guidance and assistance of an honest and an ethical professional to help them in navigating the purchase of a business. I often find that using a program, such as the one that Mr. Peter Siegel's ProBuy Program at BizBen offers is a vital starting point to avoid endless headaches and worse yet spending money on an erroneous haphazard venture. It is always good to be well informed before making such a milestone decision as investing in a business.

I would echo my colleague in this string and I, your home health and hospice expert, will pay the cost for the ProBuy Program if, in fact, you opt to work with me in the purchase of skilled home health or hospice business. I understand that trusting an agent is not an easy task, but losing money in a needless manner is even less conceivable.

Contributor: Timothy Cunha JD: Business Broker, SF Bay Area

Business buyers come in many "shapes and sizes" ... and often they are new to the process. But, even "veteran" business buyers can use guidance and counseling. While sometimes people may retain a "buyer broker," Peter Siegel's BizBen ProBuy Program is a much-needed resource to help prospective business buyers:

1. Determine what kind of business truly suits their resources, experience, expertise, and lifestyle.
2. Prepare their "buyer profile" to make them more attractive to business sellers.
3. Apply and pre-qualify for business-purchase financing.
4. Learn how best to work with business brokers and business owners selling on their own.

In fact, I am so impressed with the calibre of buyers once they have been counseled by Peter, that if they choose my brokerage to represent them as a buyer, my agents and I will pay the full fee they have paid for ProBuy to the escrow agent to offset their closing costs in the event they purchase a business through us. So, in effect, the ProBuy program will have cost them nothing.

Contributor: Chuck Post: Laundry Specialist, Consultant, Due-Diligence

Peter, thank you for providing these services to Buyers. Many Buyers i speak with bring up the level of difficulty in dealing with brokers and obtaining information. Many feel left out and are clearly not aware of the process in dealing with brokers; and the difference between consultants and brokers. Several take the lack of information sharing suspiciously. So thank you again for providing these services and even more for letting people know that these services are available.

Helpful Resources To Assist In Selling And Buying California Businesses

Elizabeth McGovern: Escrow Services - SF 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.

Joe Sandbank, Esq. - Legal Services

I have provided legal counsel to business buyers, sellers and brokers for over 17 years. With prior experience as a business broker and SBA loan officer, Joe brings both a practical and legal approach to all aspects of the business acquisition process.

Janet Carrera - Escrow & Bulk Sale Services - 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.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

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.

Willard Michlin, CPA, Certified Fraud Examiner, Due Diligence Services

Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.

Helen Yoo: Escrow & Bulk Sale Services - 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.

Brad Steinberg, Broker - Laundromat Specialists

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.

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Prabhjot Randhawa Business Broker SF Bay Area

BizBen ProBuy Program - Buying A Business Assistance

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