Postings Advertise Resources Blog Discussions About Us Register Login BizBen Podcast   BizBen Podcast  
BizBen.com
500 New & Refreshed Posts, Postings Daily
Over 8,000 Postings & 2,500 Resources
Assisting Buyers & Sellers Over 25 Years!

Categories

BizBen ProBuy Program: Professional Assistance With Buying A Business

The ProBuy Program is good for six months but most of my business buyer clients end up buying a business usually within three to five months from start to finish. The cost of the program is a one time $800 fee (payable via check, credit/debit card, or eCheck). There are no other fees associated with this program for my services during the program.

This fee covers consulting & pre due-diligence (Phase 1) on all deals: is the deal priced right? can you get financing on the deal? what deal points about the business should you be concerned about?, getting you prequalified for business purchase financing (and getting you the financing needed for your purchase), getting the right team/advisors (transactional attorney, escrow/bulk sale services, etc.) in place to assist you, etc.

Buying or selling a small to mid-sized business can be a confusing and/or frustrating process. For over twenty-five years I have assisted buyers, sellers, agents and brokers with online and offline tools and currently advise (ProBuy & ProSell Programs) motivated business buyers & sellers with buying and selling small and mid-sized businesses.

Here Is What You Will Receive From The BizBen ProBuy Program (For Business Buyers):

* Determine What Types/Industries/Categories Of Small To Mid-Sized Businesses Would Be A Good Match For You

* Get Customized Instant Alerts Of Businesses For Sale Via Email Or Text - You'll Get First Response To Postings

* Pre-Qualify & Advise You On Business Purchase Financing Options - SBA & Non SBA Financing

* Introduction To Specific Individuals At Financial Institutions To Provide Business Purchase Financing

* We'll Refer You To All Professional Resources That Will Help You Complete Your Deal & Get It Closed

* An Optimized/Targeted "Business Wanted To Buy" Posting For You On BizBen.com Targeting Owner/Sellers, Brokers

* Analysis Of Deals In The LOI Or Pre-Offer Stage That You Are Considering Buying - Due Diligence Phase 1 Analysis

* Non-Biased Valuation/Appraisal Feedback On Deals In Contract - Is It Worth It? - Phase 1 Analysis Provided

My Related Experience:

I am the Founder and Lead Advisor at BizBen.com. I have an Economics Degree and MBA (Entrepreneurial Studies & Financing Concentration) from UCLA. I have have authored six ebooks on the subject of buying, selling or financing the purchase of a small business, and lead numerous webinars, podcasts, & online trainings for Buyers, Sellers, Brokers & Agents

I look forward to working with you in finding and purchasing a small to mid-sized business!

Peter Siegel, MBA - Founder, Lead Advisor at BizBen.com at 925-785-3118 Direct

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

Contributor:

Peter Siegel, MBA
Areas Served: Nationwide - All Areas
Phone:  925-785-3118 Cell, 925-785-3118 Text
Peter Siegel, MBA - Founder Of BizBen.com (since 1994), I am the Lead Advisor for the ProSell, ProBuy, & ProIntermediary Programs. I advise/coach buyers, sellers, and brokers daily about buying & selling small to mid-sized businesses throughout the Nation. I can be reached direct at 925-785-3118.
Save This Contact  • 

Comments & Feedback From Pro Intermediaries & Pro Advisors On BizBen:

Posted By: 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 BizBen 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.


Posted By: Timothy Cunha JD, Business Broker: San Francisco 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.


Posted By: 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.






Place A Posting To Sell Or Buy A Business, Search All Postings


Sell A Business Fast: Place A For Sale Posting Now To Sell A Small Business - 7 Programs To Select From >
Find A Business To Buy Fast: Place A Wanted To Buy Posting Today - Best Way To Find & Buy A Business >
Search Business For Sale & Wanted To Buy Postings On BizBen - 500 New & Refreshed Postings Daily! >

Other Related Blog Posts, Articles, And Discussions You May Be Interested In

Buying A Business Losing Money Should I Buy A Small Business That is Losing Money? Brokers & Agents Discuss

When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. ProIntermediaries discuss.
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.
6 Untruths Told To Business Buyers 6 Possible Untruths Told To Business Buyers When Buying A Small Businesss

Even without meaning to be dishonest, sellers or brokers talking to someone who wants to buy a small business often make statements that are not true. And sometimes what is said is known to be a lie. The buyer is smart to carefully evaluate what they hear - six untrue statements sometimes told.
Due Diligence Gas Station Purchases Buying A Gas Station Business: What To Look For When Doing Due Diligence

Doing due diligence when buying any type of business is extremely important. Regardless of what type of business you are buying there are certain things you will always look at such as, financials, equipment, legal issues etc. We take a look at several angles for optimal gas station due diligence.
Questions To Ask A Business Broker Hiring A Business Broker? Ask These Top Key Questions First, Then Decide

The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents (ProIntermediaries) in California contribute to this topic to assist sellers.
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.
Appealing To Restaurant Buyers During COVID Tips On Selling A Restaurant: Appealing To Restaurant Buyers During COVID-19

ProIntermediary, Joe Ranieri (Business Broker) shares what buyers are looking for in this unprecedented market. COVID-19 has made curb appeal more important than ever when selling a restaurant. Sellers still have the power to attract buyers in this market with focus of a few key requirements.
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.
Great Questions To Ask A Seller As A Business Buyer What Questions Should I Ask The Owner, Seller Or Broker?

Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
Latest Business Broker Survey 6 Successful Traits Of Top California Business Brokers: New BizBen Survey

The latest BizBen.com survey of California Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.