Welcome to the supercharged new version of BizBen.
Please take a few moments to scroll (stroll) through its easy navigation aids, so you can become familiar with the fresh look and feel of our site, and discover the new tools we’ve created to help you find and use the information and ideas that can help you meet your business objectives.
This extreme makeover of our popular website has been several months in the making. We wanted to combine the value of our content with the power of the latest technologies so you have, readily available at your fingertips, the facts you need to make decisions in the purchase and sale of small and mid size businesses. And in the choice of professionals who are qualified to provide important services.
This is the fifth, and perhaps the most dramatic of the upgrades to BizBen.com since the early 1990s when our printed directory of businesses for sale was converted to the digital service that now accommodates thousands of visitors and tens of thousands of page views every day. And with this major upgrade, we're excited to introduce a robust array of tools providing easy access to our growing library of content, offering expanded opportunities to interact with the site, and serving up information that is specific to the locations and business categories important to each of our entrepreneur visitors.
Among the new features we think you’ll appreciate, are:
--Wider and deeper search capabilities: Details about specific businesses are augmented with information about 1) other, similar businesses--useful for comparisons; 2) valuable ideas for buying and selling in particular industries; and 3) database of business brokers with experience in businesses and geographic areas of interest;
--Fresh navigation design that makes it intuitively simple to find and sort through our growing library of content so users can quickly get to just the facts required;
--Distinct and separate categories of offerings so buyers can choose among existing businesses for sale, business opportunities not yet evolved to the business-for-sale stage, new franchise listings, and franchise resales;
--Power user accounts which enable registered visitors to save their searches for later review, and to receive notification when new offerings that match specific requirements become available;
--Improved site architecture to expand the interactive features and promote the benefits of Internet communities: Exchanging information, asking and answering questions, and receiving timely updates on news and developments of particular interest to specific segments of the BizBen.com audience;
--Demographic refinements enabling site users to quickly hone in on specific market segments and resources;
--Expanded blogs section with a substantial database of valuable information covering a variety of businesses, buying and selling challenges, educational opportunities and news that affects specific geographic areas and business categories.
--Access to BizBen Talk Radio, its schedules and the podcasts of tutorials, interviews and other popular features of our online station.
Please take a few moments to become familiar with some of the site’s navigational tools and its resources. And give our interactive function a try by letting us know what you like and/or don’t like about the revamped BizBen.com, and what else you’d like to see on these electronic pages in the future.
About the Author: Peter Siegel, MBA, is Founder and CEO of BizBen.com. He has long been a nationally-known consultant for buyers and sellers of small and mid-sized companies, and is the author of many articles, blog posts and three books popular among business buyers, business sellers, business brokers and other advisors in the industry.
Categories: BizBen News
|Helpful Resources To Assist In Selling And Buying California Businesses|
|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.
|Ranvir S. Sandhu, Esq. - Legal Services For Buyers And Sellers
I've worked at top Bay Area law firms and have extensive experience with business entity formation, mergers, dissolutions, conversions, employment matters, including experience in reviewing and negotiating transactional documents such as leases and purchase agreements.
|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.
|Mark Chatow, Esq.: Legal Services For Buying, Selling Businesses
Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.
|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.
|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.
|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.
|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.
|Related Articles, Events, Blog Posts, Discussions, Videos, Interviews|
|Financing Advice: Showing Add Backs To Get Business Acquisition Financing
When seeking business acquisition financing, it helps to review a seller's addbacks as a source of funding to service the debt service. But explain them correctly. Peter Siegel, MBA business acquisition financing expert and advisor at 866-270-6278 covers this topic on financing a business purchase.
|The Bottomline: What Exactly Is Adjusted Net Income, SDC, And Cash Flow?
The use of add backs & adjusted net income is common among sellers of businesses when showing their financial information/performance. But buyers are cautioned to review financials and tax returns / documents closely. Peter Siegel, MBA with BizBen (ProBuy & ProSell, Financing Expert) explains.
|I am Buying A Business: Should I Buy The Property As Well? A Good Decision?
There are advantages and disadvantages to owning commercial property. Here are a few questions to ask when it comes to deciding whether or not to buy the property along with the business. Peter Siegel, MBA with the BizBen ProSell Program reviews this issue with potential sellers and intermediaries.
|How Do I Navigate Through The Negotiation Process When Buying A Business?
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
|What Factors Are Considered In Valuing A Small Business? Advisors Weigh In
Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.
|Is There Such A Thing As Paying Too Little When Buying A Small Business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
|Sellers Ask: How Long Should I Wait For The Buyer To Do Their Due Diligence?
Business sellers & buyers ask the question in the buying process-how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.
|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 866-270-6278 shares his experience.
|See All News, Tips And Events|