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Possible Lies When Buying A Business
6 Possible Untruths Told To Business Buyers When Buying A Small Business
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.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Buying A California Franchise For Sale
Buying A California Franchise For Sale
Buying a franchise? Peter Siegel with BizBen explores pros and cons of whether to purchase a new or existing California franchise. This blog post goes on to summarize franchise fees, the FDD and other information that needs to be considered when considering a California franchise purchase.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Agents To Sell Business Listings
Should Owners Hire Agents To Sell Business Listings?
Owners often ask agents to sell business offerings for them. It's usually more difficult than selling houses when working to find a buyer for a business, to satisfy contingencies and close escrow. Business sales intermediaries either agents or brokers may want large fees, but often are worth it.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
How To Advertise A Business For Sale
How To Advertise A Business For Sale Without Revealing Too Much
Knowing how to advertise a business for sale without revealing too much is an important skill for anyone who wants to find a buyer for a small or mid-sized California business at a good price. One caution about giving too much detail is that it might identify the company and ruin confidentiality.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Buying A California Food Truck Business
Buying A Food Truck Business Opportunity: 5 Things To Consider
Buying a food truck is an option to consider if you want to get into the food service business. With food trucks growing in popularity, they are quickly becoming a viable alternative to buying a traditional brick and mortar restaurant and using it as a vehicle to get your food out to the masses.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
How To Buy A Business With No Money Down
Buying A Small Business With No Money Down! Is This Possible?
In The New Economy that we are buying and selling and businesses in, finding funding can be the most challenging part of a sale. Many buyers will have limited funding and need to finance a good portion of the sale but what happens when a buyer has NO money? Peter Siegel with BizBen explains how.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Myths When Buying A Restaurant Business
Buying A Restaurant: 5 Myths Restaurant Buyers Should Know About
So often we hear about the keys to success in the restaurant business and we tend to take them for granted because they seem so logical. But what seems so logical just doesn't hold up to be true. Here are some of the most frequently sited principles for success that are simply myths.  By Jeff Back   View All Jeff Back Blog Posts
How To Create A Business Plan
How To Create A Business Plan For A Small Business
A business plan is a living document that should serve several purposes for your business. When you are buying a small business, a business plan will assist you in obtaining business purchase financing by showing lenders and investors how you plan to repay their loan by running a profitable company.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Selling A Business Online
Selling A Business Online - Common Mistakes To Avoid
Selling a business online, while often effective for finding the right buyer, is a strategy sellers need to execute correctly in order to be successful. That means avoiding the six common mistakes made by sellers. Peter Siegel, BizBen Founder talks about what it takes to effectively sell a business.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
What Not To Do When Searching To Buy Restaurants
Buying A Restaurant: What Not To Do When Searching To Buy A Restaurant
Many California small business investors want to buy a restaurant. People always need to eat; there should be plenty of business. And some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Here's what not to do when planning to buy a restaurant.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Buying A Pizza Restaurant For Sale Tips
Buying A Pizza Restaurant For Sale Tips: What You Need To Know
Peter Siegel, MBA discusses buying pizza restaurant for sale tips and what to watch out for. Topics: Owner involvement in the business as pizzerias are most successful when the owner is onsite. Also discussed is the importance of location and reviewing all financial and tax information.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Buying A California Business Six Tips
Buying A California Small Business - 6 Important Items To Consider
Anyone who wants to know how to buy a business should understand how the market for small and mid-sized businesses has been rapidly changing. There are at least six "to do" practices that apply to the current market. Peter Siegel, BizBen.com Founder & the Director of the ProBuy Program explains.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Telling Buyers About Unreported Income
Selling A Business: Telling Potential Business Buyers About Unreported Income
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Seller Financing 3 Items To Consider
Seller Financing: Terms To Negotiate If You Buy A Business
The idea to buy a business with seller financing is clearly understood by most people whose career move is to purchase their own company. But not everyone knows how to structure a deal with the seller carrying back part of the price. Be prepared for three situations when negotiating your purchase.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
How To Plan Value Your Business For Sale
8 Tips To Maximize Your Businesses Value And Attract The Right Buyers
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Buy A Business For Sale
Getting Financing To Buy A Business For Sale - Four Ideas
Peter Siegel, MBA discusses buyers who want to buy a business for sale know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Business Purchase Financing TeleSeminar
BizBen Podcast & Webinar: Business Purchase Financing, SBA Loan Options
Ever wonder what is involved in obtaining business purchase financing when buying a business? Peter Siegel, MBA BizBen Founder and ProBuy & ProSell Programs Lead Facilitator addresses this topic on this BizBen podcast and answers business buyers, sellers, & brokers questions regarding financing.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Selling Your Business To One Of Your Employees
Selling Your Business To One Of Your Employees: Pros And Cons
After investing years of time and talent into a company, many small business owners want to feel like they are leaving their business in good hands and for that reason, some sellers opt to sell their business to an employee. Let's talk about the pros and cons to taking this route.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Purchase A Small Business With Limited Cash
Purchase A Business With Limited Or No Cash - 5 Financing Tips For Buyers
Trying to purchase a business with no money down is usually a waste of time if you want a good business. But leveraging into a business with a relatively small cash down payment can often be accomplished using some of these suggested strategies in this article on buying a business with limited cash.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Buying A Bar Due Diligence Issues And Tips
Buying A Bar - Due Diligence Issues & Tips
A BizBen blog reader emailed me this question: "I am starting due diligence this week on buying a cocktail bar With a 48 license what should I be asking for, thinking about, watching out for? Is there a list of items I should ask for?" Peter Siegel with BizBen answers this question.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts

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Why Restaurant Buyers Typically Fail: Best Pro Tips For Buying A Restaur...
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