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Selling An Online eCommerce Business
Selling eCommerce Businesses: Tips For Online Website Business Owners
In an advanced, technologically savvy era, virtually anything can be done, purchased or explored via cyberspace. As the market continues to expand and flourish, eCommerce owners can continue to reap in the selling of their online businesses. Peter Siegel, MBA (BizBen Director) explores this topic.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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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
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Checklist When Selling A California Small Business
Selling A California Small Business? This Checklist Will Determine Your Success
When selling a California business, owners should use our salability checklist to determine whether the effort will be successful. Ten factors must be considered to properly prepare a business for sale. Three of the factors account for more than 50% probability of achieving success in selling!  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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Determine Whether Business Buyer Is Sincere
How To Determine Whether The Buyer For Your Business For Sale Is Sincere
A problem owners encounter when offering a California business for sale is that not all so-called buyers are qualified to make the purchase. It's frustrating and costly to waste time showing non-qualified buyers the business. Here are ways to identify time wasters so the focus is on real buyers.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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Buying A Beauty Supply Shop
Tips On Buying A Beauty Supply Shop
California business buyers considering buying a beauty supply shop may want to read this article about how to buy a small to mid-sized beauty supply business. Article discusses who the target market is, the importance of trendy inventory, and product knowledge. It concludes with an industry outlook.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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Confidentiality: Why Keeping A Deal Quiet Is Important
Confidentiality: Why Keeping A Deal Quiet Is Important
Owners should keep the fact that they want to sell their business confidential. Before releasing information to prospective buyers, those buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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Buying A Pharmacy Business
Buying A Pharmacy: What You Need to Know Before You Buy
Buying a pharmacy takes a lot of planning and research as it is not like buying a traditional commercial business. There are many government regulations to take into consideration, as well as financial considerations to plan. Here is what you need to know about the industry before you buy.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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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
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New eBook Helps Business Buyers Succeed
New eBook Helps Buyers Succeed In Buying A Business In The New Economy
California's business for sale market has changed dramatically in the New Economy that has resulted from the mortgage meltdown, banking crisis and the recession. A new ebook offers valuable insights and ideas for small business buyers who need to adapt to the new reality in order to succeed.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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Selling A California Business
Selling A California Business - 13 Crucial Steps
Only 30% of all California Businesses for sale that are put on the market overall are sold! A surprising statistic to most business owners, agents, and brokers trying to sell a California business! If however you follow the strategies below (from the BizBen ProSell Program) you should see success!  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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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
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Business Buyers Biggest Mistakes
What Are Business Buyers Biggest Mistakes? We Examine The Most Common
A potential business buyer in our ProBuy Program searching to buy a California business asked me to sum up what I though the biggest mistakes business buyers make when they searched and bought a business. I asked several BizBen resources their thoughts on the matter and received a diverse response.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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Business Purchase Financing Without Collateral
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 - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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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
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Add Backs To Get Business Acquisition Loans
How To Show Add Backs To Get Business Acquisition Loans
When seeking business acquisition financing loans, it helps to review seller's add backs as a source of funding to service the debt. Peter Siegel, MBA - BizBen Founder and ProBuy/ProSell Lead Facilitator and advisor covers this topic for business buyers, owner/sellers, agents, and business brokers.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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Passion In Your Work When Buying A Business
Find Your Passion In Your Work When Buying A Business
Willard Michlin, CPA a California due diligence consultant discusses finding that passion about your work when buying a small business. In this article he explores how to tap into that passion when searching for and buying your special California small business.  By Willard Michlin   View All Willard Michlin Blog Posts
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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
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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
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Gas Station 5 Risks Buying
How To Buy Gas Station Businesses: Top Five Risks
Those seeking to buy gas station business opportunities need to know about five factors that can make this purchase particularly risky compared to other businesses.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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3 Recycling Businesses To Take A Look At
Recycling Services: 3 Businesses That Will Turn Old Stuff Into New Money
People think of recycling and think of a facility that recycles trash. While this is true a large facility is expensive to open and operate. With that said, in this post, I will focus on 3 small business opportunities in the recycling industry that are more manageable for the average entrepreneur.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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