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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
How To Find The Right Southern California Coin Laundry
How To Find The Right Southern California Coin Laundry - A Buyers Guide
The coin laundry industry is nearly 50 years old and most laundries are operated by individual owners. Mike Hurrell with Golden State Laundry Systems discusses how to buy a coin laundry. Topics include financing a coin laundry, what to look for, what types of laundries are available in Southern CA.  By Mike Hurrell   View All Mike Hurrell Blog Posts
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
Laundry Seminars California
Free Laundry Seminars: Upcoming Schedule Throughout California
PWS Laundry has been helping CA business buyers on how to buy or open a laundromat business since 1968. From locating an existing laundromat for sale to finding a new location and all of the other key considerations such as laundromat design, laundromat financing, insurance, business plans & more!  By Brad S.   View All Brad S. Blog Posts
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
Structuring An Earn Out
Earn Outs - Latest Feedback, Structuring An Earn Out
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Due Diligence When Buying A Coin Laundry
Due Diligence - Buyers Role When Buying A Coin Laundry
What is the extent of the buyer's obligation to investigate a business before purchasing it? Chuck Post a specialist in assisting buyers and sellers with coin laundries in California explores his views on laundry due-diligence.  By Chuck Post   View All Chuck Post Blog Posts
Top 5 Industries Of The Future For Business Buyers
Top 5 Industries Of The Future For Business Buyers Of Small Businesses
To be successful in buying a small business you must be able to look objectively at the company and determine whether or not it is a business that will be able to grow into the future. The key to long term survival is when a business is able to change and grow along with the needs of their consumer.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Business Appraiser Discusses Business Sales Multiples
Business Appraiser Discusses Business Sales Multiples
There are multiples of gross sales, seller's discretionary earnings (SDE), earnings before interest and taxes (EBIT), earnings before interest, taxes, depreciation and amortization (EBITDA). Bob Klein discusses business sales multiples and how they relate to buying and selling California businesses.  By Bob Klein   View All Bob Klein Blog Posts
Where Is The Value Of A Coin Laundry
Where Is The Value Of A Coin Laundry
The coin laundry is an all-cash, necessity of life service business. What could be better? Yet, understanding how the business justifies such a high purchase price is baffling. In fact, many times the value is so misunderstood that it results in investors over-paying. Sometimes grossly over-paying.  By Chuck Post   View All Chuck Post Blog Posts
Due Diligence When Buying A Dry Cleaning Business
Case Study: Key Items To Watch Out For When Buying A Dry Cleaning Business
This is a case study of one of his diligence assignments regarding a dry cleaners for sale in Los Angeles County, California. Willard Michlin, CPA discusses a recent due diligence assignment for a business buyer and what mistakes and miscues many of the participants in this transaction / deal made.  By Willard Michlin   View All Willard Michlin Blog Posts
Know About Dual Agents In Buying A Business
What You Should Know About Dual Agents In Buying A Business
Should brokers and agents be allowed to represent both the buyer and seller in a transaction? Doesn't California civil code require that when there is only one agent in a deal, that the agent is required to be a dual agent? These are the questions that I would like to address in this article.  By Willard Michlin   View All Willard Michlin Blog Posts
Buying a Smog Test Only Shop
Buying a Smog Test Only Shop? 10 Big Questions To Ask
Thinking of buying a smog test only shop? Know the 10 big questions before proceeding. Willard Michlin, CPA and Due-Diligence Expert/Consultant explains what you need to know about buying and selling California smog test shops before actually buying one.  By Willard Michlin   View All Willard Michlin Blog Posts
Auto Franchise Or Open My Own Shop
Should I Buy An Automotive Franchise Or Open My Own Shop? 7 Things To Consider
Brian Loring discusses auto franchises and whether buying a national brand is worth the expense or not when you purchase an automotive franchise. Brian explains that it depends greatly on the financial, emotional and geographic position of the potential franchisee and many other factors.  By Brian Loring, CBB   View All Brian Loring, CBB 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
Buying A California Preschool Business
For Some, Buying A Preschool Business Is Realization Of A Dream
Buying a preschool business can be more than just an investment option for someone with a passion for this kind of service. Demand for excellent early childhood education is growing. The preschool buyer can profit financially as well as with the deep satisfaction of providing an important service.  By Melvin "Victor" Kiklowicz   View All Melvin "Victor" Kiklowicz Blog Posts
Buy A Business For Sale
Getting Financing To Buy A Business For Sale - Four Ideas
Most Californians who want to buy a business for sale know about asking the seller to provide part of the financing with a carry-back note. But in addition to that, many 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 Opportunity, Not The Same As A Going Business For Sale
A Business Opportunity, Not The Same As A Going Business For Sale
Don't confuse a business opportunity with a going business for sale. In the broadest sense, an existing business being offered on the market is sometimes called a business opportunity. But for a buyer's purposes, seeking to invest in a business to own and operate, there are important differences.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Differences Between Business Appraiser CPA Due Diligence Expert
Differences Between Business Appraisers, CPAs, Due Diligence Experts
Differences between a Business Appraiser, CPA auditor and Due Diligence Expert? Here are some insights that will be useful for someone engaged in, or planning to conduct due diligence when buying a small business. Willard Michlin, CPA explains the differences between these resources.  By Willard Michlin   View All Willard Michlin Blog Posts
Using Rules Of Thumb To Value A California Small Business
Using Rules Of Thumb To Value A California Small Business
Many business buyers try to use a rule of thumb to value a business. This is a valuable tool but if you actually try to purchase a business based on it, you are sure to regret it later. Willard Michlin, CPA discusses rules of thumb issues when buying a California business.  By Willard Michlin   View All Willard Michlin Blog Posts

Chuck Post Laundromat Industry Expert
Larry Larsen Laundromat Broker
Business Purchase Financing SBA Loans
Golden State Laundry System Laundry Business Brokers
Golden State Laundry System Brokerage
Laundry For Sale Bell LA Area
Larry Larsen Laundromat Broker


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