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Unreported Income Claims Business Buyer Beware
Unreported Income Claims - What Should A Business Buyer Do?
One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement and go ahead with the purchase?  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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Pricing A Business For Sale
Pricing A Business For Sale - Key Factors All Play A Role!
As a consultant I talk to many California business owners, business buyers, brokers, and agents on a daily basis about valuing businesses. Peter Siegel, MBA with BizBen.com talks about key factors in pricing a business for sale in the California marketplace.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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Buy A Business That Is Not For Sale
Buy A Business That Is Not For Sale - Strategies For Business Buyers
Approaching business owners directly to see if they want to sell can sometimes work well for business buyers searching to buy a business. Another way is to broadcast your search criteria via the BizBen ProBuy Program to all brokers, agents, and intermediaries who sell businesses in California.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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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
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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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How To Buy A Vending Business
How To Buy A Vending Business Successfully: 6 Top Tips For Buyers
Some California entrepreneurs think they might like to buy a vending business but have heard negative things about the industry and aren't aware of important facts about this business. Here are some tips from BizBen's Peter Siegel on what to look for in buying a California vending business for sale.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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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
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Buying An Absentee Run Business
The Pros And Cons Of Buying An Absentee Run Business
The post discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run business.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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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
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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
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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
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The Steps in Selling a Business With A Business Broker
The Steps In Selling A Business With A Business Broker
Ron Hottes walks you through the steps in selling a business through a business broker. It all starts with: An initial meeting between the Business Owner (Seller) & Seller's Broker where the selling process is explained and a free valuation is used to determine the value of the business.  
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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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Lease Factors Buying Selling Laundromats
The Laundry Lease: 4 Big Issues For Buyers And Sellers
The laundry lease is undoubtedly of the highest element of value of the laundry investment. It is critical to get and to keep your lease in line with the operating model that is intended for your laundry. Chuck Post, laundry consultant and broker covers this topic in this BizBen blog post.  By Chuck Post   View All Chuck Post Blog Posts
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Webinar Buying A California Laundry
FREE Online Webinar: For Laundry Buyers - How To Buy A California Laundry
Chuck Post hosts this live FREE online webinar on Buying A California Laundry. The next online webinar is coming soon. Have your questions ready for an open and honest discussion about both the Pro & Cons of the Vended Laundry Business. RSVP or for more info phone Chuck at 619-227-5711 direct.  By Chuck Post   View All Chuck Post 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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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
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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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When And How To Tell Employees When Selling A Business
Selling A Business: When And How To Tell Employees
Lee Petsas a Southern California business broker writes about his experiences relating to when to tell employees the business is for sale or has been sold.  By Lee Petsas   View All Lee Petsas Blog Posts
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Broker Cooperation Selling A Business
Before You Select A Business Broker - Do They Co-Broker?
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.  By Christina Lazuric, CBI   View All Christina Lazuric, CBI Blog Posts
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Golden State Laundry System Laundry Business Brokers
Chuck Post Laundromat Industry Expert
Health Care Broker Ralph Santos
Willard Michlin Due Diligence Services
Ralph Santos Business Broker
Willard Michlin Due Diligence Services
Helen Yoo At New Century Escrow


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