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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
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
Interpreting Reported Earnings
Interpreting Reported Earnings From Sellers
Peter Siegel, MBA Founder of BizBen and the BizBen ProBuy, ProSell Programs discusses interpreting reported earnings from sellers through tax returns, financial statements and other means when buying a small to mid-sized California small business.  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
Doing Due Diligence When Buying A Business
Look Before You Jump - Doing Due Diligence
Bob Hughes, a Coachella Valley - Southern California business broker discusses the need for due-diligence and items that should be collected and investigated by business buyers during this critical process of buying a California small business.  By Bob Hughes   View All Bob Hughes Blog Posts
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
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
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
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
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
Getting Your Laundromat Ready For Sale
Increasing Your Laundry Business, Getting Your Laundromat Ready For Sale
Steve Erlinger, a laundry specialist broker discusses what successful laundry owners do to increase business. Explaining that running a laundromat is a simple business, but it's not easy - Steve gives tips and details about how to get your laundromat in top shape and ready to sell for top dollar!  By Steve Erlinger   View All Steve Erlinger Blog Posts
Coin Operated Laundromat Or Card Operated Laundromat?
Buying A Laundry: Coin Operated Laundromat Or Card Operated Laundromat?
More and more we see "Coinless Laundromats". Anyone in the business or entering the business will face the age old question; Coin or Card? Well, perhaps it's not an age old question, as card systems haven't been around very long, but it is a question worth considering.  By Steve Erlinger   View All Steve Erlinger Blog Posts
What To Do When Your Business Is Not Fun Anymore
What To Do When Your Business Isn't Fun Anymore
Just because its time to sell your business does not mean you're throwing in the towel. Many times small business owners are ready to move on to other things; retirement, a new job, a new venture, more time with family, a focus on personal health, or any combination of factors.  By Bob Hughes   View All Bob Hughes Blog Posts
Determining The Value Of A Laundromat
Determining The Value Of A Laundromat
Steve Erlinger, a laundromat business broker discusses how to value a laundry business. Issues that affect a value include: demographics, the lease, past financial performance of the laundromat, age and condition of the equipment, utility costs, competition and other factors all play a role.  By Steve Erlinger   View All Steve Erlinger 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
How To Buy Or Sell Employement Agencies
Buying An Employment Agency - Now May Be The Time
Some prospective business purchasers ask if they should buy an employment agency. California's declining unemployment suggests a healthy market for businesses that connect job openings with applicants. It's important to know how to evaluate opportunities when seeking this type of business for sale.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
Laundromat Expert Due Diligence Check List
Laundromat Due Diligence: Laundry Broker Discusses Top Contingencies
Laundry Broker and Consultant Larry Larsen discusses laundromat due diligence when buying a laundry. He draws on his years as a laundry owner, buyer, and now long time Southern California laundromat broker and consultant.  By Larry Larsen   View All Larry Larsen Blog Posts
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.  
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
Latest Trends In The Laundry Business
Laundry Broker Reports On The Latest Trends From The Laundromat Industry
Steve Erlinger, a laundry broker specialist in Southern CA reports from the latest laundromat industry trade show & what's new in the coin and card laundry industry. He discusses what various manufacturers are doing and why laundry distributors can be important ally when buying a laundry business.  By Steve Erlinger   View All Steve Erlinger Blog Posts

Business Purchase Financing SBA Loans
Larry Larsen Laundromat Broker
Chuck Post Laundromat Industry Expert
Golden State Laundry System Laundry Business Brokers
Helen Yoo At New Century Escrow
Business Purchase Financing Assistance And Loan Placement
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