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Baby Boomers And Their Effect On California Small Business Sales
Retiring Baby Boomers And Their Effect On California Small Business Sales
Each day, more than 10,000 Baby Boomers turn 62. Around this age, Americans, many of which are small business owners, start to think about their exit strategy from the workforce. For a small business owner, the process can be complex and their decision to retire has an impact on many others.  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
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
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
Qualifying Business Buyers
Qualifying Business Buyers: Top Business Broker Discusses Top Strategies
Lee Petsas, a Southern California business broker addresses how he handles potential business buyers when they request information on a business for sale listing. He gives his strategies and tips for handling and directing business buyer inquiries.  By Lee Petsas   View All Lee Petsas 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
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
Showing Your Business - Tips For Business Buyer Visits
Showing Your Business - Tips For Business Buyer Visits
Showing your business when selling is one of the most important steps in the sale process & how it is done will greatly effect the selling price. There are two areas to be concerned with, how the business looks & how you react to the prospective buyer. Bob Klein, business appraiser gives his views.  By Bob Klein   View All Bob Klein Blog Posts
How to Sell Your Business
How to Sell Your Business - Tips For Selling Your California Business
Peter Siegel, MBA with the BizBen ProSell Program discusses the steps recommended to prepare a business for sale including cleaning and repairs, gathering paperwork and preparing an exit strategy. It emphasizes the importance of working with professionals and getting the right buyers interested.  By Peter Siegel, MBA   View All Peter Siegel, MBA Blog Posts
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
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
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
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
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
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
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
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
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 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
Buying A Laundry Watch Out For Making These Mistakes
When Buying A Laundry Watch Out For Making These Mistakes
The laundry business offers all of those rewards of business ownership, with much fewer headaches than with most other businesses. However buyer beware - Chuck Post, laundry broker and consultant covers several mistakes many first time laundry buyers commit when buying a California laundromat.  By Chuck Post   View All Chuck Post Blog Posts

Chuck Post Laundromat Industry Expert
Golden State Laundry System Laundry Business Brokers
Larry Larsen Laundromat Broker
Chris Lazurik Business Broker
Chris Lazurik Business Broker
Ralph Santos Business Broker
Willard Michlin Due Diligence Services


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