Our BizBen Panel of Experts was consulted on a problem posed by a visitor to our site, who asked what to do about selling her flower shop, considering that she has a manager who is interested in buying it and would be good at running it, but lacks the funds to make that happen.
Selling or buying a small to mid-sized business is serious business so BizBen took a recent survey about three groups important to the process of buying/selling a business: small business owners/sellers, business buyers, and business brokers & agents.
Described in various ways, as licensed care homes, assisted living properties and residential care facilities, these enterprises can be very profitable and offer substantial potential for growth as the market for their services expands.
To sell a California business you need a real estate license. When the real estate market is weak, real estate agents think about selling businesses. Most California business brokers don't make it past their first year. What does it take and how can you become a business broker in California.
Maintaining confidentiality is not a simple task. It is a complex, interlocking process that has to be methodically practiced. The methodology that we believe most successful in maintaining confidentiality is using a business intermediary, an attorney, CPA or some other third party to act as a...
Business notes are created when a business owner sells a business and "carries back paper". This is more commonly referred to as seller financing. The note is secured by the business and its assets.
Have the results back from surveying business buyers, business owners/sellers, and business brokers and agents about what annoys them most about the other participants in a deal. Some information was inevitable some was surprising.
While much of the negotiating for purchase of a small California business is conducted at arms length, meaning that the principal is not present when his or her offer or counteroffer is presented to the other party, there are times when buyer and seller find themselves at the same table, where they...
A potential small business owner/seller asks the question: I have a preschool and am thinking about selling it but my lease is ending soon. What would be the best thing to do? Do I renew the contract or do I act the landlord to sign a contract to the new buyer? and is it a good time to sell?
Finding the best car wash for sale comes down to understanding your business strengths and the nature of the industry. BizBen.com Founder Peter Siegel with the help of car wash brokers discuss how to find a car wash for sale that will succeed.
Buying a day care for sale is a dream for many people. Here, you'll learn how to successfully negotiate the purchase of a day care for sale to make that dream a reality. Peter Siegel with BizBen.com covers this topic.
Imagine having the prestige and excitement enjoyed by the area's small business brokers: What a fun and lucrative profession! You've heard about the terrific benefits, but do you know in reality that the business broker life doesn't always match up with the myths? Some examples of the myths and...
Looking to buy a convenience store? Learn these critical tips for scouting the most profitable and safe locations before you put an offer on the table. Peter Siegel with covers this topic on the BizBen.com Blog.
The likelihood of selling a business is often determined by external factors in the marketplace. Here are eight influences on how easy, or difficult it might be when selling a small business. Peter Siegel discusses these factors in a BizBen.com article.
Due diligence definition and checklist with services for buying and selling small to mid-sized businesses. A check list is important for legal and accounting due-diligence.
Looking to buy restaurant businesses? Check out these tips first to avoid getting blindsided when you buy restaurants. Peter Siegel, MBA with BizBen.com discusses this topic.
One of the strategies for selling your business to a very cautious buyer is to relate the price to performance of the company in the months after the buyer takes over. Peter Siegel with BizBen.com explains this strategy.
Don't buy a laundry business before reading these 5 tips to maximize your investment. You'll soon be able to buy a laundry with confidence! Peter Siegel, MBA with BizBen.com discusses this topic.
While the plan to buy a yogurt business for sale can be a good financial move, there are some items potential business buyers should know about. Here are three guidelines from Peter Siegel, MBA at BizBen.com.
While they are exposed to many businesses and recognize how others handle their customers, certified business brokers don't always remember that rules for excellent customer service also apply to them. Five suggestions are offered to make sure business intermediaries serve clients well.
The three most widely used sources of funds for financing business purchase assets are buyer's cash, seller financing, and SBA bank loans. Peter Siegel, MBA with BizBen.com and an SBA loan consultant & placement specialist explains the differences between them.
The final part of the business for sale transaction process is the escrow. Peter Siegel, MBA with BizBen.com describes the escrow and bulk sale process in relation to buying and selling California small businesses.
Are you thinking of selling your California vending route? More business buyers than ever before are looking to buy such a business. Peter Siegel, MBA with BizBen.com discusses tips for selling your vending route.
The more prepared you are the better the transaction will go, so here are a few tips and guidelines that should better prepare you for selling your tax practice or CPA firm. Specialist business broker Christina Lazuric covers this topic.
In this article Peter Siegel, MBA of BizBen.com gives advice to small business owners and business brokers critical tips to advertise and successfully sell a California business online.
California laundry consultant and advisor Chuck Post discusses redefining your business model when seeking a re-tooled laundry.