Home Improvement Related Businesses for Sale Related Discussions

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Comments & Replies: 9     Views: 3047     Posted By: Peter Siegel MBA   Peter Siegel MBA: BizBen Founder, Lead Advisor
During this time period of being "sheltered in place" we discuss strategies, best practices that business buyers, business brokers, agents, and owner/sellers are practicing or thinking about during these times of being immobilized. Also discussed are business types that may be good purchases.
Comments & Replies: 3     Views: 3802     Posted By: Business Broker  
Small business sales happen in good times and bad, but even good economies affect the way in which they sell. But the truth is that not every small to mid-sized business sells and not every marketplace is good. I explore these concepts and other factors that affect a sale in this BizBen Discussion.
Comments & Replies: 1     Views: 6962     Posted By: Attorney  
An E-2 Visa & Immigration Attorney here in California addresses some of the more commonly asked questions regarding this topic about buying and selling small businesses with E-2's on BizBen Blogs and Podcasts - E-2 Visa information & strategies for business buyers and sellers.
Comments & Replies: 3     Views: 3232     Posted By: Marketing Consultant  
Posting business for sale listings on social media websites has become an increasingly popular, yet unproductive trend amongst business brokers. When posting your listings online, consider your audience and where potential business buyers and business owner/sellers spend their time online.
Comments & Replies: 2     Views: 2987     Posted By: Marketing Consultant  
As a business broker, branding yourself with consistent and ongoing content is critical to your long-term success. Branding yourself protects you from outside factors that may affect your company's brand in the future and allows you to continue making progress if your company's circumstances change.
Comments & Replies: 2     Views: 8114     Posted By: Joe Ranieri   Joe Ranieri, Business Broker: LA, Orange Counties
Can a seller of a small business back out of an ongoing escrow? Probably, yes, it all depends how far along the escrow is, which will dictate how messy things will get for both owner & buyer. Joe Ranieri (Southern California Business Broker) gives his feedback with others on this BizBen Discussion.
Comments & Replies: 3     Views: 7198     Posted By: Business Broker  
Business tax filings are very important factor in determining the credibility of business financials. Just seeing those financials, you can't determine whether those values are overstated or not. Some business owners provide made up financials to buyers - so, that's where tax fillings come in.
Comments & Replies: 4     Views: 6973     Posted By: Joe Ranieri   Joe Ranieri, Business Broker: LA, Orange Counties
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
Comments & Replies: 4     Views: 7830     Posted By: Joe Ranieri   Joe Ranieri, Business Broker: LA, Orange Counties
Changing hands of business ownership can seem both exciting and daunting to all parties involved, but it's important that a smooth transition occurs to maintain or achieve success of the business. Here are some tips I recommend ensuring things go smoothly when buying a California small business.
Comments & Replies: 2     Views: 4933     Posted By: Business Broker  
Buyers, when inquiring about a business, remember that you are asking for confidential information. Even the fact that the business is for sale is confidential and the premature exposure of the sale could damage the business and its owner.
Comments & Replies: 9     Views: 6202     Posted By: Timothy Cunha JD   Timothy Cunha JD: Business Broker, SF Bay Area
Just had a discussion with a owner/seller about non-disclosure agreements and confidentiality agreements when selling a business. Here was her question: "I am selling my business and I have heard I should have potential buyers sign a NDA. What items of information should I have on my NDA?"
Comments & Replies: 1     Views: 8131     Posted By: Peter Siegel MBA   Peter Siegel MBA: Business Purchase Financing Advisor
Applying for a business acquisition loan can be challenging for someone who hasn't been through that process in the past. If one has a mortgage one knows that the value of the property being pledged has to at least equal the amount of the loan, SBA loans to buy a small business are very different.
Comments & Replies: 10     Views: 14327     Posted By: Peter Siegel MBA   Peter Siegel MBA: Business Purchase Financing Advisor
When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. Peter Siegel, MBA explains.
Comments & Replies: 8     Views: 10801     Posted By: Peter Siegel MBA   Peter Siegel MBA: BizBen Founder, Lead Advisor
A buyer who I have been consulting with on the BizBen ProBuy Program is looking to buy a liquor store (and possible other "cash" oriented businesses). They asked me how they should verify cash being generated by the business and how to go about conducting due diligence etc.
Comments & Replies: 7     Views: 9188     Posted By: Business Broker  
Is starting with a higher selling price a good strategy when selling a small business? or even showing an asking price? I have some definite ideas about this concept and would like to share along with other Advisors, Brokers, Agents contributors on BizBen. What are your thoughts on asking prices?
Comments & Replies: 2     Views: 6440     Posted By: Business Broker  
What are some of the better negotiating tips for business sellers selling a small business. In this Discussion I will list several key strategies I feel work and have others comment on them as well.
Comments & Replies: 2     Views: 22189     Posted By: Business Broker  
As a business broker, the phrase I hear most often from my buyer clients is, "I am looking for an absentee owner business." Since it is such a popular topic of discussion, let me offer an alternative method of business selection with several ideas and tips that I offer my buyer clients when asked.
Comments & Replies: 1     Views: 5448     Posted By: Joe Ranieri   Joe Ranieri, Business Broker: LA, Orange Counties
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
Comments & Replies: 2     Views: 7528     Posted By: Joe Ranieri   Joe Ranieri, Business Broker: LA, Orange Counties
Should small business owners/sellers give potential buyers direct access to their tax returns (and potentially to copies direct from the IRS) either before or during the due diligence process? Several business brokers and advisors discuss this topic on BizBen Discussions.
Comments & Replies: 4     Views: 16261     Posted By: Transactional Attorney  
Once you have successfully negotiated the Asset Purchase Agreement ("APA") for your acquisition it's natural to relax a little and let your guard down. Attorney Specialist Mark Chatow discusses what business buyers should look out for when opening escrow and getting escrow instruction in place.
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