BizBen Discussions, Comments, Replies About Absentee Run

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Comments & Replies: 9     Views: 3352     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: 5     Views: 7401     Posted By: Business Broker  
Is buying a truly absentee run business really viable? I take a look at this concept with others on BizBen and explore how this can be done. What size businesses, what types of small businesses can be truly run absentee without the owner milling about running a venture? I give my views.
Comments & Replies: 2     Views: 22435     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: 15     Views: 27195     Posted By: Peter Siegel MBA   Peter Siegel MBA: BizBen Founder, Lead Advisor
It seems like these days that's all I hear from buyers in the BizBen ProBuy Program is they want a absentee or semi-absentee business to buy. I understand why, but most buyers don't understand how difficult that is to accomplish this feat successfully. I address this with other Advisors on BizBen.
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