BizBen Discussions, Comments, Replies About Buying A Business

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Comments & Replies: 8     Views: 11655     Posted By: Peter Siegel MBA   Peter Siegel MBA: BizBen Founder, Lead Advisor
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
Comments & Replies: 14     Views: 20016     Posted By: Peter Siegel MBA   Peter Siegel MBA: BizBen Founder, Lead Advisor
Who really represents the buyer? The selling broker or agent through dual agency? Many brokers and agents weigh in on this Discussion on BizBen. Bottomline is all business buyers need to know who really represents them and has their best interest at heart when seeking and negotiating on deals.
Comments & Replies: 1     Views: 22466     Posted By: Peter Siegel MBA   Peter Siegel MBA: Business Purchase Financing Advisor
Buying a gas station can be a profitable business. From my experience, here are the pros & cons of buying a gas station that I share with BizBen ProBuy Buyers when they come to me to to get pre-qualified for financing to buy a gas station (with or without real estate). I discuss all these factors.
Comments & Replies: 2     Views: 11327     Posted By: Peter Siegel MBA   Peter Siegel MBA: Business Purchase Financing Advisor
In this Discussion, we define financing options available to potential restaurant buyers when purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant purchase, potential restaurant buyers have several options to choose from.
Comments & Replies: 5     Views: 10348     Posted By: Joe Ranieri   Joe Ranieri, Business Broker: LA, Orange County Areas
When should the training of the new buyer of the business actually begin? Before escrow, during escrow, or only after the keys of the business are handed over to the new owner of the business. Joe Ranieri (Orange County Business Broker - Restaurant Specialist at 714-292-5448) starts this Discussion.
Comments & Replies: 2     Views: 10928     Posted By: Peter Siegel MBA   Peter Siegel MBA: BizBen Founder, Lead Advisor
Buying a liquor store can present some major challenges to business buyers - a recent client on the BizBen ProBuy Program relates to Peter Siegel, MBA what the major challenges may be when searching for and buying a Californa liquor store business. I welcome other Advisors to weigh in on this topic.
Comments & Replies: 6     Views: 11516     Posted By: Timothy Cunha JD   Timothy Cunha JD: Business Broker, SF Bay Area
How do you determine the value of your business when you go to sell or even buy a business? There are so many factors and that is usually one of the first items serious buyers inquire about. When a business broker or agent goes to sell a business this should be one of the first tasks they perform.
Comments & Replies: 6     Views: 4894     Posted By: Business Broker  
Are business buyers too impulsive and impatient about initial asking prices? I feel buyers of businesses should first explore the small to mid-sized business being sold and then come to some conclusion on a potential price to offer - I would like to see what others have to say about this topic.
Comments & Replies: 15     Views: 25766     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.
Comments & Replies: 3     Views: 5286     Posted By: Joe Ranieri   Joe Ranieri, Business Broker: LA, Orange County Areas
What qualities should you look for in a escrow and bulk sale service when buying/selling a business? I often get asked this question by other brokers and business sellers. See what I tell others and what other BizBen Advisors have to say on this topic in this Discussion.
Comments & Replies: 2     Views: 13247     Posted By: Peter Siegel MBA   Peter Siegel MBA: BizBen Founder, Lead Advisor
How much money should you expect to make when buying an automatic car wash? Peter Siegel, MBA (BizBen ProBuy Program Director and Business Purchase Financing Expert) explains with other brokers, intermediaries, and advisors info on this topic.
Comments & Replies: 3     Views: 7497     Posted By: Joe Ranieri   Joe Ranieri, Business Broker: LA, Orange County Areas
Buying a business with a partner/partners, family members can make one think twice about ever doing it twice! However in this BizBen Discussion Post I chat with others about identifying roles, defining goals, attorney visits, and other relating issues.
Comments & Replies: 4     Views: 17419     Posted By: Peter Siegel MBA   Peter Siegel MBA: BizBen Founder, Lead Advisor
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
Comments & Replies: 3     Views: 14771     Posted By: Peter Siegel MBA   Peter Siegel MBA: BizBen Founder, Lead Advisor
A buyer contacted me about financing (the purchase of) a home health care business and asked me about the future of this industry - I take on this question with other Users And Intermediaries on BizBen regarding the home health care industry and it's future for potential buyers.
Comments & Replies: 2     Views: 9210     Posted By: Joe Ranieri   Joe Ranieri, Business Broker: LA, Orange County Areas
Are restaurants (deli's, sandwich shops, food services) in Industrial Parks good investments for business buyers? I get this question many times a year from potential restaurant buyers so I though I would answer this with my thoughts and get feedback from other Advisors & Professionals on BizBen.
Comments & Replies: 2     Views: 3909     Posted By: Peter Siegel MBA   Peter Siegel MBA: BizBen Founder, Lead Advisor
Comments & Replies: 2     Views: 3595     Posted By: Joe Ranieri   Joe Ranieri, Business Broker: LA, Orange County Areas
Comments & Replies: 1     Views: 2899     Posted By: Peter Siegel MBA   Peter Siegel MBA: BizBen Founder, Lead Advisor
Comments & Replies: 5     Views: 3997     Posted By: Business Broker  
Comments & Replies: 1     Views: 4926     Posted By: Steve Erlinger   Steve Erlinger, Laundry Broker/Consultant: Southern CA
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