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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. Contributor: Rob Hartman
The number of California business for sale offerings acquired by buyers during the first three quarters of 2014 totals 11,579, the state's highest business turnover rate since the 2009 slowdown, says BizBen Index. Steady growth is partly the result of the increase in availability of purchase funds. Contributor: Peter Siegel, MBA
Should small business owners/sellers or brokers/agents give potential buyers direct access to past company tax returns and financials (profit & loss statements) either before or pre the due diligence process? Multiple ProIntermediaries and ProAdvisors discuss this topic on this BizBen Discussion. Contributor: Joe Ranieri
Was just asked the question from a business owner what the "typical commission" amount is for a broker and if upfront fees are common? Thought this might be a great Discussion topic on BizBen for both business owner/sellers and potentially for business buyers (buyer representation). Contributor: Peter Siegel, MBA
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing. Contributor: Peter Siegel, MBA
50% of all California small business for sale transactions fail to complete. Why do businesses for sale fall out of escrow? Joel Miller (a senior care business specialist) discusses his 5 top reason why businesses fall out escrow along with other brokers, advisors on this BizBen Discussion. Contributor: Joel Miller
Every business broker knows that a listing taken is not a listing sold, in fact the ratio of listed vs. sold could be discouraging if you really thought about it. Joe Ranieri (Orange County Business Broker) discusses what you should do if you finally have to close the doors and call it quits. Contributor: Joe Ranieri
Business buyers many times ask in my ProBuy consulting sessions - how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic. Contributor: Peter Siegel, MBA
What are some ways a broker can prevent a buyer and seller from doing a deal behind their back and what to do about it if it happens? Joe Ranieri (Orange County Business Broker) discusses ways a business broker or agent can protect themselves from buyers and sellers trying to circumvent them. Contributor: Joe Ranieri
The number of small business for sale deals recorded in California during the first quarter of 2013 marks the highest total for the period in five years, according to the BizBen Index. The company said 4,006 small and mid-sized California businesses changed hands in the first three months of 2013. Contributor: Peter Siegel, MBA
Results: 265 Posts
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