The good news is that the recently enacted Federal small business lending provisions will make it easier for prospective purchasers of small California businesses to borrow money they'll need to complete a deal. But it's only good news if buyers move now, to get pre-qualified for an SBA loan. Contributor: Peter Siegel
Seller training from a business owner after a sale of a business can mean all the difference to a buyer and how successful the transition. This article by Peter Siegel of BizBen talks about different aspects of seller training after a small business has been sold. Contributor: Peter Siegel
Most potential business buyers don't realize that 80% of business buyers, not utilizing the BizBen Network, are unsuccessful in buying a small California business. Here are ten buying strategies for buyers to help create a profitable small business sale. Contributor: Peter Siegel
Think selling a small business today is like it was, say, 20 months ago? Much has changed in the economy and in the small business marketplace. And a seller should follow these six principles to achieve success when selling a small business. Contributor: Peter Siegel
In the controversy over how best to get into business ownership - buy an existing enterprise or start from scratch - the most important and most overlooked aspect is whether you can "take it to the bank." Contributor: Peter Siegel
The current economy may be tough for many individuals who are looking, without much luck, for work that will get some money coming in again. But for franchisors who offer an alternative to the headaches and insecurities of corporate employment, business is on the rise. Contributor: Peter Siegel
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. Contributor: Peter Siegel
When examining franchise opportunities to purchase, one helpful trend to look for in any franchise concept is how well the franchise adapts to any form of change. With this in mind, at no time are innovative franchise actions more significant than during economic slowdowns. Following are some examples of situations where franchises have found continued success through some inventive and inspired means/relationships. Contributor: Peter Siegel
A great article explaining one of the top reasons business buyers may not get a return phone call from business brokers and agents is because of their approach. Contributor:
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. Contributor: Peter Siegel
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