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Telling potential business buyers about unreported income could come back and bite you if not careful. It's best to be honest when dealing with business buyers but you should also highlight what's reported in the tax returns and what cash may be seen "between the lines". Contributor: Peter Siegel, MBA
When selling your small business, you'll be bombarded with questions - from the brilliant to the ridiculous. You need to be prepared. Here are some of the key questions you can expect to be asked. Tim Cunha (SF Bay Area Business Broker) reviews many of these possible questions from potential buyers. Contributor: Tim Cunha, JD
Specializing in selling restaurants throughout Southern California. Trying to sell a restaurant - call me! Looking to buy a restaurant - we're the ones.
Business broker & President of Hughes Properties. I have a wide variety of entrepreneurial experience with personal ownership & sales of numerous businesses, and have sold over 200 small & mid-sized businesses in the Riverside County, California marketplace. Phone/text me at 760-275-6914 Cell.
George Lanza at Plethora Businesses, a division of A Premier In Services, Inc., is a Business Intermediary Consulting Firm headquartered in Orange, California. Plethora specializes in the listing and sale of small and medium sized private businesses throughout Southern California. 714-255-8862.
Andrew Rogerson is a Certified Business Broker and owner of Rogerson Business Services; part of Murphy Business & Financial. Andrew brings a commitment to excellence, a personal code of ethics and the experience of owning five businesses to help you with all aspects to sell or buy businesses.
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic. Contributor: Peter Siegel, MBA
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response. Contributor: Peter Siegel, MBA
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains. Contributor: Peter Siegel, MBA
If you are buying a small business, you probably have really good ideas about changes you would like to implement and ideas to sell more, be more efficient and more organized. Christina Lazuric an Orange County business broker chats about business buyers and their decision making processes. Contributor: Christina Lazuric CBI, CBB
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