Due to the current state of the credit markets and bank financing, seller financing when selling a California small business is more important then ever in a business sale. Lee Petsas, Southern California business broker walks us through the nuances of owner carry notes - seller financing. Contributor: Lee Petsas
A properly prepared purchase agreement is of foremost importance in any business purchase. Lee Petsas, a Southern California business broker defines what should be in a purchase agreement when buying a business. Contributor: Lee Petsas
Owners often ask agents to sell business offerings for them. It's usually more difficult than selling houses when working to find a buyer for a business, to satisfy contingencies and close escrow. Business sales intermediaries either agents or brokers may want large fees, but often are worth it. Contributor: Peter Siegel, MBA
When selling a California business, owners should use our salability checklist to determine whether the effort will be successful. Ten factors must be considered to properly prepare a business for sale. Three of the factors account for more than 50% probability of achieving success in selling! Contributor: Peter Siegel, MBA
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic. Contributor: Peter Siegel, MBA
Would you like to know what your business is worth? What's more, what it could be worth with a small amount of effort and investment? Business brokers have a variety of methods to determine value. Tim Cunha, JD a SF Bay Area Business Broker discusses his answers to this question about valuation. Contributor: Tim Cunha, JD
If inventory is an asset of the small business, why is it treated differently from other assets in setting the business value and conducting the transaction? Tim Cunha, San Francisco Bay Area Business Broker explores this topic about how the inventory amount affects a business valuation. Contributor: Tim Cunha, JD
Conveniently located in Pasadena. 10 highly skilled and experienced brokers with diverse professional experience in a variety of industries, e.g. insurance, banking, mortgage, industrial, electrical, energy, beauty, electronics, restaurants, retail, engineering.
To be successful in buying a small business you must be able to look objectively at the company and determine whether or not it is a business that will be able to grow into the future. The key to long term survival is when a business is able to change and grow along with the needs of their consumer. Contributor: Peter Siegel, MBA
Lee Petsas, a Southern California business broker addresses how he handles potential business buyers when they request information on a business for sale listing. He gives his strategies and tips for handling and directing business buyer inquiries. Contributor: Lee Petsas
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