What the seller of an interesting business will accept, what his "hot buttons" are, what they are willing to negotiate about; these are all facts that come to light when an offer is made. Peter Siegel, MBA the Director of the BizBen.com discusses some practical advice for business buyers. Contributor: Peter Siegel, MBA
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, MBA
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, MBA
Described in various ways, as licensed care homes, assisted living properties and residential care facilities, these enterprises can be very profitable and offer substantial potential for growth as the market for their services expands. Contributor: Peter Siegel, MBA
Maintaining confidentiality is not a simple task. It is a complex, interlocking process that has to be methodically practiced. The methodology that we believe most successful in maintaining confidentiality is using a business intermediary, an attorney, CPA or some other third party to act as a filter between the owner of the business and the prospective purchasers. Contributor: Peter Siegel, MBA
Have the results back from surveying business buyers, business owners/sellers, and business brokers and agents about what annoys them most about the other participants in a deal. Some information was inevitable some was surprising. Contributor: Peter Siegel, MBA
While much of the negotiating for purchase of a small California business is conducted at arms length, meaning that the principal is not present when his or her offer or counteroffer is presented to the other party, there are times when buyer and seller find themselves at the same table, where they attempt to come to an agreement on a deal. Contributor: Peter Siegel, MBA
A potential small business owner/seller asks the question: I have a preschool and am thinking about selling it but my lease is ending soon. What would be the best thing to do? Do I renew the contract or do I act the landlord to sign a contract to the new buyer? and is it a good time to sell? Contributor: Peter Siegel, MBA
Buying a day care for sale is a dream for many people. Here, you'll learn how to successfully negotiate the purchase of a day care for sale to make that dream a reality. Peter Siegel with BizBen.com covers this topic. Contributor: Peter Siegel, MBA
Imagine having the prestige and excitement enjoyed by the area's small business brokers: What a fun and lucrative profession! You've heard about the terrific benefits, but do you know in reality that the business broker life doesn't always match up with the myths? Some examples of the myths and facts are listed in this blog/article. Contributor: Peter Siegel, MBA
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