Avoiding the obvious mistakes when selling a small business is important if you want to sell your business. Peter Siegel, Director of BizBen and the BizBen ProSell Program discusses what fatal mistakes business owners should avoid when selling their small to mid-sized California business. Contributor: Peter Siegel, MBA
One of the most difficult challenges when purchasing a small business is expressed by this prospective buyer of a liquor store who is told by the seller that there is more money being made than shows up on the books. Should the buyer accept that statement by the seller & go ahead with the purchase? Contributor: Peter Siegel, MBA
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic. Contributor: Peter Siegel, MBA
First, we must define, who are the Millennials? The exact years are up for debate, but Millennials were born during approximately between 1981-1986, which today would be between 22 and 37 years of age. Joe Ranieri looks at what these buyers are looking for and what qualities they seek in businesses. Contributor: Joe Ranieri
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that will affect the decision. Contributor: Peter Siegel, MBA
Recognizing that 70% of the California small and mid-market-sized businesses offered to buyers are never sold, and that some of the obvious reasons - over-pricing, inadequate records, insufficient lease - have been discussed in detail, it might be useful to point out lesser known problems. Contributor: Peter Siegel, MBA
Our primary goal is to make the sales process as "painless" as possible for buyers and sellers. We discreetly and effectively match buyers and sellers in companies with revenues of $500K-$20M in business service, personal service, manufacturing, distribution, retail, food, and automotive.
Parallel Advisors is an independent wealth management firm headquartered in SF. We combine our wealth advisors and in-house CPAs to provide in-depth tax, investment, & wealth planning for our clients when dealing with a life transition, the sale of a business, retirement, or a liquidity event.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one. Contributor: Peter Siegel, MBA
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
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