In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective. Contributor: Tim Cunha, JD
Knowing how to advertise a business for sale without revealing too much is an important skill for anyone who wants to find a buyer for a small or mid-sized California business at a good price. One caution about giving too much detail is that it might identify the company and ruin confidentiality. Contributor: Peter Siegel, MBA
A problem owners encounter when offering a California business for sale is that not all so-called buyers are qualified to make the purchase. It's frustrating and costly to waste time showing non-qualified buyers the business. Here are ways to identify time wasters so the focus is on real buyers. Contributor: Peter Siegel, MBA
I am a forty year veteran of “working with small business”. I have owned and operated several small businesses in the past. Our services include, selling, valuing, franchising, and consulting with small to medium size businesses. I service these states: Michigan, Florida, and Hawaii.
Liquor License Broker for large and small clients alike. Service all of California, on and off sale licenses. Have Escrow and consulting services available in-house. Professional attitude and honest work ethic. Call Michael Lemons at 949-315-7892.
Business brokerage services for over 40 years specializing in pool routes and related businesses throughout California.
Entrepreneurs who think they want to buy a towing business need to have some idea of what to look for when examining businesses for sale in this industry. The assets, including tow trucks and perhaps the property where towed vehicles are stored, determine much of the value of this kind of company. Contributor: Peter Siegel, MBA
Selling Truck Stops, Gas Stations, Restaurants throughout Northern California.
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures. Contributor: Peter Siegel, MBA
Showing your business when selling is one of the most important steps in the sale process & how it is done will greatly affect the selling price. There are two areas to be concerned with, how the business looks & how you react to the prospective buyer. Contributor: Peter Siegel, MBA
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