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
Joe Loredo a licensed California Business Broker formerly with Business Opportunities Unlimited for 11 years, provides Business & Corporation sales for San Diego County
x10 Ventures empowers business buyers with a suite of support services designed to help them close confidently on qualified businesses with a strategic plan designed to hyper-charge their return on investment in the crucial first 90 days of business ownership.
Specializing in assisting those selling and buying restaurants in Southern California.
To understand the pros and cons of diverting funds from your retirement funds towards the purchase of a business, it is first necessary to brush up on some investment basics. Before approaching the issue of using retirement funds to buy a business, let's take a quick look at stocks and bonds. Contributor: Peter Siegel, MBA
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree. Contributor: Peter Siegel, MBA
Pacific Reliance Business Brokers is a business intermediary firm specializing in the marketing and sales of medical sector businesses with annual revenues between $1M-$20M. Our listings include medical, dental and veterinary practices, urgent care centers, medical spas, pharmacies, labs, suppliers.
Despite challenges in the business for sale marketplace, some of the brokers who make a living by facilitating a deal between buyer and seller are known to stand in the way of a completed transaction because of some outdated ideas. Too bad they put greed ahead of the needs of their clients. Contributor: Peter Siegel, MBA
In dealing with business sales, often times the Seller or the Buyer will ask about the use of an escrow company. The seller may say, Why can't the buyer just pay me cash or give me a cashier's check? This blog post covers why utilizing an escrow service is so important in selling a small business. 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
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