Before you buy a dry cleaners small business, read these critical tips about this industry. Discover why a dry cleaner needs to be "green" to be profitable. Peter Siegel, MBA (BizBen ProBuy, ProSell Program Advisor) explores this topic and other helpful strategies on buying a dry cleaning store. Contributor: Peter Siegel, MBA
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
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
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
When investing in a laundry business, there are two methods. One is preferred, but the other is far more common. If you are considering entering into a new industry, like most now entering the laundry industry, you want to have a good understanding of both opportunities. Chuck Post explores both. Contributor: Chuck Post
Chuck Post, a leading laundry expert with over 37 years of developing laundries, retooling, and rebranding hundreds of existing laundries, tells investors how to search, find, evaluate, and do good laundry due diligence laundries for acquisition. A must read for new investors & current operators. Contributor: Chuck Post
Business brokerage services in Northern California. Specializing in gas stations, car washes, and liquor stores.
Member of CABB/IBBA, these professional organizations provide us with many analytical tools to help guide us in the evaluation process of your business.
A BizBen blog reader emailed me this question: "I am starting due diligence this week on buying a cocktail bar With a 48 license what should I be asking for, thinking about, watching out for? Is there a list of items I should ask for?" Peter Siegel with BizBen answers this question. Contributor: Peter Siegel, MBA
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