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How Many Listings Is Too Many For Brokers
How Many Listings Is Too Many For One Broker To Handle?
In this short BizBen Podcast & Vlog, we talk about how many listings is too many for one business broker to handle at one time. Is it 5 is it 20? I recently had a coaching call with one of my BizBen broker clients who asked that question this week. There are many factors that go into the answer.  By Peter Siegel, MBA   View All Peter Siegel, MBA Videos
First Impressions Selling Your Business
Don't Make A Bad First Impression When Selling Your Business
First impressions are important in all aspects of life. Whether you are selling a car, home or business, the first impression can make or break a deal. Making sure your business is clean, well organized and that your financials are in proper order can help you in your quest to sell your business.  By Peter Siegel, MBA   View All Peter Siegel, MBA Videos
Month To Month Leases Selling A Business
Problems With Month to Month Leases When Selling A Business
When you are selling a business your lease is a very important issue. In certain situations it can be a problem, but in others it can actually help facilitate the sale. In this video both situation and outcomes are discussed.  By Peter Siegel, MBA   View All Peter Siegel, MBA Videos
Better Financial Statements When Selling
Tricks To Creating Better Financial Statements When Selling A Business
If your financial statements are a mess it makes your job of selling your business that much harder. Potential buyers dig much deeper than just the bottom line. If your numbers are sloppy or don't make sense potential buyers may not trust them and decide to find a better opportunity.  By Peter Siegel, MBA   View All Peter Siegel, MBA Videos
Unreported Income Selling A Business
Disclosing Unreported Income When Selling A Business
When selling a business some owners think it is to their benefit to disclose to potential buyers that they are hiding additional income from the taxing authorities. However, experts disagree and say that disclosing this information may actual hurt your chances of selling your business.  By Peter Siegel, MBA   View All Peter Siegel, MBA Videos
Errors When Selling A Business
Avoid These Errors When Selling A Business
The biggest mistake sellers make is not being truthful. Most buyers are going to dig a little deeper into all of their initial questions. If they discover the seller was less than truthful about the business, most buyers will walk away.  By Peter Siegel, MBA   View All Peter Siegel, MBA Videos
Beware These 6 Possible Seller Lies
Beware Of These 6 Possible Seller Lies
When buying a business you really need to do your due diligence and be skeptical of owner claims. In this video, we go over six possible lies or untruths, that you may hear from a seller.  By Peter Siegel, MBA   View All Peter Siegel, MBA Videos
Working With The ABC In California
Working With The ABC Does Not Have To Be Difficult
Working with any government agency is never a cakewalk, but it also doesn't have to be as difficult as some make it out to be. Working with the ABC can go much smoother if you follow the tips in this video.  By Peter Siegel, MBA   View All Peter Siegel, MBA Videos
Buying An Absentee Run Business
The Truth About Buying An Absentee Run Business
Buying an absentee business probably sounds too good to be true. And sometimes it is. But in some situations, they can be a great source of extra income. In this video, we discuss the Pro's and Con's of buying an absentee run business.  By Peter Siegel, MBA   View All Peter Siegel, MBA Videos
LOIs vs Purchase Agreements Buying A Business
Webinar: Letters Of Intent vs Purchase Agreements
Host, Peter Siegel, MBA (with BizBen) and Co-Presenter Mark Chatow (Attorney representing both California Owner/Sellers and Business Buyers) discuss the differences between LOI's and Purchase Agreements: What should they have included, how long should they be, which is better to use when, etc.  By Peter Siegel, MBA   View All Peter Siegel, MBA Videos
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  Helpful Resources To Assist In Selling And Buying California Businesses
Brad Steinberg, Broker - Laundromat Specialists

PWS is the leading laundromat broker in California. Since 1968 PWS has brokered over 2,500 laundromat sales. With over 90 employees dedicated to the coin laundry industry, PWS has 18 licensed agents, a 3 person in-house finance department, 10 service technicians and a 20 person parts department.

Larry Larsen, Broker, Laundry Specialist - Orange, LA Counties

I have over forty years of experience in the sales, ownership, management, and construction of coin laundries. He is a licensed broker active in the sale of coin laundries, a licensed insurance agent specializing in coin laundry insurance.

Chris Seaman, Business Broker - San Diego County Area

Founded in 1994, First Choice Business Brokers has accelerated to become one of the most successful Business Sales Organizations in the world. Our team of agents have gone through extensive training to become experts in the field of business brokerage. Call Chris at 858-578-4111 for more info.

Steve Zimmerman: Restaurant Broker Specialist

Steve founded Restaurant Realty in 1996. He has personally sold/leased over 900 restaurants, bars & clubs, & completed over 3000 valuations. The author of "Restaurant Dealmaker - An Insider's Trade Secrets For Buying a Restaurant, Bar or Club" available on Amazon. Reach Steve direct at 415-945-9701.

Rob Hartman: Business Broker, SF Bay Area

Business brokerage services in the SF Bay Area. I bring skill, integrity and energy to all of my clients and our projects. I'm accustomed to working with a wide variety of clients and their businesses; large or small, simple or highly complex. Get a free consultation by phoning 650-279-3097.

Ralph Santos, Business Broker Specialist - Health Care Related Businesses

Using my MBA and my perseverance I will make things happen! I provide business brokerage niche services specializing in the hospice and home health care agency industry in the Los Angeles County or Ventura County areas. For either buying or selling assistance please phone or email me today.

Ryan Clark, Business Broker, Southern California

The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups. Phone Ryan at 310-652-8353.

Helen Yoo: Escrow & Bulk Sale Services - Southern California

New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
Podcast/Vlog: Business Purchase Financing Chat: SBA Loan, Non SBA Financing

Ever wonder what is involved in obtaining business purchase financing to buy a business or franchise? Peter Siegel, MBA who has over 20 years advising and obtaining all types of financing for business buyers in this video/podcast - SBA loans, Non-SBA Financing, Alternative Financing Sources.

6 Simple Things To Increase Business Value Before Offering It For Sale

How do you value a small business before putting it on the market? Tim Cunha, JD offers 6 items all business owners should consider. Other advisors and business brokers also weigh in on this very important topic especially when over 70% of small businesses never end up selling (due to pricing).

Financing The Purchase Of A Frozen Self-Serv Yogurt Shop - Tips For Buyers

Financing a frozen self-serv yogurt shop for can be challenging. Here, you'll learn the real scoop behind financing a yogurt shop purchase to help it be profitable from the start. Peter Siegel at BizBen.com

Is There Such A Thing As Paying Too Little When Buying A Small Business?

We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.

Laundromat Business Valuations: Could Buyers Of Laundries Be Overpaying?

Chuck Post (laundry buyer rep, consultant, due-diligence expert) discusses the factors of appraising laundries. Why such high purchase prices is baffling - many times the value is so misunderstood that it results in laundry buyers over-paying for a laundromat. Reach Chuck direct at 619-227-5711.

Broker Explains Allocation Of The Purchase Price When Selling A Business

There are a handful of key asset categories in allocating or breaking down the purchase price allocation of a California business sale. Allocation is required to complete the transaction. In this blog post Lee Petsas (Orange County Business Broker) at 714-363-0440 covers asset allocation classes.

Before Buying A California Business, 10 Questions You Should Ask Yourself

Before buying a business, all serious business buyers should ask themselves some key questions about possible buying a small California business, franchise, or opportunity - from Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program Advisor with BizBen) at 925-785-3118.

Buying A Laundry: Coin Operated Laundromat Or Card Operated Laundromat?

More and more we see "Coinless Laundries". Anyone in the business or entering the business will face the age old question; Coin or Card? Well, perhaps it's not an age old question, but it is a question worth considering. Steve Erlinger (Laundry Broker & Consultant at 949-500-5893) explains.

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