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Comments & Replies: 10     Views: 115242
Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor
Was just asked the question from a business owner what the "typical commission" amount is for a broker and if upfront fees are common? Thought this might be a great Discussion topic on BizBen for both business owner/sellers and potentially for business buyers (buyer representation).
Comments & Replies: 1     Views: 3355
Posted By: Broker/Consultant: Elderly Care Services
When buying an Elderly Care Home what should potential buyers always ask the broker or owner before proceeding? Find out in this Discussion on BizBen. Items buyers of elderly care homes will want to know more about why the seller is moving on, average length of stay, placement fees paid, etc.
Comments & Replies: 2     Views: 11231
Posted By: Peter Siegel MBA: Business Purchase Financing Advisor
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
Comments & Replies: 3     Views: 4626
Posted By: Broker/Consultant: Elderly Care Services
50% of all California small business for sale transactions fail to complete. Why do businesses for sale fall out of escrow? Joel Miller (a senior care business specialist) discusses his 5 top reason why businesses fall out escrow along with other brokers, advisors on this BizBen Discussion.
Comments & Replies: 3     Views: 7726
Posted By: Joe Ranieri, Business Broker: LA, Orange Counties
Every business broker knows that a listing taken is not a listing sold, in fact the ratio of listed vs. sold could be discouraging if you really thought about it. Joe Ranieri (Orange County Business Broker) discusses what you should do if you finally have to close the doors and call it quits.

Restaurant Workshop Cheryl Maloney

Comments & Replies: 14     Views: 16435
Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor
Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.
Comments & Replies: 2     Views: 8403
Posted By: Peter Siegel MBA: Business Purchase Financing Advisor
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
Comments & Replies: 3     Views: 2609
Posted By: Broker/Consultant: Elderly Care Services
Is an As-Is sale of a small business achievable by owners when selling a business? Brokers and agents hear this all the time from sellers when procuring listings. Joel Miller (a Southern California Senior Care Services Intermediary) discusses this topic with others on this BizBen Discussion.
Comments & Replies: 4     Views: 9397
Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor
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.
Comments & Replies: 9     Views: 18878
Posted By: Peter Siegel MBA: BizBen Founder, Lead Advisor
Business buyers many times ask in my ProBuy consulting sessions - how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.

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Steve Erlinger Laundromat Broker

Helpful Resources To Assist In Selling And Buying California Businesses
Norman Kim, Business Broker: LA, Orange Counties, Inland Empire

I am currently specializing in Orange, Riverside and San Bernardino County. Mainly focusing on retail business listings. Specifically, specializing in gas stations, liquor stores, beer & wine markets, coin laundries, and car washes.

Bob Brooks, Business Broker: San Francisco Bay Area

Selling These Types Of Businesses: Auto Related, Liquor Stores, Markets, Restaurant Related, Retail Related, Service Related; In These Counties: Santa Clara County.

Aron Culver, Business Broker: Sacramento Area

Sixteen years full-time Seller and Buyer representation and advisory services throughout California. Complete Acquisition Services including: Consultation, Evaluation/Appraisal, Marketing, Finance Placement, Negotiations, Deal Management, Deal Structuring, Due Diligence, Third Party Intermediary ...

Sofia Fong, Business Broker - SF Bay Area - Restaurants, Retail

Evergreen Hills Realty Is A Commercial Property And Business Brokerage Firm. In Addition To Commercial Property Brokerage And Investment, Our Main Focus Is In Selling And Buying Privately Held Small To Mid-Size Companies And Businesses. Over The Years, We Have Sold All Kinds Of Businesses.

Nabil Wakileh, Business Broker: San Francisco Bay Area

Business brokerage services in the San Francisco Bay area.

Peter Siegel MBA, BizBen Founder, ProBuy, ProSell, ProIntermediary Programs

Founder Of BizBen.com (since 1994). I am the Lead Advisor for the ProSell, ProBuy, & ProIntermediary Programs. I consult daily with buyers, sellers, and brokers daily about buying and selling California small to mid-sized businesses. Call 925-785-3118.

Helen Yoo, New Century Escrow - Escrow Services In 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.

Sharon Hills, Business Broker: Santa Barbara County

Santa Barbara Business Brokers Is A Full-Service Business Transfer And Consulting Service. Our Business Sales Portfolio Spans A Wide Range Of Business Models, From The Restaurant / Night Club Industry, Coffee, Flower And Other Retail Concepts, To Salons, Spas And Other Service Businesses.


Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
Can A Business Seller Back Out Of Escrow If They Simply Change Their Mind?

Can a seller of a small business back out of an ongoing escrow? Probably, yes, it all depends how far along the escrow is, which will dictate how messy things will get for both owner & buyer. Joe Ranieri (Southern California Business Broker) gives his feedback with others on this BizBen Discussion.

What Are Some Tips On Buying A Butcher Shop, Meat Market? Broker Gives Tips

Butcher shops, once a vestige, are increasingly becoming popular again in many metropolitan and suburban cities. In this Discussion Post on BizBen, Joe Ranieri (Orange County & LA County Business Broker) discusses various issues of buying a butcher shop and what that entails for business buyers.

What Are Some Of The Best Tips On Buying An Existing Bakery Small Business?

Bakeries service all occasions from weddings, birthdays, retirement, and a whole host of other special occasions. Many bakeries do a brisk retail business, but really make their money in catering. Joe Ranieri a Southern California Business Broker looks at the top tips when trying to sell a bakery.

Buyer Asks: Is Buying A Service Based Business A Good Choice These Days?

I've been selling businesses a long time & I get many calls from buyers who are open to buying something but aren't sure what would be a good investment. I'll get asked what I would buy if I was them and my answer is always the same, "a service business". Business broker Chris Lazurik explains.

Buyer Asks: Seller Doesn't Have Recent Financial Figures: What Should I Do?

The owner selling the business doesn't have recent financial information or documentation but insists revenues are increasing. Should buyers believe the seller? What should buyers do in this situation? ProIntermediaries on BizBen answer the question of verifying seller / owner's financial claims.

Business Purchase Financing Help - Expert Tips For Faster SBA Loan Approvals

Business purchase financing advisor Peter Siegel, MBA shares his views on SBA loan financing. He explains the nuances of the SBA loan process when considering business purchase financing or getting pre-qualified. Reach Peter Siegel, MBA direct at 925-785-3118 regarding SBA & Non SBA Loan Financing.

Buyer Beware: Does A Company's Culture Effect The Sale Of A Small Business?

When purchasing a small to mid-sized CA business, there are a many items to evaluate. One area that is often overlooked is the business's office culture. Peter Siegel, MBA with BizBen discusses with business buyers the importance of understanding how the business "feels" on a day-to-day basis.

How To Buy A Vending Route: Multiple Tips For Vending Route Business Buyers

Some business buyers think they might like to buy a vending business but have heard negative things about the industry & aren't aware of important facts about this type of business. Here are some guidelines by Peter Siegel, MBA (Vending Route Financing Expert) at 925-785-3118 to help buyers.

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