About This Blog
 |
Peter Siegel, MBA is a nationally known consultant and author - with over 25 years experience on the topic of selling, buying, and niche financing (the purchase of), small to mid-sized businesses. His clients include: business buyers, business owners/sellers, small business advisors, and business brokers. |
|
This Blog contains observations, tips, news, events, and case studies relating to selling or buying a small business. |
|
This Blog is ideal for business buyers, business owners, advisors, business brokers & agents. |
Contact Me
|
Contact me by phone
at 866-270-6278 |
Categories
Disclaimer
|
Opinions expressed on this site do not necessarily represent those of BizBen. |
|
Opinions expressed here do not constitute legal advice. Those interested in specific guidance for legal matters should seek competent professional advice. |
|
|
6/18/08
Good Management Beats A Good Location
People who know me know my opinion about what it takes to be successful in the restaurant business - and it’s not just a good location. What makes a difference time and time again is the difference in management. Good management is the key to success. Every time you hear its Location Location Location, I say it’s Execution Execution Execution!
|
6/17/08
Upcoming SBA Loan Changes For Business Purchases
The SBA is making major changes to their SOP (Standard Operating Procedure) that guide lenders that use the SBA'a 7(a) and 504 program. I have focused on a few that impact business buyers, sellers, and business brokers that will go into effect on August 1, 2008.
|
6/15/08
Is Now A Good Time To Sell My Business?
Lately, this has become a very common question I receive from owners considering selling their business. I’m sure their initial concerns are about timing the sale with an increase in the overall climate of the business sales market.
|
6/10/08
How Escrow Protects You In A Business Transaction
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?
|
6/6/08
When Do I Tell My Employees The Business Is Being Sold?
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.
|
6/4/08
Confidentiality: Why It's So Important In The Deal
Greg Carpenter a business broker with Business Team submitted this information on why confidentiality is so important to all parties in a transaction. Too many buyers, brokers, agents don't realize how important this aspect is to getting a deal done without damage!
|
5/30/08
How To Get Business Brokers To Return Your Call
Rodd Feingold of VR Business Brokers recently wrote an article for BizBen explaining one of the top reasons business buyers may not get a return phone call from business brokers and agents is because of their approach. Read more about what Rodd has to say about how to get business brokers to return your call!
|
6/20/07
Buying A Business - Paying California State Sales Tax
Do I have to pay California State Sales Tax if I purchase a business? I am turning this one over to a BizBen Blog Contributor - Joe Robertson, President of Southern California Business Brokers - to answer this question for this reader.
|
6/19/07
Taking Possession Of Business Prior To Escrow Closing
Is there a way to take possession of the business prior to closing escrow? I am turning this one over to a BizBen Blog Contributor - Mel Jones at Paramount Restaurant Brokers, Inc. - to answer this question for my readers.
|
|
|
