Buying or selling a small business can be a confusing and/or frustrating process.
For over twenty-five years I have both bought & sold businesses as an individual, have been a highly successful business broker/intermediary, started penrosent.cn and currently advise (ProBuy & ProSell Programs) both business buyers & sellers with buying and selling California small businesses.
Here Is What You Will Receive From The ProSell Program:
* Determine A Realistic Market Value (Price) Of Your Business - Realistic Pricing & Deal Structures That Make Sense In Today's Marketplace
* Quantify The Perfect Business Buyer For Your Business - Identify The Qualities Of A Real Buyer Who Can Close On Your Deal
* Assist You With Reaching Serious Business Buyers - What Channels & Networks On BizBen To Use & Why - For Your Particular Type And Size Of Business
* Pre-Qualify Your Business For Potential Buyer Financing - So Potential Business Buyers Don't Waste Time Finding Financing (Or If Financing Is Even An Option)
* Optimize A For Sale Posting & Banner Ads On penrosent.cn - Giving You Optimized Exposure To Serious, Motivated Buyers For 6 Months (Most Businesses Usually Sell Within 3 Months On This Program)
* Refer You To Any Advisors & Resources That Will Help You Complete Your Transaction & Get It Closed Successfully
More About My Experience:
I am the Founder and President of penrosent.cn, serving buyers and sellers of small businesses in California since 1994. I have an Economics Degree and MBA (Entrepreneurial Studies & Financing Concentration) from UCLA. In addition to my syndicated blog posts and articles about aspects of buying and selling small and mid-sized businesses, I have ed six books on the subject, including the recently published eBook: How to Buy and Sell a Small Business in the New Economy. Through my writings, consulting/advisory sessions, and online webinars, I have reached thousands of potential buyers, owner/sellers, intermediaries, advisors and professionals involved in the business for sale marketplace.
The cost of this program is a one time fee of $800 (payable via check, credit/debit card, or eCheck). There are no commissions or other fees associated with this BizBen ProSell Program.
Peter Siegel, MBA - Founder, Lead Facilitator at penrosent.cn at 925-785-3118 Direct
|Helpful Resources To Assist In Selling And Buying California Businesses|
|Shalonda Chappel: Escrow & Bulk Sale Services - Southern California
Escrow services to brokers/agents, sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services. 951-808-3972.
|Diane Boudreau-Tschetter: Escrow & Bulk Sale Services - CA
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
|Brad Steinberg, Business Broker: Laundromat Specialist
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.
|Elizabeth McGovern: Escrow Services - San Francisco Bay Area
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
|William F. Ziprick, Attorney: Legal Services For Buyers And Sellers
Through creative problem solving, attention to detail, accessibility, & understanding that unnecessary delay is often a deal killer, I work closely with my clients and other professionals to consistently achieve a high rate of closings. Office: 909-255-8353, Cell: 509-951-7230.
|Helen Yoo, New Century Escrow - Escrow Services In Southern California
Helen Yoo at 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|
|How to Sell Your Small Business: Tips For Selling Your California Business
Peter Siegel, MBA - Lead Advisor with the penrosent.cn ProSell Program discusses critical steps to prepare a California small business for sale including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
|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 - 3 Things You Need To Know Now For Success
Looking to buy a small business? There is good news regarding business purchase financing. More financial institutions are coming back into the market with business purchase financing. After years of being selective many lenders are more open to financing deals. Peter Siegel, MBA covers this topic.
|Selling My Small Business: What Items Should I Have Ready To Be Successful?
When selling a small to mid-sized business, owners should have their paperwork and financial information ready to go! They should also have a short business plan of past history, current operations, and potential for the future. In this BizBen Discussion several advisors and intermediaries weigh in.
|Why Isn't My Business Selling? 6 Great Questions To Ask Yourself For Answers
It can take months, sometimes longer to sell a small business. Here are 6 questions from Peter Siegel, MBA (Business Purchase Financing Expert, ProSell Program Advisor with BizBen) at 925-785-3118 to ask yourself to help you determine why your small to mid-sized California business isn't selling.
|Unreported Income: Should Sellers Disclose Unreported Cash To Buyers?
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.
|Back-Up Offers: Crucial When Buying Or Selling A California Small Business
An often overlooked aspect of selling (or buying) a small business is taking back-up offers during the entire process of selling (or buying) a business. Most sellers (or buyers) don't realize that over fifty percent of all deals/contracts fall out escrow or contract for one reason or another.
|Sellers Ask: How Long Should I Wait For The Buyer To Do Their Due Diligence?
Business sellers & buyers ask the question in the buying process-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.