Profile: BizBenNetwork Facilitator Manager Jordan Green (at 925-785-2282) explains the crucial role that business wanted to buy postings on BizBenNetwork play in providing buyers with a voice within the small business marketplace. Included are the best practices for advertising a business wanted posting.
Key Words: buying a business, buy a business, selling a business, sell a business, buyer, business buyer, business buyers, business wanted, business wanted to buy, advertising, marketing, jordan green
Profile: Blair Sibley, a business broker in New York, examines the current market conditions within the small business marketplace and provides insight on 7 different trends that may impact the impending sale of small to mid-sized businesses nationwide.
Key Words: buying a business, buy a business, selling a business, sell a business, business valuation, valuing a business, deal structure, blair sibley
Profile: William Bruce, National Business Broker/Intermediary and Valuation Expert from Alabama, explains three important issues that arise when buying or selling a small business of any kind. These issues for business buyers and business owner/sellers include confidentiality, valuation, and financing.
Key Words: buying a business, buy a business, selling a business, sell a business, confidentiality, valuing a business, business valuation, financing, sba loans, loans, business purchase financing, 401k, william bruce
Profile: In a case study involving hundreds of business buyers, owner/sellers, and business brokers, BizBenNetwork Founder Peter Siegel, MBA and BizBenNetwork Facilitator Manager Jordan Green's research determined the most effective strategies for successfully advertising a business for sale posting online.
Key Words: business for sale, business wanted, for sale, wanted to buy, buy a business, buying a business, sell a business, selling a business, business for sale, advertising, advertise, posting, postings, business broker, brokers, business brokers, broker, agent, agents, jordan green
Profile: Buying a business is no easy task. In fact, business buyers are faced with many questions before beginning their search for an existing business for sale. BizBenNetwork Senior Facilitator Manager Jordan Green gives helpful tips for prospective business buyers to start their search on the right foot.
Key Words: buying a business, business buyers, buyer, buyers, buying a small business, absentee, absentee run, pre-qualification, financing, loans, sba loans, deposits, business purchase financing, due diligence, jordan green
Profile: Due diligence is an investigative inquiry into a business that is performed by a potential small business buyer in order to ensure that the business being purchased is everything that has been represented by the business owner/seller. Here are the best practices for performing due diligence.
Key Words: due diligence, buying a business, buyer, buyers, buy a business, attorney, cpa, non-disclosure agreement, tax returns, income statements, due diligence period, balance sheets, cash flow statements, lease, leases, purchase agreement, purchase agreements, assets, liabilities, legal contracts, distribution agreements, risk, risks, lawsuits, due diligence checklist, jordan green
Profile: Determining whether to include the value of a business's inventory in the selling price or add the inventory's value in addition to a business's selling price is an issue that occasionally comes up when negotiating the purchase agreement during a small business transaction.
Key Words: selling a business, buying a business, sell a business, buy a business, purchase agreements, purchase agreement, inventory, inventories, value, valuation, valuing a business, selling price, restaurants, restaurant business, online businesses, ecommerce, goodwill, sales multiples, equipment, jordan green
Profile: Determining a reasonable deposit and appropriate timeline for the various steps involved in a small business transaction can ultimately have a large impact on the sale of a business. BizBenNetwork Manager Jordan Green explains the important role that deposits play in a business’s sale.
Key Words: deposits, escrow, deposit, non-refundable deposit, purchase agreement, attorney, cpa, broker, brokers, buyers, buying a business, due diligence, deal structures, jordan green
Profile: BizBenNetwork Manager Jordan Green provides business buyers with tips for ensuring a smooth transition into business ownership and details ways to successfully approach topics such as training, employees, vendors, and contracts in order to keep business running smoothly after assuming ownership.
Key Words: purchase agreement, training period, training, transition, employees, buying a business, business purchase, purchasing a business, jordan green
Profile: In most business transactions, the seller compensates their business broker upon the successful sale of their business. The fees/commission are specified in the listing agreement, including the amount, who pays it, when it's paid, and the expectations of the broker. BBN's Jordan Green explains.
Key Words: broker, brokers, business broker, business brokers, broker fee, escrow, listing contract, negotiation, business for sale listing, up-front fees, broker cooperation, brokerage, seller, business owner, jordan green