Released on = January 9, 2006, 12:17 pm

Press Release Author = Peter Siegel / Business Exchange Network

Industry = Small Business

Press Release Summary = Orange County, California. 23 Orange County business sales
were recorded from small business owners, business brokers, & real estate agents
throughout all of California for the week of January 2, 2006 thru January 8, 2006.
Sales of small and mid-sized businesses this past week picked up after the sluggish
period at the end of last year. Recorded sales should start increasing over the next
several weeks due to business brokers and owners getting back to work.


Press Release Body = Orange County, California. 23 Orange County business sales were
recorded from small business owners, business brokers, & real estate agents
throughout all of California for the week of January 2, 2006 thru January 8, 2006.
Sales of small and mid-sized businesses this past week picked up after the sluggish
period at the end of last year. Recorded sales should start increasing over the next
several weeks due to business brokers and owners getting back to work.

Sales of Orange County businesses during this time period by City include: Anaheim:
1. Brea: 1. Buena Park: 2. Costa Mesa: 2. Garden Grove: 1. Huntington Beach: 1.
Irvine: 2. Lake Forest: 2. Mission Viejo: 2. Orange: 2. San Clemente: 2. San Juan
Capistrano: 1. Tustin: 3. Westminster: 1.

This Week\'s BizBen.com Tip For Successfully SELLING A Orange County Business:
Have All Records Ready Before You Go To Market!
Have these items ready before the business goes on the market to be sold: The last 3
years of federal tax returns for the business being sold, the last 3 years of
financials (profit & loss statement, balance sheet), the last 3 years of monthly
bank statements, copy of current lease, list of all equipment being sold with the
business, etc - many parties during the selling process will need this info -
serious business buyers, your landlord for a new lease for the new buyer, lenders
(for a possible loan/financing for the buyer, note buyback firm (in case you want to
sell the note for cash after the business sells). Also make sure you know what the
correct Adjusted Net income has been for the last 3 years. Serious business buyers
will want to know this. Adjusted Net income is: Net Income + Owners Salary +
Depreciation + Interest Expenses + Other Business Expenses Written Off (Deducted)
That May Not Necessarily Be Business Expenses To The New Owner Of The Business.


This Week\'s BizBen.com Tip For Successfully BUYING A Orange County Business:
Get The Signed Purchase Agreement Into Escrow
Get the signed purchase agreement into escrow immediately (there is a list of
excellent Escrow Companies throughout California at www.bizben.com/resources) and
sign off any contingencies as they are removed- remember TIME KILLS DEALS. Make sure
you go through the Allocation of Purchase Price in the beginning of the escrow
process not at the end which happens most of the time. By getting into the escrow
process usually takes the deal out of play and out of reach for other potential
buyers.


For all ACTIVE businesses for sale in Orange County go to:
www.BizBen.com/listings/orange-county.php

For a complete list of professional business brokers and agents in Orange County go to:
www.BizBen.com/brokers/orange-county.php

For a list of resources for buying and selling businesses in Orange County go to:
www.BizBen.com/resources/orange-county.php

For all workshops this month on the topic of selling and buying a business go to:
www.BizBen.com/workshops

Blog on buying and selling businesses - see the latest topics, events, & info at:
www.USABizMart.com/blog


Peter Siegel, MBA the founder of both BizBen.com and USABizMart.com has been keeping
stats of California business sales for over 7 years. Mr. Siegel has written 3 books
on the topic of selling and buying businesses and is the author of a highly visited
blog on this topic. Mr. Siegel also writes a daily blog on the topic of selling and
buying businesses at www.USABizMart.com/blog. Established over 10 years BizBen.com /
California Businesses For Sale is the largest \"clearinghouse\" of businesses for sale
in all counties of California. On average over 80 new California small to mid-sized
businesses for sale are listed daily on their website at www.BizBen.com.

Contact Information:

BizBen.com
800-572-7260
http://www.BizBen.com



Web Site = http://www.bizben.com

Contact Details = 9110-B Alcosta Blvd, #238
San Ramon, CA 94583
925-830-3447
dataforpeter@hotmail.com