California Business Brokers and Small Business Owners Sold 2 Businesses for Sale in Tehama County
Released on = January 5, 2006, 3:07 pm
Press Release Author = Peter Siegel / Business Exchange Network
Industry = Small Business
Press Release Summary = Tehama County, California. 2 Tehama County businesses were sold by owners of small businesses, business brokers, & real estate agents throughout Northern and Southern California for the week of December 26, 2005 thru January 1, 2006. Sales of small and mid-sized businesses this past week throughout Northern & Southern California are still slow due to the Holidays and the New Years vacation.
Press Release Body = Tehama County, California. 2 Tehama County businesses were sold by owners of small businesses, business brokers, & real estate agents throughout Northern and Southern California for the week of December 26, 2005 thru January 1, 2006. Sales of small and mid-sized businesses this past week throughout Northern & Southern California are still slow due to the Holidays and the New Years vacation.
Sales of Tehama County businesses during this time period by City include: Corning: 2.
This Week\'s BizBen.com Tip For Successfully SELLING A Tehama 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 Tehama County Business: Know The Types/Sizes/Locations Of Businesses You Want To Buy Before you start calling/contacting business brokers and agents make sure you know what types, sizes, and locations of businesses you are looking to buy. If you seem uncertain about this to brokers and agents they will not spend a lot of time with you. There are many more buyers than sellers on the market and brokers/agents like to work with buyers, who are serious, motivated, and know what they are looking for.
For all ACTIVE businesses for sale in Tehama County go to: www.BizBen.com/listings/tehama-county.php
For a complete list of professional business brokers and agents in Tehama County go to: www.BizBen.com/brokers/tehama-county.php
For a list of resources for buying and selling businesses in Tehama County go to: www.BizBen.com/resources/tehama-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.
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