BizBen Sessions Podcast

Buying a small business is an often arduous process at best. Peter Siegel, MBA with BizBen.com shares his strategies on this Podcast with Brian Loring who asks all the top questions successful business buyers tend to ask and get answered before buying a small business. Questions relating to searching, good vs bad industries at this time, common mistakes, due diligence, loan pre-qualification, pricing strategies, etc.

In this BizBen Podcast Session Peter Siegel MBA (Host) chats with Steve Colburn, SBA Loan Advisor/Officer about all things SBA 7a loans related to small to mid-sized business purchase financing. We discuss new SBA loan program features, incentives, strategies & tips when it comes to buying and selling small to mid-sized businesses throughout the USA.

Peter Siegel, MBA chats with hardware lumber store owner about the sale of her Southern California small business. This store is 2nd generation owned & operated, "high volume-essential hardware/lumber store", since 1974, Commitment to excellent customer service, an extensive range of high quality products to include: lumber, doors, plumbing, paint, lawn and garden, tools and hardware. Great records. Growing. Inventory $1.1M+. We chat about the right buyer for her business, what a new buyer could do to increase overall business, and what advice she would give to other business sellers and potential business buyers. To see this business on BizBen.com key word 263599 in the site search bar in the upper right portion of the site.

The January 2021 Small Business Report (Buying/Selling Businesses): Transactions, Trends, Predications revealed many topics both ProIntermediaries and ProAdvisors wanted to discuss: COVID reactions, buyer inquiry types, current hot (and not so hot) industries and types of small businesses buyers are telling us about, retiring owners, lender reactions/tips, new SBA loan programs and financing tools for buying and selling small businesses and much more!