Business Brokers & Small Business Owners In Butte County Sold 3 Small Businesses

BizBen.com -- SAN RAMON, California, December 26, 2005. 3 Butte County businesses were sold by owners of small businesses, business brokers, & real estate agents for the week of December 19, 2005 thru December 25, 2005. Sales of small and mid-sized businesses this past week throughout Northern & Southern California were slow due to the Holidays.

Sales of Butte County businesses during this time period by City include: Chico: 1. Durham: 1. Gridley: 1.

This Week's BizBen.com Tip For Successfully SELLING A Butte 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 Butte County Business:
Keep The Escrow Moving Forward At All Times!
On good businesses for sale there will probably be multiple offers to buy the business - even when it goes into escrow there will be potential buyers who will want to "get in line in case things bog down". You want to make sure you move the process along so that you aren't perceived as getting second thoughts about buying the business! Open communications, setting expectations and keeping things on schedule gets deals to close smoothly.


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

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

For a list of resources for buying and selling businesses in Butte County go to:
www.BizBen.com/resources/butte-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

Business Exchange Network
9110-B Alcosta Blvd, #238
San Ramon, CA 94583
925-830-3447

This release was published on openPR.