Willard Michlin - Articles

 (158)

Professional Experience Real Estate Experience REAL ESTATE INVESTMENTS, INC., KISMET MORTGAGE CO., (1975 to Present) Responsible Real Estate Broker for firm Real Estate and Financial Distress Consultant Investor/Purchaser of over 200 properties in foreclosure. Handled properties, which ranged from $50,000 to $2,500,000. Originated and marketed Second Trust Deeds Commercial Real Estate Brokerage Business Brokerage/Mergers & Acquisitions Experience KISMET BUSINESS BROKERS (1994 to Present.) Brokerage of Small and Medium Size Businesses Auto Body Shop Specialist -The #1 Brokerage in the World for Auto Body Shops) Automotive Businesses-Auto Salvage, Auto Repair, Tire Stores, Transmission Shops, & Quick Lube Expert Witness for Automotive Business Valuations Restaurant Specialist Business Byers Services: Due Diligence and Financial Analysis for Business Buyers. Other Related Experience Builder/Developer - Houses, Condominiums, and Apartment Buildings, 1977-1987 Marketing Consultant-Printing Brokerage & Mailing Services Public Speaking Real Estate Talk Show Host, KMNY, 1988, Weekly one hour show. Real Estate Guest on Mid Morning L.A. Multiple Cable TV Show appearances. Candidate for 43rd State Assembly District 1993, 1994, 1996 Candidate for 37th State Assembly District- 2000 Business Lectures with over 30 public appearances Lectures for SCORE - A Non Profit Organization to help small business people Junior Achievement Lecturer to High School Classes with over 20 lectures Paid Seminars on Sales to Pride Automotive, Paul's Golden Hammer, Expo Auto Body, Professional Sales Trainer Series of 10 lectures on Buying Foreclosures 2000 – 2006 Featured Speaker at California Association of Business Brokers, 2007 on Appraising Businesses Educational Degrees California Licensed Real Estate Broker #00532830 BA, Business Administration, California State University, Los Angeles Graduate Work, University of Southern California Passed Certified Public Accountant Exam Degree in Business Consulting from Hubbard Collage of Administration Professional Associations California Association of Business Brokers International Business Brokers Association Rotary Club of Moorpark Building Industry Association of Southern California- Local Chapter President, 1980-81 Mortgage Brokers Association of California. Toastmasters International- Local Chapter President 1995, putting it in 11th place in the World National Association of Realtors California Association of Realtors Professional Consultants Association California Avocado Society California Certified Organic Farmers-Local Chapter VP 2000-01 Published Articles Body Shop-How to appraise Body Shop-Is this a good time to sell? What to look at when buying a body shop Business Brokering – An overview Business Brokering – Why Kismet? Buying A Business Closing escrow on business buying Closing escrow on business selling Due Diligence – What you don’t know can kill you! Finding a business Finding the right broker to sell your business How to appraise a business How is the value of a business worked out? If you don’t ask, the answer is always NO Liquidated damages – What is it? Sanity check – Buying a business Selling a business Why non-disclosures?

Sort By: Date | Popularity

Popularity
53

How to Appraise a Business
There are many different ways to work out the value of a business. For the small to mid-size business, there are 3 main approaches that are used more than others. These are the Income value, Market value and the Asset value. Read
By: Willard Michlin | 27/07/2007 | Business
Popularity
50

Sanity Check - Buying a Business
In the business broker community there is a review process that helps a buyer determine if a business purchase makes sense or not. This check can be done by a Fortune 500 company where everything is figured down to the penny and takes 1000 hours of research or it can be done by a small main street shop buyer who figures it out in 1 hour. Each item in this review process requires a decision. This decision can be based on extensive research or just on a reasonable guess. Read
By: Willard Michlin | 27/07/2007 | Business
Popularity
54

Buying a Business - the Basics
Buying a business in today’s economic climate requires that you, the buyer, be on the ball, with regard to business basics. This economic climate, as far as businesses are concerned, is a sellers market. Read
By: Willard Michlin | 27/07/2007 | Business