The only thing worse than no professional
support is the wrong professional support. Ask these questions to secure the
Selling a business on your
own to save money is often a false economy, but hiring the wrong business broker is arguably even worse.
If you are to avoid
appointing a broker who is unscrupu ... Read More>>
... Read More>>
Recently, VR Business Brokers / Mergers and Acquisitions was featured in "Franchising Today - The leading source for today's franchising executives, owners, investors, and entrepreneurs." Below are some excerpts from the article.
VR doesn’t believe in expanding just to expand; it prides itself a ... Read More>>
decided you want to be your own boss, next you have to choose not just your
sector but whether you start a business from scratch, buy an established
independent business or buy a franchise.
option has its own merits and drawbacks and which one suits you depends on your
personal attributes and what you want ... Read More>>
Below are the winners of the 3rd Quarter Awards. We commend all of our Business Brokers, Office Owners and support staff on an outstanding quarter.
We are so fortunate to have a team with the desire and dedication for achieving success. We would like to congratulate you all on a job well done and we wish ... Read More>>
We often get the question from those wishing to become a business broker: Do I need to have a license? And the answer is yes and no. First, there is no such thing as a "Business Broker License". However many States and Provinces do require a real estate license to facilitate the selling of a business. Below is a lis ... Read More>>
From a lack
of preparation to proceeding without the help of a business broker, these are
some of the most common mistakes made by sellers.
Selling a business for a satisfactory return and within your preferred
timescale can be a challenging prospect. Attracting buyers requires
a focused approach, careful groundwork a ... Read More>>
All business brokers need a back-office
function to deliver whatever the business needs at any particular time. This means
that some business people invest in more capacity than they actually need, so
that their firm is not overrun at peak times.
However, working efficiently means
cutting away excess resource so that th ... Read More>>
When you hear the word “Counterfeit”, most people instantly
think of someone printing money and trying to pass it off as the real
thing. In the franchise world a
Counterfeiter is someone who has taken your registered trademarks and changed
them ever so slightly with the intent to trade off your good ... Read More>>
... Read More>>
Selling your business is never going to be an easy process. It’ll
take longer than you expect, and could be more complicated than you anticipate.
However, if done correctly, it can set you up financially for the
next step in your life – whether that’s retirement, another business venture or
something els ... Read More>>
Duane Merchant, CFP®
How to ARM Your Key Employees for Success
business owners would love to have employees who are as passionate about the
company as they are. It makes sense: The future of a closely-held or family
business depends on how securely its select employees are tied to it. But
creating ... Read More>>
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