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Latest Posts
| How Do You Answer a Buyer’s Concerns Regarding Your Business?
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Any buyer when they’re reviewing your business will have these questions to ask:
What is the business’ growth potential?How can I grow the business?What separates your business from the competition in the marketplace?What are the variables involved in operating the business?How stable is the management and work force in place?Are there pending issues regarding the lease or real estate involved?What type of existing debts and other liabilities are present?Has the business been audit ...
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| Keeping Yourself Open to Buyer Inquiries for Your Business
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All businesses are inquired by a variety of different buyers – some are qualified while others are tire kickers. If you’re a business owner, you may not be thinking of selling right now; however, the time does come when you hit the wall and decide right at the moment that finding a qualified buyer is at the top of your priorities list. So if a buyer walks through the door of your establishment and give you an offer, don’t turn it down first.
Suppose you’re approached b ...
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| Being Aware of Deal Breakers in a Business Sale
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When the time is approaching when the business sale is near, both buyers and sellers can jump the gun, resulting in the situation quickly moving south. Whether it’s an issue with the closing documents being done at escrow, question of funds being transferred, incorrect inventory count or use of goodwill or intellectual property, a deal can abruptly come to a stop if either party isn’t careful.
At VR, we adviseyou on paying attention to every step of the process. There are a fewfac ...
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| Returning Veterans See the Opportunities in Franchising through VetFran Program
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A challenge that many military veterans have when they return from their tours overseas is working their way back into a work force that continues to see high unemployment. However, many were able to see new opportunities recently at the 2012 Franchise Expo South in Miami Beach, Florida.
Many have the leadership and skills necessary to run a business due to their military experience, and have discovered that franchising is a great opportunity to be their own boss. Thousands of veterans have bee ...
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| Remembering Assets in a Business Valuation
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Did you know that a business' assets are an important piece to a business valuation? Most people involved in selling their business underestimate the importance of the fair market value of their assets. Relying solely on book value or your best estimate will cost you a lot of money left on the table. In order to perform an accurate valuation for your business, you have to examine the value of its assets.
When discussing hard assets, there are various categories such as:
Furnitur ...
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