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Latest Posts
| 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 fewfacto ...
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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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| Understanding Intellectual Capital in a Business
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Intellectual capital (IC) is just that: a capital asset consisting of intellectual material. As such, it is one of three forms of capital:
Financial capital;Tangible or fixed assets, which include land, buildings, machinery, and other long-lived equipment; andKnowledge.
To be considered intellectual capital, knowledge must be an asset – able to be used to create wealth. Thus Intellectual Capital includes:
The talents and skills of individuals and groups;Technological and social networ ...
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| The Importance of Networking
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With the arrival of 2012, it’s important to reach out to new potential buyers and sellers in the marketplace and marketspace. Regardless of whether you’re in a small and large market, being part of your local chamber of commerce is important. Many will hold community seminars and meet-and-greet events with business leaders and owners in the area. Remember, even with all the new technologies that we have at our disposal today; it’s not only what you know, but who you know that ...
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