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Submit your questions to VR

We welcome questions about buying, selling, preparing to sell your business, exit strategies, and business ownership in general.  Submit your questions to VR here, we respond to selected questions daily.
   

Comments :
Response to: Submit your questions to VR
Lee Jackson says
I am in the middle of negotiations with a party to sell my business. Should I be drafting a letter of intent? Will it help me step closer to completing the deal?

Response to: Submit your questions to VR
Edward Farmer says
How should my company prepare for when a potential buyer is going to visit?

Response to: Submit your questions to VR
Henry Lawton says
I am looking to do a valuation on my business. How much emphasis should I place on industry rules of thumb? Are they credible in a court of law?

Response to: Submit your questions to VR
Adam Harrington says
How do I know what to charge for my business? I want to receive the maximum benefit from my hard work and investment.

Response to: Submit your questions to VR
Steve Pantangeli says
How can I protect myself from everyone learning that my business is for sale?

Response to: Submit your questions to VR
James Jackson says
Why do business brokers not show a business’ financial statements before I make an offer?

Response to: Submit your questions to VR
Thomas Adkins says
Why should I choose a business broker over a real estate one to sell my business?

Response to: Submit your questions to VR
Charles Montgommery says
How do I determine how much to “put down” on a business when the seller is offering financing?

Response to: Submit your questions to VR
Lawrence Gallup says
I am planning to sell my business in the next two years. What steps should I be taking now to assure a smooth (and profitable) transition?

Response to: Submit your questions to VR
Casey Juarez says
I want to buy a business but have no training in running one. Do you know of any school that I can attend to prepare me for when I decide to go ahead?

Response to: Submit your questions to VR
Arnold Cantaneus says
How Do I Know Which Businesses are Ripe for Buying?

Response to: Submit your questions to VR
Daniel Arnold says
I want to buy a business but I am reluctant to make a move right now due to the national economy and the world situation. How can I be confident that the business I choose will be able to weather the storm until things smooth out?

Response to: Submit your questions to VR
Harry Fontega says
How can I be certain that a buyer will continue to pay me if I offer seller financing for my business?

Response to: Submit your questions to VR
Julius Hernandez says
As a seller, I am concerned that a buyer will make an offer on my business, where they have access to my financial information. Before long, they withdraw the offer and still get their entire earnest money deposit back. Why can’t I keep that money after they see my documents?

Response to: Submit your questions to VR
Jefferson Hubbard says
When I work with brokers, why do they insist that I provide them with my confidential financial statement before they will discuss available businesses for sale with me? Why do they need that information before I make an offer?

Response to: Submit your questions to VR
Louis Jones says
Most of the businesses that I have looked at offer seller financing. Why don’t all businesses for sale offer this feature, it makes so much sense for everyone?

Response to: Submit your questions to VR
Andrew Kramer says
Is there a good source for determining the correct selling price of a dry cleaning plant?

Response to: Submit your questions to VR
Harry Fontaine says
Do I really need to know the ins and outs of e-commerce law? How diligent are the state and federal governments in enforcing the policies that are in place?

Response to: Submit your questions to VR
Philip Johnson says
I have a small motorcycle business with mostly a local clientele. Do I really need to have something like public relations in my plan? I use advertising already.

Response to: Submit your questions to VR
Alfonso Lopes says
I see neighboring businesses that are cutting corners with how they operate, and could be questionable legally. Yet they're seeing more profits. What if I were to do some short cuts for the short-term for my business if I knew it would benefit?

Response to: Submit your questions to VR
Lowell Harrington says
I am assembling content for my business web site to market myself on the Internet. How do I go about making sure that any of the content that I use is not copyright protected?

Response to: Submit your questions to VR
Alexander Washington says
How Do I Know if I Am Ready to Own a Business?

Response to: Submit your questions to VR
Lloyd Thomas says
How do I deal with comptuer viruses infecting my business operations?

Response to: Submit your questions to VR
Jesse Ambrose says
How should I go about buying another business if I am doing so through my company?

Response to: Submit your questions to VR
Tom Reynolds says
What is a brand?

Response to: Submit your questions to VR
Taylor Francis says
What are some things that I shouldn't do if I am looking to buy a business?

Response to: Submit your questions to VR
Louis Rodenberg says
Do I really need to go about putting together a business plan if I am acquiring a company that has one in place?

Response to: Submit your questions to VR
Jesse Albertson says
I am looking into running a business from my home. Do you think this to be a smart move? I am looking for more autonomy that I can't get from my current company.

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