Comprehensive initial owner training

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VR Initial Owner Training

3½ Week Comprehensive Program

Put simply: VR offers the most comprehensive training program available in the industry! Realizing how important education and professional development are to one’s success, VR operates with a blended training approach that encompasses; live in person training, virtual classrooms, video conferencing, cloud-based self-study webinars, and both hard and virtual copy of the manuals.

As a new VR franchisee, you will enter our profession by completing education programs contained in our 3 ½ week VR Initial Owner Training, where your trainers become your mentors:

Phase 1

Through the VR Master Business Intermediary Academy, you will begin your education with a variety of proprietary online VR classes. The ten-day program includes, but is not limited to:

How to do a Local Market Analysis
Essential Tips for Being a Productive Intermediary
Competitive Intelligence
Business Networking
Prospecting for Engagements
Formal Seller Presentation
Strategic Marketing for Buyers
Buyer Management

Negotiation Techniques
Transaction Management
Recasting and Financial Analysis
Advanced Recasting and Financial Analysis
Business Valuation and Pricing
Due Diligence
Closing the Deal
VR Intermediary Training Program

These courses are selected from our MBI Academy inventory of over 75 courses and 100+ hours of recorded presentations to give you an understanding and basic background prior to attending live training.

Each day you will be given an agenda, a video webinar, “book-work” from VR manuals, and the opportunity to follow up with a VR instructor / mentor. Though each day of training is numbered, you work at your own pace so as not to feel rushed or pressured, which allows for the most beneficial results. Once the days agenda is complete, you sign off and receive the next days lessons.

Phase 2

Day’s number 11 and 12 are spent understanding the power of your offices VR website. Completing 25 mini-webinars (which can be reviewed again at any time in the future) educates you on the basic functions of your website and how it accesses the VR operating systems.

Once you have completed the mini-webinars an expert on the VR franchise websites will meet with you via video conference and shared screen. There is no need to worry, we don’t want you to be an expert in websites, search engine optimization, or social media. We just want you to have a basic understanding of the power of the tools we offer and how to leverage them.

Phase 3

Once you have successfully completed Phase 1 and Phase 2, you will be scheduled to attend Phase 3 training. This 5-day intense training class is limited to no more than 3 franchisees at any given time. Taught by our Director of Education and Professional Development, who during his time as a VR franchisee was not only a quarterly award winner consistently for over a decade, he also won the VR annual award for “#1 Owner” for personal production, and VR’s most prestigious award the “VR Most Valuable Intermediary”. To be trained in a new profession is important, to be trained by someone who is highly regarded in VR, and a TOP PRODUCER sets us apart.

This phase of training will leverage the courses you have already completed, and build the operational knowledge for being a successful business intermediary and VR business owner.

You now have the option to attend Phase 3 in person in Fort Lauderdale, Florida at our global headquarters: through “Teams” video conferencing for those who wish not to travel on a one-on-one basis; and prerecorded if for some reason the need arises.

Additional topics covered during Phase 3 include:

VR in Your Marketplace
Building Goals
Social Media and Your VR Office Website
In Front Marketing and Database Creation
Quality Inventory
Seller's Interview
Sales Process - Recasting Financial Statements
Understanding the Balance Sheet

Valuing the Business
VR Business Profile / VR Confidential Information Memorandum ("CIM")
Marketing the Engagement
Dealing with Buyers and Due Diligence
Transaction Negotiations
Contracts and Forms
Due Diligence Conflict Resolution
Recruiting and Team Building

These and other topics including real life examples of transactions and role playing complete a hectic week. If you decide on attending training at our global headquarters, you will have the opportunity to meet and bond with your support team and the others in your class. Continental breakfast is supplied daily, lunches are either “working”, ordered-in or off-site, and then the graduation on the water-front of Fort Lauderdale.

Why Choose Us

VR Has Sold More Businesses In The World Than Anyone.®

VR intermediaries have made the commitment to help their clients through the maze of acquiring a business. By acknowledging the importance of our role, and combining the dedication and professionalism mandated for success, choose the organization that puts people first. Choose VR Business Sales!

Operational Office Visit

Whether you have opted for Phase 3 in-person or through video conference, you will be visiting and attending a top producing VR office in Boca Raton, FL.

This gives you the opportunity to meet the owner, sit in on a weekly sales meeting with the sales and administrative staff, and ask questions of all those attending.

This phase of training encompasses your daily operations as an intermediary and office owner.

Internet Services

We are prepared and ready to support all your day-to-day operations.

Our VR Director of Internet Services and our VR Marketing Director will also train you one-on-one how to benefit from your VR website, VR Blogs and social media campaigns, set-up of Today’s Business Owner electronic magazine for your office, and get you started with an inventory of personalized VR White Papers.

Your VR training reinforces that we are on the same team, with like goals and aspirations for success. The people in VR have always been the foundation of the organization and our strength. In today’s ever changing business environment, the importance of strong relationships and shared goals are at the forefront of the VR culture and driver behind our future. With our focus clearly defined, VR strives to exceed the expectations created from a glorious history. With diligence and expertise, a commitment to internal education and unsurpassed professionalism, we can proudly state: VR Has Sold More Businesses In The World Than Anyone.®

Now the Journey Begins!

Taking the next step in learning about VR Business Sales / Mergers and Acquisitions, is to have your first round of questions answered. Our goal is to transparently inform you on the profession, VR, and what you should expect from your new business venture. Understanding what to expect prior to opening and through your first 3 years is critical to understanding how your life will change, and that is why your conversations will be with one of the two owners of VR.

After completing this form, a representative from the VR Global Headquarters will reach out to set a convenient time to speak, or you can set an appointment directly on this site.

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Today's Business Owner®

Today’s Business Owner® (TBO) is VR’s Monthly Electronic Magazine that publishes relevant business articles and completed transactions to establish you as an industry expert.

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