Attention Entrepreneurs: Do You Have What it Takes?
Has the time come where instead of you working for a business, youwant
to own one? To decide if buying a business is the right decision for you, speak to a VR business intermediary that can help you answer all the pertinent questions.
First, let it be said that, while there is a great deal of romance surrounding the notice of being an entrepreneur, not everyone has the aptitude. And it's important to understand that there's nothing wrong with not being an entrepreneur. This world functions well because of them, but it wouldn't be as successful if it were peopled solely with entrepreneurs.
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The Record Merger Boom Won't Stop in 2016, Because Money is Still Cheap
It was a year for the record books when it comes to merger and acquisition activity. Nearly $5 trillion in deals were cut globally, a new all-time high, as dealmakers used consolidation to uncover cost cuts, bolster their scale and take advantage of historically low borrowing costs. Though 2016 may be a tougher year if emerging market growth slows further and the impact of a sharp rout in commodities hits North America, few expect today's merger boom to slow.
After all, most of the reasons M&A climbed from $3 trillion to $4 trillion and now a rounding error below $5 trillion remain.
When Making an Offer is the Toughest Part of the Deal
Private equity is an easy target for politicians. Most feel they can win brownie points with the general public by criticizing fund managers and fostering an "us vs. them" mentality, and even some of the most anti-government candidates lazily slip into arguments about "paying their fair share."Recently, the owner of a healthcare business we represent called me with a plea to help encourage an interested buyer. "The buyer seems like a great fit," he noted, "but he just can't produce an offer in writing."
When I spoke with the potential buyer about his concerns, he said, "It's not about the money; it's just the feeling that we're committed and there's no going back." When I told him he could build in good reasons to opt out after a signed LOI, he responded, "That's the best way I can explain it," and disappeared.
VR in New Haven, CT Finalized the Sale of an Engineering Firm for $1,400,000
VR's New Haven, CT location has recently sold a land use engineering firm with revenues exceeding $2.3M and a cash flow of over $675K. The firm has been in business for 125 years of which the current owners has operated the business for the last 23 years. This sale was pre-qualified for SBA lending. Congratulations to Jeff Swiggett on another successful sale!
VR Continues to Match Qualified Buyers with Businesses for Sale
In today's business climate, our clients demand quality and professionalism. We applaud our VR business intermediaries for a job well done!! Here is a small sample of transactions that have closed across the VR network recently:
Thinking of selling your business or looking for an established business to purchase?
Our VR Office in Apollo Beach is Engaged to Selling a Profitable Commercial Glass & Glazing Contractor for $3,250,000
Our VR Office in Apollo Beach has been engaged to assist in the sale of a well established Glass and Glazing Company. With a reputation for excellence and outstanding customer service, the company has minimal competition and long-term relationships with many top commercial builders in the region. Best of luck to Tim Bellon!
Businesses For Sale
Your dream business awaits you...take advantage of these featured opportunities
VR has for sale now!
The time has been better to become a part of the VR team!
Small businesses make up over 56% of the annual U.S. GDP and every year a large amount of them change hands.
VR is the industry leader in facilitating such transactions.