Understanding Cash Flow is Key to Growing or Selling a Business
Sherrie McGill, Vice President, SBA Lending, FirstHomeBank
The cash flow and performance of your business should be measured by your Profit and Loss (P&L) Statement in conjunction with your Balance Sheet (B/S). It is very possible for a highly profitable company to be in critical need of cash. Cash is King!
As a business owner, understanding your P&L is essential to increasing your profitability and growing your business. Your P&L will identify your successes and where there is room for improvement. A P&L statement tracks performance and detects drops in sales, income and margins or spikes in expenses. Monthly review of your P&L ensures that the causes of these drops and spikes are identified so adjustments can be made immediately and better preparation for future months is implemented to bring growth and top performance.
Setting Up For Selling Your Business
JoAnn Lombardi, VR Business Brokers/Mergers & Acquisitions, President
How to Develop a Successful Exit Strategy
Recently, many entrepreneurs fulfilled their life-long dreams of buying a business. Others have seen their businesses grow gradually over the years. They are pursuits these business owners have enjoyed and cherished. However as a business owner, you have to remember there will be a time you will have to pass your dream along to somebody else owning the business you have started.
Whether you're selling the business because of burnout, retirement or the desire to move on, when the time arrives to do so, do it right and receive the optimal sales price.
Analyzing The Deal
Performing Due Diligence Before You Buy A Business
There is no situation where the buyer doesn't question if he or she is making the right decision in buying a business. The truth is, every business has its share of both advantages and disadvantages. Regardless of if the seller had disclosed everything to you is why you perform due diligence. You want to examine a business to find out what are the problems of the business as well as what is driving its value. You also need to discover what the seller has done over the last few years to dress-up the business in order to maximize earnings:
Your dream business awaits you..take advantage of these featured opportunities VR has for sale now!
Deep Drawn Precision Metal Stamping Manufacturer | $2,400,000 | New Haven, CT
An Honest Comparison of Equity vs. Debt Business Funding Options
When you're dreaming about starting a business, one of the biggest hurdles to making that dream a reality is finding affordable financing. Fortunately, there are more business funding options than ever that can fit almost every budget and business plan. Most business funding methods can be lumped into two categories: debt financing (borrowing capital) or equity financing (reinvesting assets you already own). To help you begin to narrow down your search for the best way to launch your new business, we've outlined the most common types of debt and equity financing, as well as the pros and cons of each.
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VR Located in Charleston, SC has been engaged to assist in the Sale of a Bourbon Créme Liqueur brand opportunity.
|Capitalizing on the rapidly growing bourbon spirits sector, and a category with a passionate customer following, the seller is seeking the right strategic buyer who can optimize the growth opportunity through its current distribution network. Distributors such as Breakthru, Southern Glazers, Republic National and Young's Market have the best partners already engaged.
Using existing suppliers, the product is currently produced via a co-pack arrangement which allows for production upon demand for low overhead and better cash flow. Launched over 3 years ago the brand has steadily grown and is sold to large key accounts such as Disney, Meijer, Total Wine & More, Binny's and Specs. Based on a guarded family recipe this liqueur can be served by itself or used to make a variety of specialty cocktails. Included in the sale was an Apple Spiked Whisky line extension which has limited distribution.
The brand is positioned well ahead of the competition with very few direct competitors. Distribution includes the continental United States and Canada.
|VR in Charlotte, NC Facilitated the Sale of a Plumbing & HVAC Business.
|This plumbing and HVAC company is the market leader installer in plumbing and HVAC systems for the home builder community within the markets its services. The company was founded in 1999 and the original owners remain active in the business today. Through their management and leadership, the company has continued to grow and increase its profits to their current levels with many growth opportunities ahead.
|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:
Have you ever considered selling businesses?