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Existing Over Starting Fresh
Buying an Established Business Gives You the Best Chance for Success
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 There are many reasons why you should buy an existing business over starting up one. As a business owner, you are able to have the advantages of job security, financial independence and controlling your own destiny - professionally and creatively.
Reaping the Benefits of an Established Business
Buying an established business has allowed someone else to take the initial high risks and investment with the start-up process. Only through buying an existing business will you be able to reap the benefits such as having:
Click Here to Read Full Article.
Contact a VR office today in your area today to learn about available businesses for sale.
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Setting the Wheels in Motion
Why a Letter of Intent is Necessary in a Business Transaction
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 At VR, a letter of intent is drafted between the buyer and the seller before a purchase agreement can be made in a business transaction. Many people don't understand the purpose of what a letter of intent does, nor do they understand its importance. Any serious buyer of a business not only should be using representation of a VR business intermediary, but should have a letter of intent drafted; no matter what size business is involved.
Click Here to Read Full Article.
If you are looking to sell your business or become an owner yourself, click here to speak to a VR business intermediary in your area.
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Thinking Ahead of the Game
Putting Together an Effective Business Plan
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 When you are going to buy a business, it's important that you understand how a business plan works. There are many people that before they bought a business had never created a business plan. At VR, we will educate you on formulating one when you come in for a consultation. When discussing one of the business opportunities that we have available, you will discover that many already have an existing one in place. This will give you a solid foundation to work from, where you can either continue to follow, revise or change completely.
Speak to a VR business intermediary today about buying a business in your local area, and the financing that's available.
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THE VR BLOGGER
Making an Alliance Work in Business
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Forging an alliance with another company in buying a business can be very successful, but requires that the partners are culturally compatible. This involves more than being polite to each other and throwing resources, processes, people and customers into a venture. You must put it together carefully.
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Highlighted Transactions
And Engagements
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NEW BUSINESS TRANSACTIONS!
VR Continues to Match Qualified Buyers with Businesses for Sale
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In today's business climate, our clients demand quality and professionalism. We applaud our VR network for the recent successful transactions:
High-Volume Ice Cream Franchise, $438,000 - Pasadena, CA
Landscaping Business, $280,000 - Asheville, NC
Landscaping Company, $185,000 - Dallas/Legacy Park, TX
Upscale Salon & Spa, $175,000 - Coral Gables, FL
Beer & Wine Market, $55,000 - Artesia, CA
To learn how you can become a successful owner of a business, contact a VR office today!
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SUCCESSFUL TRANSACTIONS
CNC Machine Company
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VR Business Sales of New Haven, Connecticut, a leader in the sale of privately-held companies, recently facilitated the strategic sale of a cnc machine company for $1.07 million.
The transaction, which closed last month, was handled by William Hall, a business intermediary specialist.
VR is celebrating over 30 years as the world's only network of full-time professional business intermediaries.
VR has sold more businesses in the world than anyone®.
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SUCCESSFUL TRANSACTIONS
Web-Based Liquidation Company
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VR Mergers & Acquisitions, located in Atlanta, Georgia, the leading business intermediary firm in the area, has recently facilitated the strategic sale of a web-based liquidation company for $350,000.
Gary Martin, a VR business intermediary, represented the seller throughout the transaction that was completed this month.
VR is celebrating 30 years as the world's only network of full-time professional business intermediaries that addresses the needs of small and mid-sized businesses.
VR has sold more businesses in the world than anyone®.
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NEW ENGAGEMENTS
Casual Furniture & Accessories Company
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VR Mergers & Acquisitions, located in Charlotte, North Carolina, announced it has been engaged by an owner of a casual furniture & accessories company to assist in facilitating the sale of their businesses.
This company is a multi-location furniture retailer. They offer a well-branded concept with over 25 years in business, offering unique products for the home. They have direct pricing with their vendors and well-established locations in strong markets. Go to their VR Web Site for further details. VR is celebrating over 30 years as the world's only network of full-time professional business intermediaries that addresses the needs of small and mid-sized businesses.
VR has sold more businesses in the world than anyone®.
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NEW ENGAGEMENTS
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VR Business Brokers, located in Lakeland, Florida, the leading business intermediary firm in the area, has recently been engaged to assist in facilitating the strategic sale of a child care center.
This long-established learning center has been a landmark for the area. The sale includes the location's real estate, which consists of two buildings on double and single lots. Click here for more details.
VR is celebrating over 30 years as the world's only network of full-time professional business intermediaries that addresses the needs of small and mid-sized businesses.
VR has sold more businesses in the world than anyone®.
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Now is a Great Time to Become Part of VR!
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 With baby boomers selling their businesses to retire, corporate executives frustrated with their jobs and managers looking to buy a business to replace their corporate position, NOW is a great time to become part of VR!
VR Office
Artesia, California
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VR Global Headquarters
One East Broward Boulevard, Suite 1500
Fort Lauderdale, FL 33301
Toll Free: (800) 377-8722
http://www.vrbb.com
Copyright © VR 2009-2011
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Ask a VR Intermediary?
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Ken Puryear, Owner
VR in Hampstead, North Carolina
How Can I be an Effective Negotiator when Selling My Business?
Landon Fredrickson,
Lexington, KY
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Dear Landon,
Whether you are buying or selling a business, negotiating is a pivotal part of the process. Regardless of whether you are an expert at the craft or never have done it before, you will run into difficulties, whether it's dealing with difficult people or situations.
At VR, we will facilitate the negotiation process between you and the qualified buyer. With the hundreds of thousands of transactions that have taken place in our 30-plus-year history, one lesson each VR business intermediary has learned is not to overreact and make the situation worse.
Negotiations can be a trying process that can last long periods of time. At VR, we will look at different solutions to help resolve a particular stumbling block.
There are two types of ways of behaving when working with others:
- Solution-centered behavior;
- Problem-centered behavior.
If a negotiation has hit a stumbling block, you will want get to the bottom of what is the challenge. You have to be able to consult about the facts of the deal, reflect on your feelings and those of the other party so that you can have a clear understanding on the problem. Helping the other person clarify his or her thinking allows the answer to emerge.
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