{"id":559240,"date":"2021-11-30T05:34:29","date_gmt":"2021-11-30T10:34:29","guid":{"rendered":"https:\/\/vrgatewaystl.com\/?page_id=559240"},"modified":"2022-02-23T09:20:20","modified_gmt":"2022-02-23T14:20:20","slug":"preparing-for-sale","status":"publish","type":"page","link":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/preparing-for-sale\/","title":{"rendered":"Preparing for Sale"},"content":{"rendered":"<div class=\"wpb-content-wrapper\">[vc_row][vc_column width=&#8221;3\/4&#8243;][vc_column_text]\n<h2>Preparing to Sell Your Business<\/h2>\n[\/vc_column_text][vc_empty_space height=&#8221;16px&#8221;][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]At VR, we are acutely aware of what it takes to sell a business. Preparing the seller and aiding the seller in preparing the business to achieve the maximum gain from the sale are two important roles of the professional intermediary.[\/vc_column_text][vc_column_text]Owners sell their businesses for reasons stemming from retirement, partnership disputes, personal relocation, family concerns, the desire for change, illness or to enter another business venture.[\/vc_column_text][vc_column_text]Knowing the reason for the divestiture aids your VR professional in structuring the most advantageous transaction. To further help you maximize the benefit of the sale, VR turns to its professional alliances to help you seek the appropriate tax strategy, succession plan or investment strategy.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;561550&#8243; img_size=&#8221;full&#8221;][\/vc_column_inner][\/vc_row_inner][vc_column_text]VR has identified specifics needed in order to aid a successful transaction:[\/vc_column_text][vc_column_text]<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> <strong>Provable Books and Records:<\/strong> Buyers want proof of sales and profits the business has attained in the past.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> <strong>A Reasonable Price and Terms:<\/strong> Educated buyers only consider competitively priced businesses.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> <strong>Assets Being Sold:<\/strong> Prepare a complete list of assets including furniture, fixtures and equipment.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> <strong>Attractive Lease:<\/strong> Know the terms of assignment or of a new lease.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> <strong>Best Possible Appearance:<\/strong> Have the business premises neat, clean and in good repair.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> <strong>Value the Business Properly:<\/strong> A valuation on the business prepared that creates a document that proves value to the buyer and shows the business to be competitively priced.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> <strong>Covenant not to Compete:<\/strong> Preparing terms of non-competition within an appropriate distance and for a reasonable period of time.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> <strong>Reason for Sale:<\/strong> Buyers want to understand the reason for sale and be comfortable that there is not undisclosed information that could negatively affect their investment in the future.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> <strong>Time is of the Essence:<\/strong> Be prepared to move forward when a qualified buyer shows interest in the business.<\/li>\n<li><i class=\"sui sui-angle-double-right\" style=\"color:#002f6c\"><\/i> <strong>No surprises:<\/strong> Adverse situations such as landlord problems, outstanding loans, tax arrears, unfavorable equipment leases and even non-compliance with zoning, health or other regulations can be overcome if known by your professional VR intermediary.<\/li>\n<\/ul>\n<\/div>[\/vc_column_text][vc_empty_space height=&#8221;16px&#8221;][vc_row_inner equal_height=&#8221;yes&#8221;][vc_column_inner width=&#8221;1\/2&#8243; css=&#8221;.vc_custom_1638470164396{background-image: url(https:\/\/vrbbd.wpengine.com\/vrbbmadison\/wp-content\/uploads\/sites\/20\/2021\/10\/bigstock-Happy-Stylish-Mature-Old-Woman-388331050.jpg?id=882) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243; css=&#8221;.vc_custom_1638470263864{padding-top: 32px !important;padding-right: 32px !important;padding-bottom: 32px !important;padding-left: 32px !important;background-color: #002f6c !important;}&#8221;][vc_column_text]\n<h3 style=\"color: #ffffff; text-align: center;\">Keep-in-mind that anything that increases sales also increases profits and the all-important cash flow!<\/h3>\n[\/vc_column_text][vc_column_text]\n<p style=\"color: #ffffff; text-align: center; font-size: 18px;\">Make it easy on the buyer to make a positive decision by making certain your business shows like a winner.<\/p>\n[\/vc_column_text][vc_empty_space height=&#8221;16px&#8221;][vc_btn title=&#8221;Set a Free Consultation&#8221; style=&#8221;outline-custom&#8221; outline_custom_color=&#8221;#ffffff&#8221; outline_custom_hover_background=&#8221;#ffffff&#8221; outline_custom_hover_text=&#8221;#002f6c&#8221; align=&#8221;center&#8221; i_align=&#8221;right&#8221; i_icon_fontawesome=&#8221;fas fa-chevron-right&#8221; add_icon=&#8221;true&#8221; link=&#8221;url:%2Fvrbbgreenbay%2Fset-a-free-consultation%2F|title:Set%20a%20Free%20Consultation&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=&#8221;1\/4&#8243; offset=&#8221;vc_hidden-sm vc_hidden-xs&#8221; css=&#8221;.vc_custom_1638470102674{margin-left: 16px !important;}&#8221;][vc_widget_sidebar sidebar_id=&#8221;ct-dynamic-sidebar-eeaf1ed9c9d4edb65e3c464a41c95af1&#8243;][\/vc_column][\/vc_row][vc_row el_id=&#8221;stopFixedWidget&#8221;][vc_column][\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column width=&#8221;3\/4&#8243;][vc_column_text] Preparing to Sell Your Business [\/vc_column_text][vc_empty_space height=&#8221;16px&#8221;][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]At VR, we are acutely aware of what it takes to sell a business. Preparing the seller and aiding the seller in preparing the business to achieve the maximum gain from the sale are two important roles of the professional intermediary.[\/vc_column_text][vc_column_text]Owners sell their businesses for reasons [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":559336,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-559240","page","type-page","status-publish","has-post-thumbnail","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/pages\/559240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/comments?post=559240"}],"version-history":[{"count":0,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/pages\/559240\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/media\/559336"}],"wp:attachment":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/media?parent=559240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}