{"id":560595,"date":"2012-06-27T05:36:59","date_gmt":"2012-06-27T09:36:59","guid":{"rendered":"https:\/\/vrbbd.wpengine.com\/vrbbgreenbay\/a-business-owners-report-card\/"},"modified":"2022-01-31T12:44:15","modified_gmt":"2022-01-31T17:44:15","slug":"a-business-owners-report-card","status":"publish","type":"post","link":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/a-business-owners-report-card\/","title":{"rendered":"A Business Owner&#8217;s Report Card"},"content":{"rendered":"<div>\n<p>How does someone else, for example, a potential buyer, rate your business on the issues listed below?\u00a0\u00a0 Rate your business and yourself on the time-honored \u201cA\u201d to \u201cF\u201d scale.\u00a0 You can even use a plus or minus.\u00a0 What\u2019s your average? Too many business owners operate on gut feel or \u201cfrom the heart.\u201d\u00a0 Nothing wrong with that; many people start or buy their own business and operate it successfully with nothing more tangible than this kind of factor. But, every now and then, perhaps once a year, seize the moment and take a more realistic look at your business.\u00a0 Grade yourself, using the following business report card as yardstick:<\/p>\n<p>1.\u00a0\u00a0\u00a0 Difficulty or the lack of competitive entry<br \/>\n2.\u00a0\u00a0\u00a0 Stature of the business or product . . . exciting\/glamorous<br \/>\n3.\u00a0\u00a0\u00a0 Perceived level of required expertise \u2013 or licensing<br \/>\n4.\u00a0\u00a0\u00a0 Ability of the business to secure funding &#8212; seller carry-back<br \/>\n5.\u00a0\u00a0\u00a0 Volatility of business\/customer loyalty<br \/>\n6.\u00a0\u00a0\u00a0 Diversity of customers and\/or suppliers. Exclusives?<br \/>\n7.\u00a0\u00a0\u00a0 Length of business \u2013 history<br \/>\n8.\u00a0\u00a0\u00a0 Reliability or fuzziness of financial records<br \/>\n9.\u00a0\u00a0\u00a0 Key-man syndrome<br \/>\n10.\u00a0\u00a0\u00a0 Severity of business seasonality<br \/>\n11.\u00a0\u00a0\u00a0 The people factor<br \/>\n12.\u00a0\u00a0\u00a0 Hours of operation<br \/>\n13.\u00a0\u00a0\u00a0 Hazardous work, work place, products, or neighborhoods<br \/>\n14.\u00a0\u00a0\u00a0 Bad lease \u2013 no lease<br \/>\n15.\u00a0\u00a0\u00a0 Owner to stay<br \/>\n16.\u00a0\u00a0\u00a0 Trend or erratic numbers \u2013non recurring<br \/>\n17.\u00a0\u00a0\u00a0 Goodwill (Blue Sky) as percentage of price<br \/>\n18.\u00a0\u00a0\u00a0 Sparkling physical appearance or needing upgrade<br \/>\n19.\u00a0\u00a0\u00a0 Regular or home office<br \/>\n20.\u00a0\u00a0\u00a0 Remote location<br \/>\n21.\u00a0\u00a0\u00a0 Contemporary and ship-shape equipment<br \/>\n22.\u00a0\u00a0\u00a0 Franchised or Independent<br \/>\n23.\u00a0\u00a0\u00a0 Visible expansion opportunity<br \/>\n24.\u00a0\u00a0\u00a0 Loyal key employees in place<br \/>\n25.\u00a0\u00a0\u00a0 Broker involved with deal<br \/>\n26.\u00a0\u00a0\u00a0 Potential<br \/>\n27.\u00a0\u00a0\u00a0 Name and reputation<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>How does someone else, for example, a potential buyer, rate your business on the issues listed below?\u00a0\u00a0 Rate your business and yourself on the time-honored \u201cA\u201d to \u201cF\u201d scale.\u00a0 You can even use a plus or minus.\u00a0 What\u2019s your average? Too many business owners operate on gut feel or \u201cfrom the heart.\u201d\u00a0 Nothing wrong with [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-560595","post","type-post","status-publish","format-standard","hentry","category-selling-a-business"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/posts\/560595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/types\/post"}],"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=560595"}],"version-history":[{"count":0,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/posts\/560595\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/media?parent=560595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/categories?post=560595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/tags?post=560595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}