Making Your Business Web-Ready
Implementing an Effective E-Service Strategy
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The Internet has become a powerful tool for businesses to market to their customers. Today, putting a web site together is easy and inexpensive. However, there are a series of challenges that a business must consider when entering this market. An effective Internet service can be delivered to a significant proportion of any business' customer base. Therefore, an e-service strategy must be created to accomplish this.
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Facing the Marketspace
Technology's Impact on the Way We Do Business Today
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For thousands of years, the marketplace has existed throughout every civilization from the Athenian Agora to the Mall of America. It is in the marketplace that buyers and sellers have negotiated transactions involving a myriad of goods and services. However, it is more recent with the arrival of the Internet that an alternative marketplace has been created that has changed how business is done called the marketspace.
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Continuing the Flow of Working Capital into Your Business
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In order for a business to achieve its goals of marketing to inventory to keeping the lights on, sufficient working capital is required. When a business experiences rapid expansion, capital requirements are increased in order to maintain the operation.
To avoid trouble with creditors that require payment, your current assets should always exceed your current liabilities for your business. Historically, it's the lack of working capital rather than profitability that causes a business to close, which is why you should always have sufficient funds with a plan in place.
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Licensor of the Month
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Organized in Red Wing, Minnesota in 1905. Red Wing Shoes are distributed in more than 100 countries around the globe, including over 420 U.S. and Canadian Red Wing Shoe Stores serving both consumer and industrial customers. Red Wing is famous worldwide for its premium quality work and safety footwear.
Red Wing Shoe Company strives to be the gold standard for purpose-driven footwear and apparel solutions. Management's confidence in the potential for profitable growth in the next five years has never been stronger. We understand what must be done to achieve excellence in providing safety solutions to employers and employees around the world.
The Franchise Showcase is designed to support individual franchises and existing small business owners by making franchise ownership more affordable.
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THE VR BLOGGER
Calculating the Working Capital that You Have Available
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Working capital describes capital (usually cash) as it moves through a business. It first flows from a company to pay for supplies, materials, finished goods inventory and wages to workers who produce goods and services. It then flows into a company as goods and services sold as well as through new investment equity and received loans. Each stage of this cycle consumes time. The more time the stages consume, the greater the demands are on working capital.
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Highlighted Transactions
And New Engagements
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SUCCESSFUL TRANSACTIONS
Fire and Water Restoration Company
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VR Business Sales of Pewaukee, Wisconsin, a leader in the sale of privately-held companies, recently facilitated the strategic sale of a fire and water restoration company for $550,000.
The transaction, which closed this month, was handled by Tim Bullard, 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
Child Care Facility
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VR Business Sales of Charlotte, North Carolina, a leader in the sale of privately-held companies, recently facilitated the strategic sale of a child care facility for $250,000.
The transaction, which closed this month, was handled by Phil Hagey, 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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NEW ENGAGEMENTS
Established Logistics Company
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VR Mergers & Acquisitions located in San Francisco, California, announced today it has been engaged by an established logistics company to assist in facilitating the sale of their business.
The company manages the movement of capital machinery and equipment and adds value by protecting customer's assets with safe and reliable delivery. Go to 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
Personal Apparel Boutique
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VR Business Brokers, located in Wichita, Kansas, the leading business intermediary firm in the area, has recently been engaged to assist in facilitating the strategic sale of a personal apparel boutique.
The business has a rooted customer recognition with the brands that are stocked. They have experienced sales personnel as well as established vendor relationships. 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
Phone (954) 565-1555; Fax (954) 565-6855
http://www.vrbb.com
Copyright © VR 2009-2011
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Ask a VR Intermediary?
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Paul Olsen
Owner, VR in Denver, CO
How Can I Take Advantage of an Available Business Opportunity?
Judith Mills,
Spartansburg, SC
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Dear Judith,
Business ownership has become appealing to many people that include laid-off corporate executives, military personnel having returned from tours of duty and aspiring entrepreneurs who prefer to be their own boss.
Although it's a normal reaction for many aspiring business owners to hold off making a decision until after the recession ends due to the higher risk, the time to buy is now.
There are four main reasons why you need to take advantage of these opportunities now instead of waiting until the clouds clear:
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