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U.S. Senate Votes to Proceed on Small Business Bill
VR Views Legislation will Open Doors for Business Sales Funding
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The U.S. Senate voted to move forward on a final passage of the Small Business Bill that would make it easier for entrepreneurs to raise money in buying a business.
The 76-22 vote now sets the stage to vote on a final passage that if passed would send the bill back to the House.
President Barack Obama has given his support for the Small Business Bill, which is designed to ease some federal rules so that entrepreneurs and small businesses could more easily receive financing, attract investors and go public. Because of the legislation is designed as a bipartisan effort to eliminate government red tape and create jobs, the Senate was able to pass it unchallenged.
VR Business Sales believes that the bill, if passed, will attract new entrepreneurs looking to venture into business ownership. With over 30 years of success facilitating hundreds of thousands of transactions, look to VR to fulfill your professional and financial goals.
Speak to a VR office in your area today to find out how you can become a business owner.
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Keeping the Train on the Tracks
VR Explains How to Sell Your Business without Disruptions
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 Normally, a business owner who's looking to sell has to keep their intentions close to the chest. You don't want to upset your employees, your customers or the vendors; any of which could cause a major disruption in your operation and be a detractor to potential buyers. Since selling your business can be both an emotional and overwhelming process, it's important to consult VR Business Sales. We will facilitate the process to where you will be able to continue operating the business as normal while we look for a qualified buyer. A qualified buyer will want to see a thriving and well-operated business if they are put down a substantial financial investment.
Click Here to Read Keeping The Train On Track.
Learn more about how VR can help you complete a successful sale of your business by consulting your local VR office today.
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VR Helps You Understand the Buying Process
Comprehending Every Element will Lead to Successful Ownership
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 When you're looking to buy a business, you should be aware of the procedures involved and the mistakes to avoid. To give you the best possible income, VR will provide you with the experience gathered from decades of facilitating successful transactions. We match qualified buyers with available businesses that are available for sale. We will support you throughout the process, starting with creating a buyer profile to determine your interests, goals and background. Each VR business intermediary provides service past the day the business sale is complete.
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Banks Turn Focus Towards Small Business Lending
VR Sees Bank Confidence Fueling More Successful Transactions
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 Many bankers have made arrangements to increase their small business lending efforts this year following encouraging signs that the economy is recovering at a faster rate, according to a recent survey conducted by Omega Performance Research Firm. 77% of the 409 banks surveyed say they are likely to increase their small business lending activity. 78% of the banks that currently don't offer small business products and services said they are now planning to actively pursue offering them.
Additionally, 78.3% said small business activity is the top area that they plan to actively pursue this year followed by medium and large business, individual housing, auto loans and construction. This is a great signal for entrepreneurs who are looking to get into business ownership to take advantage of the opportunities available at VR Business Sales.
Since 1979, VR has been committed to marketing quality businesses to qualified buyers. With the new focus that banks are planning, we are confident that you will be able to secure financing for purchasing one of the 1000s of businesses for sale available through VR.
Speak to a VR business intermediary today about what to look for when considering lending to finance a business opportunity.
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THE VR BLOGGER
Remembering Assets in a Business Valuation
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Did you know that a business' assets are an important piece to a business valuation? Most people involved in selling their business underestimate the importance of the fair market value of their assets. Relying solely on the book value of the business or your best estimate may cost you a lot of money to be left on the table. In order to perform an accurate valuation for your business, you have to examine the value of its assets.
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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:
Distribution/Wholesale Company, $438,000 - Wilmington, NC
Medical Staffing Business, $400,000 - San Jose, CA
Mail and Packaging Center, $180,000 - Coral Springs, FL
Pizzeria & Italian Restaurant, $110,000 - New Haven, CT
Facial Spa, $99,000 - McKinney, TX
To learn how you can become a successful owner of a business, contact a VR office today!
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SUCCESSFUL TRANSACTIONS
Multiple-Location Laundromat Chain
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VR Business Sales of Lakeland, Florida, a leader in the sale of privately-held companies, recently facilitated the strategic sale of a multiple-location laundromat chain for $1.075 Million.
The transaction, which closed last month, was handled by Chris Gutierrez, 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
Award-Winning Bistro
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VR Mergers & Acquisitions, located in Pasadena, California, the leading business intermediary firm in the area, has recently facilitated the strategic sale of an award-winning bistro for $175,000.
Richard Schammel, 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
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VR Mergers & Acquisitions, located in New Haven, Connecticut, announced it has been engaged by an owner of a premier HVAC contractor to assist in facilitating the sale of their businesses.
This HVAC firm has grown into one of Connecticut's leading contractors since it was founded in 1959 with about 50% commercial and 50% residential clients - almost all of whom are in Connecticut. 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 Savannah, Georgia, the leading business intermediary firm in the area, has recently been engaged to assist in facilitating the strategic sale of an upscale hair salon.
This upscale salon is in a fantastic location with a great view. It occupies two adjoining condo units, totaling 1,920 square feet. The pricing is competitive with other upscale salons in the area. 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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OTHER BUSINESS ENGAGEMENTS!
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Machine Company with Strong Cash Flow, SC: $1.6 Million
Lead Recycling Company, WI: $750,000
Restaurant, Bar and Grill, TX: $450,000
Business Plans & Loan Packaging Company, CA: $235,000
Corporate Catering Company, OH: $195,000
CLICK HERE TO VIEW ALL BUSINESSES FOR SALE!
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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 2009-2012
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Ask a VR Intermediary?
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Bob McCormack, Owner, VR in Wyomissing, PA
How Can Seller Financing Help Me Complete the Business Sale?
James Douglas
Dayton, OH
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Dear James,
In any business sale, seller financing should be considered. In many cases, buyers don't have the necessary capital to purchase the business or are unable to get approved for a bank loan. Additionally, buyers are looking at two things when looking at how they're going to finance a deal:
Click Here to Read the Full Article.
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