Optimism Continues to Grow with Small Business
Increases in Recruitment and Spending Contributing to Confidence
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Confidence among U.S. small business owners are at the highest level they have been in a year, according to a recent article in the Financial Times. Recruitment and spending have increased with many businesses as small business optimism has risen 2 points in the National Federation of Independent Business' Index in April to 94.5 - the highest since February 2011.
Many speculators have expressed optimism per this recent report as capital spending, job creation and openings have gone up - the former has risen to its highest since June 2008. Additionally, sales trends for small businesses have been reported being the best yet since the recovery started with ongoing improvements in profit trends. The drop in gas prices has also helped contribute to the increases in recruitment and spending.
Speak to a VR office in your area today to find out how you can take advantage of the market trends as a business owner.
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Compromising and Countering
VR Shows How to Negotiate a Business Sale
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If you've never purchased a business before, negotiating is one of the most challenging aspects of the transaction. What can happen in many cases is that the buyer will spend more for the business than originally intended and the seller receives less than planned.
When you first consult with VR Business Sales, we will instruct you on how the negotiation process works, what to expect from the other party and how you can be most effective. With our decades of experience and innovative tools at our disposal, we will ensure that you will be informed and well versed in how to negotiate.
Click Here to Read Compromising and Countering
Learn more about how VR can assist you complete a successful sale of your business by consulting your local VR office today.
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What Does the Market Tell You?
Performing Due Diligence on the Marketplace
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Some business sales are able to be completed within a couple of months, some take over a year. In a perfect world, both the buyer and seller of a business would prefer to have the deal closed by year-end. However, as the buyer, you can't forget about an important part of the transaction; marketing due diligence. Yes, there's due diligence of the business financially and legally; however, you have to examine the marketplace as well.
Ask yourself, out of the total sales the business creates, does a large percentage of it come from only a few customers? Are the products you offer going to continue to be in demand a year after you buy the business; five years?
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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:
Sandwich and Ice Cream Franchise, $360,000 - Artesia, CA
Supplemental Education Services, $270,000 - Wilmington, NC
Sophisticated Beauty Salon, $82,000 - McKinney, TX
Upscale Bar & Restaurant, $65,000 - San Antonio, TX
Pizza Restaurant, $25,000 - Newport Beach, CA
To learn how you can become a successful owner of a business, contact a VR office today!
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SUCCESSFUL TRANSACTIONS
Car Wash and Oil Change Business
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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 car wash and oil change business for $300,000.
The transaction, which closed last month, was handled by Timothy 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
Property Management Company
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VR Mergers & Acquisitions, located in Austin, Texas, the leading business intermediary firm in the area, has recently facilitated the strategic sale of a property management company for $92,000.
Gary Zolnierek, 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 Springfield-Branson, Missouri, announced it has been engaged by an owner of an event center to assist in facilitating the sale of their businesses.
This unique event center offers a beautiful setting for weddings, receptions or any other type of get-together. The business has grown substantially every year, increasing 21.1% in revenues just last year, and the owners say they expect 2012 to enjoy as much or more of an increase. 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
Turnkey Upscale Luxury Spa
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VR Business Brokers, located in Naples, FL, the leading business intermediary firm in the area, has recently been engaged to assist in facilitating the strategic sale of a turnkey upscale luxury spa.
Beautifully decorated with state-of-the-art equipment, there are nine private treatment rooms with relaxing classy ambiance. The business has been in operation for 7 years with increasing sales and earnings trend. Website is included in the sale. 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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Environmental Testing Business, Austin, TX, $3 Million
Sign Manufacturing Company, Pasadena, CA, $725,000
Classic Italian Restaurant, Cincinnati, OH, $549,000
Clothing & Apparel Manufacturer, Greenville, SC, $195,000
Profitable Check Cashing Business, Milford, CT, $180,000
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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Eric Ottem, Owner
VR in San Jose, CA
How Do I Decide How to Sell My Business?
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The reason varies from owner to owner: receive a return on your investment; move on to new opportunities; retiring; illness. Regardless of what the primary reason is, selling your business is not a decision you should take lightly. You spend years if not decades dedicating yourself to building a successful business; you require the services of professional representation to facilitate the process and maximize the selling price.
Click Here to Read the Full Article.
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