Knowing How to Examine Your Finances
Understanding the Fundamentals when Preparing for Your Business Purchase
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 Business owners rarely go into business to deal with the financial aspects of running a company for a simple reason: You're most likely going to be passionate about the products or services that you provide, so you're going to focus your time and energy there. This means that your financial responsibilities aren't going to be at the top of your priorities list.
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Growing High or Fading Fast
Why Businesses Have to Grow to Stay in Operation
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An entrepreneur will see the value created for his/her business when it grows. It is the gravitational pull that attracts and retains the best people. No business has been able to survive, let alone stay in the dark over time when it fails to grow.
In today's global economy, the average life span of a business is approximately 12 years, down from more than 25 years for businesses in existence in the 1950s. The ultimate life span of an even established global business is only about 40 years - ending in either bankruptcy or acquisition.
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Speak to a VR office in your area today regarding buying your own business.
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Establishing Your Business Objectives
Knowing How to Manage Your Business Following the Sale
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Managing is the task of moving an enterprise toward a defined objective, such as management-budgeting, strategic planning, performance monitoring - take as a given that an appropriate one has been set. Given the central role that objectives or targets play in most management actions; it is critical that they be set correctly. If inappropriate objectives are set for a business, inappropriate outcomes will occur.
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Discover how VR can help you complete a successful transition into business ownership by clicking here.
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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:
Fire Safety Supplies Distributor, $550,000 - North Carolina
Upscale Jewelry Stoer, $450,000 - Broward County, FL
Midas Automotive Franchise, $180,000 - Sacramento, CA
Neighborhood Bar, $135,000 - San Antonio, TX
Service Station/Mini Mart, $100,000 - Artesia, CA
Marble Slab Creamery, $57,000 - Fort Worth, TX
To learn how you can become a successful owner of a business, contact a VR office today!
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SUCCESSFUL TRANSACTIONS
Amusement & Recreation Company
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VR Business Sales of Savannah, GA, a leader in the sale of privately-held companies, recently facilitated the strategic sale of an Childerens Amusement Company for $167,000.
The transaction, which closed last month, was handled by Leslie Fitzgerald, a business intermediary specialist.
VR is celebrating over 33 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
Carpet & Upholstery Cleaning Business
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VR Business Sales, located in Charleston, South Carolina, the leading business intermediary firm in the area, has recently facilitated the strategic sale of a well run Carpet & Upholstery Cleaning Business for $60,000.
Bruce Rockwell, a VR business intermediary, represented the seller throughout the transaction that was completed this month.
VR is celebrating 33 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 Austin TX, announced it has been engaged by an owner of a popular Sports Bar to assist in facilitating the sale of their businesses.
The Seller invested $1.4m to build out this new multi level sports bar that includes outdoor decks. The business achieved revenue of $1.4m in its first full year, has a great location, new tenant improvements, modern furniture, fixtures and equipment and trained employees.
Contact Gary Zolnierek for more information: 512-492-2381 or garyz@vrtexascapital.com
VR is celebrating over 33 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
Chicago Hot Dogs Take Out Restaurant
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VR Business Brokers, located in Atlanta, GA, the leading business intermediary firm in the area, has recently been engaged to assist in facilitating the strategic sale of a Chicago Hot Dogs take out restaurant.
This is a location with a 12 year track record with an owner looking to retire. More information can be found on the VR Website
VR is celebrating over 33 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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Waste Collection Business, NC: $8.2 Million
70 Rental Properties, GA: $5.5 Million
Frozen Yogurt Shop, TX: $225,000
Deli, CT: $160,000
Tanning Salon, GA: $145,000
Health Food Delivery Service, FL: $85,000
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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Jeff Swiggett, Owner
VR in New Haven, CT
Why is Working Capital Important to Calculate?
It is vital for a company to have sufficient working capital to meet all of its requirements. The faster that a business expands, the greater the need becomes to have funds that are readily available to stay in operation.
If current assets do not exceed current liabilities, a company may well run into trouble paying creditors who want their money quickly. Indeed, the leading cause of business failure is not the lack of profitability, but rather lack of working capital. This helps to explain why some experts advise: "Use someone else's money every chance that you get, and don't let anyone else use yours."
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