Examining All the Factors
Knowing When to Buy a Business
Has the time come where instead of you working for a business, you want to own one? To decide if buying a business is the right decision for you, speak to a VR business intermediary that can help you answer all the pertinent questions.
With any business opportunity, there is a degree of risk and challenge involved. Ask yourself if your personality is conducive to one that thrives in
an environment where you have to wear many hats. Throughout the buying process, you have to understand what is at stake for you, both fi-
nancially and personally. If you're ready, the rewards will surpass whatever gamble is involved.
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Do You Have a Great Buyer for Your Business Who Needs More Equity to Obtain Financing?
Guest Blog By: Sherrie McGill, Stearns Bank N.A.
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When financing the acquisition of a business, banks typically require 20-25% equity to extend a conventional loan. Don't let equity shortfall blow the deal! Consider offering seller financing to bridge the gap.
If a Buyer qualifies for a SBA loan, seller financing qualifies as "equity". Structuring the sale transaction with a combination of buyer equity, plus a seller note, may satisfy the equity requirements to make a SBA loan work for Bank financing. Because banks want borrowers to have some liquidity and inject some of their own assets as equity into a business, buyers should come up with at least 10% equity for the acquisition.
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Everything Private Equity Should Know About the
2016 Presidential Candidates
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Private equity is an easy target for politicians. Most feel they can win brownie points with the general public by criticizing fund managers and fostering an "us vs. them" mentality, and even some of the most anti-government candidates lazily slip into arguments about "paying their fair share."
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VR in Apollo Beach, FL Finalized the Sale of a Full Service Machine Shop for $390,000
The VR office in Apollo Beach has completed the sale of a very profitable, full service machine shop which was established in 1988. The business, which was known for its quality work and craftsmanship has enjoyed steady profits for decades. Congratulations to Tim Bellon on a successful transactions!
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VR Continues to Match Qualified Buyers with Businesses for Sale
In today's business climate, our clients demand quality and professionalism. We applaud our VR business intermediaries for a job well done!! Here is a small sample of transactions that have closed across the VR network recently:
Thinking of selling your business or looking for an established business to purchase?
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The VR Office in Charlottetown, PEI Canada is Engaged to Sell a Nursing Home Facility for $1,450,00
This nursing home facility located in the Moncton, New Brunswick area is well established and houses 20+ beds. It has been well-maintained and in a ideal location for the growing retirement community. The current owners have agreed to remain on-site to assist the new owners with a smooth transition.
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Businesses For Sale
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Your dream business awaits you...take advantage of these featured opportunities
VR has for sale now!
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The time has been better to become a part of the VR team!
Small businesses make up over 56% of the annual U.S. GDP and every year a large amount of them change hands.
VR is the industry leader in facilitating such transactions.
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