A Business Plan for Growth During Sluggish Times
Article by JoAnn Lombardi, President of VR Business Brokers
It’s easier to grow a business if you have a well thought–out business plan.
In any economy, booming or sluggish, it’s always easier to create a high quality business plan if you know where you’re going, even in the worst of times.
Whether you are looking to buy or sell a business, you want to have a well-developed plan in how you are going to be successful.
You have to be able to keep your nose to the grindstone, and keep your business moving forward even in these trying economic times.
Read full article here A Business Plan for Growth in Sluggish Times
For more information about owning a VR Business Brokers Franchise please contact our VR Headquarters at 1.800.377.8722
VR has sold more businesses in the World than anyone®
You can become a part of the successful VR Business Brokers team.
VR Business Franchises are available in the U.S., Canada, and around the world.
By becoming part of the VR international business brokerage network you will have access to businesses for sale in a wide range of locations.
Through the extensive amount of resources available from VR you will be able to establish a successful business brokerage office by choosing one of the many available locations.
Business Brokers or Business Intermediaries provide a valuable service to both buyers and sellers of businesses of all types and sizes.
Through the extensive training and resources provided by VR, you’ll be trained to perform all the key functions of a successful business sale transaction.
VR will assist you as a new Franchisee in all phases of opening a new brokerage office, from:
- Planning and selecting a viable location
- Marketing of your new VR office
- Building a strong team
- Setting up your new office website
- Building a Customer base
- And all the steps in between to achieve the closing of many profitable transactions.
Take the next step toward a successful and rewarding career with VR.
View our VR Presentation Videos & PDFs explaning the tools and resources that will be available to you as a VR Franchisee.
For direct questions please call VR at 800-377-8722 or 954-565-1555
You can also go here to fill out a VR Franchise Information Request
VR is seeking full-time, committed professionals with entrepreneurial drive to join our international network of business brokerage offices worldwide.
While VR is selective when choosing those to join its network of professional intermediaries, we also provide the best training and resources available to ensure that all our VR Franchise offices are highly successful.
When you join VR and its network of professional intermediaries, you are choosing to team up with the nation’s premier business intermediary firm. You will have made the best decision to exponentially increase your efficiency, expertise and most importantly, your earnings.
Upon joining the VR Team you will have access to our extensive training program plus the resources and tools to ensure your success.
Training – Over 75 courses covering all aspects of gaining clients and closing business sales.
Business Development Plan – Gives you a full working plan and strategy to build and expand your office. You can see a working demo in the VR Presentation Videos & PDFs.
Your Own Custom Office Website – You’ll have a website starting with 10 pages for your location which can be expanded to whatever number of pages you like.
Business-for-Sale Website – All of your office engagements have their own business-for-sale website!
Buyer Alert Program – Potential buyers can sign up for the VR Buyer Alert Program, which will send them daily email notification of new businesses for sale that fall within their range of interests.
Proprietary Operating System (MLS) – The BizEx system is VR’s proprietary operating system that links together all VR offices.
VR Marketing Superstore – All the marketing tools and resources including direct mail materials, business cards, letter templates, and a wide range of promotional materials – which you can easily order on-line.
VR Publications – VR has three publications that are focused on three different target audiences to help to reach your market.
Professional Telemarketing Services – VR offers professional telemarketing services to its franchisees through a US-based third-party professional telemarketing company.
Client Relationship Management (CRM) Software
Many of the features described here are explained in more detail in our VR Presentation Videos & PDFs.
You can call VR directly at 800-377-8722 to ask any questions you may have about beginning or improving your career by becoming a VR Business Broker.
VR BUSINESS BROKERS FRANCHISE OPPORTUNITY
VR State of the Company Video by Peter King CEO & JoAnn Lombardi President of VR
You can also view our VR Franchise Webinar Videos here which explain many of the tools and training included in the VR Business Brokers Franchise.
http://www.vrbusinessbrokers.com/franchise with Business Sales Franchises available in the US, Canada, and Worldwide.
You can contact VR Headquarters at 1.800.377.8722 to find out more details about the VR Franchise opportunity for your area.
Annex Brands Offers Tested Franchise Formula to Entrepreneurs
|About the VR Franchise Showcase
The VR Franchise Showcase will support you with your decision in selecting the franchise business that’s right for you. When you are making a career decision that involves investing your own money, you want the best advice that you can receive. With only one shot at making this the right decision, it’s important to have the most competent people on your team. Learn more about how the VR Franchise Showcase can fulfill your professional and financial goals as a franchise owner today by calling 1-800-377-8722!
About VR Business Sales
VR Business Sales is the world’s premier business intermediary firm.
With a combination of global strength and local experience, VR’s 30 years of successful business sales through Valued Representation, is the reason more and more business buyers and sellers demand our proven skills and resources to help them succeed in an increasingly complex market.
VR specializes in the sale of privately-held companies and offers a multi-service approach to matching buyers’ interests, goals and desires with the right businesses. VR Business Sales is committed to a diversified menu of business advocate services, with more than 130 locations. Consequently, we have proven our value to business clients across the country and around the globe.
For more information about VR Business Sales, please call 1-800-377-8722.
Larry Lane, Owner of the VR office in McKinney, Texas, was recently showcased in the Dallas Morning News, offering useful recommendations to small business owners who are looking to sell their business.
In the article, Larry discusses five tips to plan for an exit strategy:
Setting a Timeline
Since it can take more than a year from listing a business for sale to completing the transaction, the best time to sell will always remain when a business has a growing revenue stream with profits at their peak and more untapped potential to have greater success.
Making Sure the Business is Ready
The business should have a diversified customer base where no client makes up more than 15 percent of the total sales. A strong management team should be in place with updated equipment and software.
Focusing on Profitability
Make sure that the business has maximized their profits. Many business owners will instead maximize expenses to minimize profits, which in turn minimize taxes; however, this will turn away potential buyers who focus on profitability. Remember, most business transactions are based on a multiple of earnings.
Learning Business Valuation Trends
Most owners need to be educated in the importance of having a valuation done on their business to avoid offering the wrong asking price.
Understanding Tax Ramifications
Make sure that the business owner understands the full tax implications of a business sale. Have the owner visit an accountant to cover all the odds and ends, and ask him or her if they would consider providing seller financing – this typically defers some taxes and allows for a higher asking price.
Larry saw the potential that VR Business Brokers has to offer, which led him to become a successful business owner of his franchise location in McKinney, Texas in facilitating the buyer and selling of businesses.
For more information about owning your own successful VR Franchise please contact VR Headquarters at (800) 377-872.
For a quick review of the VR Franchise please see the VR Franchise Webinar slideshow presentation