When selling a business, sellers should understand that both what they hope to accomplish in the sale of their business and the structure of the actual sale can dramatically influence the asking price.
https://www.vrbbcharlotte.com/price-or-terms-the-structure-of-the-deal/
#businessowner #sellabusiness #smallbusinessowner #businessplanning #businessopportunity #smallbusiness #charlottesmallbiz #ncbusines
VRBBCHARLOTTE.COM
Price or Terms: The Structure of the Deal - VR Business Brokers of Charlotte, NC
NEW ENGAGEMENT: 18-Year-Old DIRECT MARKETING FRANCHISE
The franchise is one of the original direct mail advertising organizations in the nation. They have been mailing beautifully-designed marketing pieces to homeowners for over 30 years and boasts an average year-over-year client retention rate of 80% +. The business is a "work from home" business and offers flexibility and many lifestyle benefits.
https://www.vrbbcharlotte.com/listing/direct-marketing-firm/
#ncbusinessopportunities #entreprenuer #ncbusiness #charlottesmallbiz #smallbusinessowner #franchisebusiness
#franchise #beyourownboss #marketingbusiness
Considering Generational Strategies - When you are buying or selling a business, you might very well end up making a deal with someone from another generation. Therefore, it only makes sense to take the time to understand that individual’s background and how that might cause behavioral differences.
#smallbusiness #smallbusinessowner #smallbusinessowners #ncbusiness #smallbusinesstips #charlottesmallbiz #smallbizowner #entrepreneur #smallbizforsale #sellmybusiness #ncbusinessopportunities #exitplanning
https://www.vrbbcharlotte.com/considering-generational-strategies/
VRBBCHARLOTTE.COM
Considering Generational Strategies - VR Business Brokers of Charlotte, NC
ENGAGEMENT: This BEAUTY SKINCARE SPA operates in a 1,000 square foot, state of the art facility where the owner emphasizes a small, private atmosphere. All treatments are by appointment only which eliminates any wait time and allows the client to go directly to the treatment room. This has especially helped with growing the male clientele. There are three treatment rooms with room to grow a fourth treatment room.
https://www.vrbbcharlotte.com/listing/beauty-skincare-spa/
#smallbusiness #ncbusiness #entrepreneur #beautybiz
#smallbusinessowners #skincare #spaprofessionals
#skincareprofessionals #spaowners #Charlottebiz #businessopportunity
HOW SHOULD YOUR COMPANY DEAL WITH AN ORPHANED PRODUCT?
Keeping a product or service around that isn’t pulling its weight might prove to not be a very good idea. You may have invested a good deal of time and resources into its development, but if that product or service is no longer contributing to your bottom line, it might be time to cut it loose.
https://www.vrbbcharlotte.com/how-should-your-company-deal-with-an-orphaned-product/
#smallbusinessowner #smallbiz #charlottesmallbiz #businessowner #businessplanning #businessstrategy
#businesstips #entreprenuer #smallbiztips
VRBBCHARLOTTE.COM
How Should Your Company Deal with an Orphaned Product? - VR Business Brokers of Charlotte, NC
CONTEMPLATING YOUR EXIT: A LEGAL PERSPECTIVE
Join Adam Petricoff and Matt Joyner (partner with deal attorneys Bishop, Dulaney, Joyner & Abner) in this webinar that will explore legal topics a business owner should be aware of when contemplating an exit, now or in the future.
Our discussion will include: Pre-Deal Preparation, Understanding the Legal Documents, Getting to a Close, and Post-Close Obligations.
To register for this webinar, click on the link.
https://www.vrbbcharlotte.com/webinar/contemplating-your-exit-a-legal-perspective/
*This is an informative webinar. There will be no solicitation of attendees.
#smallbusinessowner #smallbiz #sellabusiness #sellyourbusiness #ncbusiness #sellmybusiness #charlottesmallbiz #businessowner #businessplanning #businessopportunity #charlottebizopportunity #biztips
WHY DOES YOUR BUSINESS NEED GOOGLE REVIEWS?
In today’s business climate, reviews are the differentiator. Years ago, people commonly asked for references when they were vetting a product or service. But these days when people are searching for a local business to work with, they are likely to conduct research on their own and read online reviews.
https://www.vrbbcharlotte.com/why-does-your-business-need-google-reviews/
#entreprenuer #smallbusinessowner #satisfiedcustomers #supportlocal #smallbusinessowners
VRBBCHARLOTTE.COM
Why Does Your Business Need Google Reviews? - VR Business Brokers of Charlotte, NC
Parting with your business is a tough decision to make, and one you want to be well-prepared for. From targeting and vetting qualified buyers to negotiating financial arrangements, there is a lot you need to consider before going to market.
Register for a FREE one-on-one webinar, and learn key takeaways to help you prepare for your business transaction!
https://www.vrbbcharlotte.com/webinar/your-guide-to-selling-a-business/
#smallbusinessowner #smallbiz #sellabusiness #sellyourbusiness #ncbusiness #sellmybusiness #charlottesmallbiz #businessowner
NEW ENGAGEMENT: With over 600 locations, CLUB PILATES is the undisputed leader in this segment. This existing location has built a strong following in a highly attractive area of Charlotte. Owner typically works on the business but is rarely in the unit. Business is fully staffed and is run by a full-time General Manager. Equipment is in excellent condition. Business boasts outstanding Google Reviews.
https://www.vrbbcharlotte.com/buy-a-business/vr-express-listings/
#ncbusinessopportunities #entreprenuer #ncbusiness #charlottesmallbiz #smallbusinessowner #beyourownboss #businessopportunity #pilatesstudio #pilates #PilatesLife #PilatesLovers
NEW ENGAGEMENT: This locally run consignment company has been in business eight years and has established a loyal following and a substantial customer database. They are the proven leader in their market for quality of product and store presentation, service both to the consignor customer and purchasing customer, and a high level of integrity in the way they conduct business.
https://www.vrbbcharlotte.com/listing/home-decor-consignment-store/
#ncbusinessopportunities #entreprenuer #ncbusiness #charlottesmallbiz #smallbusinessowner #beyourownboss #businessopportunity #shoplocal #consignmentstore #resale #consignment
BUYING A DISTRESSED BUSINESS
Before you consider purchasing a distressed business, you absolutely must understand the core reasons for the distresses. Without a proper and detailed understanding of why the business entered a state of distress in the first place, it is impossible to clearly articulate why the business will potentially be valuable in the future. It is essential to be able to convey “what went wrong” and how the problems can be fixed.
https://www.vrbbcharlotte.com/buying-a-distressed-business/
#smallbusinessowner #smallbiz #charlottesmallbiz #businessowner #businessplanning #businessstrategy #buyabusiness #biztips #ncbusiness
VRBBCHARLOTTE.COM
Buying a Distressed Business - VR Business Brokers of Charlotte, NC
NEGOTIATING THE PRICE GAP BETWEEN BUYERS AND SELLERS
It's no surprise that sellers generally desire all-cash transactions; however, oftentimes partial seller financing is necessary in typical middle market company transactions. Furthermore, sellers who demand all-cash deals typically receive a lower purchase price than they would have if the deal were structured differently...
https://www.vrbbcharlotte.com/negotiating-the-price-gap-between-buyers-and-sellers/
#sellabusiness #sellyourbusiness #ncbusiness #sellmybusiness #buyabusiness #biztips
#businessstrategy #smallbusinessowner #smallbizbuyer #charlottesmallbiz #entrepreneur #negotiatingthedeal
VRBBCHARLOTTE.COM
Negotiating the Price Gap Between Buyers and Sellers - VR Business Brokers of Charlotte, NC
BUSINESS OWNERS: Are you thinking about selling? Join us TOMORROW, Thursday, October 29, at 12 Noon for this FREE live webinar.
To register, click below:
https://www.vrbbcharlotte.com/webinar/contemplating-your-exit-a-legal-perspective/
#smallbusinessowner #smallbiz #sellabusiness #sellyourbusiness #ncbusiness #sellmybusiness #charlottesmallbiz #businessowner #businessplanning #businessopportunity #charlottebizopportunity #biztips
THU, OCT 29
CONTEMPLATING YOUR EXIT: A LEGAL PERSPECTIVE
#interiordesign #interiordecorating #interiors #businessopportunity #buyabusiness #design #smallbusinessowner #smallbizbuyer #charlottesmallbiz #entrepreneur #ncbusiness #homedecor #homedesign #redesign #entrepreneur #homeimprovement
CONTEMPLATING YOUR EXIT: A BUSINESS BROKER’S PERSPECTIVE
THURSDAY, FEBRUARY 18, 12 Noon
Join Adam Petricoff and Russell Cohen (Murphy Business franchise owner with over 20 years of business brokerage experience) as they explore how a business broker looks at a deal, and what a business owner should be aware of when contemplating an exit - now or in the future.
To register for this FREE webinar, click on the link.
https://www.vrbbcharlotte.com/webinar/contemplating-your-exit-a-business-brokers-perspective/
*This is an informative webinar. There will be no solicitation of attendees.
#smallbusinessowner #smallbiz #sellabusiness #sellyourbusiness #ncbusiness #sellmybusiness #charlottesmallbiz #businessowner #businessplanning #businessopportunity #charlottebizopportunity #biztips #exitplanning #entrepreneuer
THINKING OF BUYING A BUSINESS? Finding and buying a business that matches your needs isn’t easy. In fact, the decision of which business to buy may end up being one of the most important decisions of your life! View our Six-Step Process of Buying a Business to learn more about what is involved so you are informed - when the time is right.
https://www.vrbbcharlotte.com/buy-a-business/process-of-buying-a-business/
#smallbusinessowner #smallbiz #businessplanning #businessstrategy #buyabusiness #biztips #ncbusiness #ncbusinessopportunities #entreprenuer #ncbusiness #charlottesmallbiz #smallbusinessowner #beyourownboss
3m • Edited • 3 minutes ago
#buyabusiness #smallbizbuyer #homedesign #remodel
#remodelingdoneright #remodelinghomes #charlottesmallbiz #entrepreneur #ncbusiness #homeimprovements #entrepreneur #smallbusinessowner
CONTEMPLATING YOUR EXIT: A WEALTH MANAGER’S PERSPECTIVE
TOMORROW (Thu. Jan. 21) @ 12 Noon
Join Adam Petricoff and Andrew Kittelson (Senior Vice-President of Wealth Management & a Certified Exit Planning Advisor at UBS Financial Services) in this LIVE webinar that will explore financial topics a business owner should be aware of when contemplating an exit - now or in the future.
Our discussion will include: Pre-Exit Planning, Managing Your Wealth, and Prioritizing Things in life that mean the most to you!
To register for this FREE webinar, click on the link.
https://www.vrbbcharlotte.com/webinar/contemplating-your-exit-a-wealth-managers-perspective/
*This is an informative webinar. There will be no solicitation of attendees.
#smallbusinessowner #smallbiz #sellabusiness #sellyourbusiness #ncbusiness #sellmybusiness #charlottesmallbiz #businessowner #businessplanning #businessopportunity #charlottebizopportunity #biztips #exitplanning #entrepreneuer
THINKING POSITIVELY
2020 is done. Tough year for so many. Yet, I find myself thinking positively for 2021, for our clients, for business owners and for buyers. Here is why:
There are additional SBA incentives for buyers from February 1 - September 30 as part of legislation passed in late 2020. Here are some of the details:
• A buyer will have their first 6 months of principal and interest paid for by the US government, with a cap of $9,000/month.
• Guarantee fees normally associated with a SBA loaned are waived thru September 30th, saving a borrower as much as 3.5% of the purchase price
• Lender guarantees from the federal government have been increased from 75% to 90%, which means SBA lenders will be more aggressive in lending. We are already seeing this.
For sellers, it is a GREAT time to sell. Pricing remains very strong for quality businesses. There are more buyers than ever looking to buy and banks are lending aggressively. And there is a shortage of good quality businesses for sale, just like real estate. 2021 is the time to act if you were on the fence or just wanted to get thru 2020.
For buyers, be prepared to buy a business. Get Prequalified by a lender (we can help!). Good businesses are not lasting and there is plenty of competition with other buyers.
Let’s set up a time to talk soon to see how we can help you in 2021!
#2021planning #2021goals #sellabusiness #sellyourbusiness #ncbusiness #sellmybusiness #buyabusiness #biztips #businessstrategy #smallbusinessowner #smallbizbuyer #charlottesmallbiz #entrepreneur #negotiatingthedeal #ncbusiness
