There is no doubt that the COVID-19 situation seems to change with each and every day. The disruption and chaos that the pandemic has injected into both daily life and business is obvious. Just as it is often difficult to keep track of the ebbs and flows of the pandemic, the same can be stated for keeping up to speed on the government’s response and what options exist to...Read More
When a business owner connects with a buyer, there is an information exchange that happens between the parties that give each the confidence to take the next step in the buying process. And keep the deal moving toward closing.
For the seller, they want to have the confidence the buyer can obtain needed financing and has the creditworthiness to spend needed time and experience with them.
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.
Google reviews can give businesses a big credibility boost without...Read More
It was a rough start for 2020 and business owners everywhere are wondering what the future holds. In this video, Tim Bellon, VR Business Broker offers his perspective on what the last 6 months has meant to business value, and maybe more importantly, how to navigate the rest of the year and beyond. Can you still exit your business in 2020?
See the discussion between Tim and Brian Barquilla of...Read More
When contemplating the sale of a business, an important option to consider is seller financing. Many potential buyers don’t have the necessary capital or lender resources to pay cash. Even if they do, they are often reluctant to put such a hefty sum of cash into what, for them, is a new and untried venture.
Why the hesitation? The typical buyer feels that, if the...Read More