Why Use VR When Buying or Selling a Business
Sometimes buyers wonder why an educated seller uses an intermediary to sell a quality business.
Here are some of the reasons smart sellers engage a Professional Business Intermediary and engage Valued Representation through VR.
Worlds’ Premier Network
VR has offices stretching coast-to-coast in the United States and successful locations in Europe and South America. Our global economy has access to small and mid-size businesses through VR.
Through our proprietary Intranet system, VR is able to market your business directly to every office inside our organization and a multitude of business for sale websites. Our own site www.vrbb.com gives exposure to your business through the most professional presence on the web today.
While competitors consider this an industry, VR has made it our profession since 1979. Through the experience of selling hundreds of thousands of businesses, attracting the most qualified people, and having a corporate culture that puts emphasis on education, you can rely on your VR intermediary to be the best individual available to aid you in the transaction.
VR intermediaries are professionally trained at the VR Corporate Offices and are supported after initial training through a VR professional mentor. The VR Master Business Intermediary Academy offers the most superior training in our profession today and has produced outstanding results for our clients.
Owners ask us to introduce only qualified buyers to their business. Based on our knowledge of buyers’ and sellers’ needs, we can match the right buyer with the right businesses and suggest sources of financing if needed, through our financing relationships.
We realize the importance of maintaining confidentiality and the negative effects a breach in this relationship may cause to the value of a business. We have a competitive advantage over the owner selling his or her own business since they have great difficulty keeping the sale process secret from key employees, customers, suppliers, and competitors. If any of these people learn that the owner is contemplating a sale, the business value can be damaged.
It can take a business owner several years to sell without a professional business intermediary and Valued Representation. If the owner spends most of his or her time trying to sell the business instead of actively managing it, profits and its’ value of the business can decrease.
We obtain information from the seller and the proper documentation needed is given to the buyers so they can successfully proceed to purchase the business.
Our sellers know that we will not knowingly misrepresent their business to the buyer. They also know that we won’t mislead them when a fair offer comes in. We approach selling each business as if we are selling our own. VR works side-by-side with the seller and guides him or her through the process, until he or she reaches their goal to obtain a fair price from a qualified buyer.