We at Vested Business Brokers had the pleasure of meeting with Shawn Perot. Shawn is an outstanding entrepreneur. At Vested Business Brokers we pride ourselves on helping entrepreneurs achieve their goals. Enjoy the read!
As a business owner, you have learned what it takes to build and run a profitable business. Countless hours, years of your blood, sweat, and tears to grow a successful business.As a business owner, you truly understand the definition of sacrifice.So when the time comes and you are ready to enjoy the fruits of your years of hard work, do you know how to sell your business expeditiously and get paid what it is worth?
Vested Business Brokers was established in January of the year 2000 with a mission of helping entrepreneurs buy and sell privately held profitable businesses over the internet.Since the inception of Vested Business Brokers, this company has assisted in over 1400 buy-sell transactions.Vested Business Broker clients attest to the fact that Vested Business Brokers has developed a proven system for entrepreneurs of fulfilling the American dream of owning your own business and then being able to cash out. Vested Business Brokers is made up of trained, knowledgeable and dedicated business people who are highly skilled in business evaluations and the art of fair business negotiations. Vested brokers professionals work diligently with a buyer and a seller through the entire process of the buying and selling of a business.A Vested broker, along with a business owner, will determine the true value of the business to determine the proper price that a business can be marketed.Proper pricing of a business is critical in reaching optimum financial results for the seller and a fair and honest deal for a buyer.
The Vested Business Brokers database contains over 250,000 qualified buyers that have been profiled and pre-matched by industry specific markers. This extensive profiling will match a business with prospective buyers from all over the world with a click of a button.When a Vested buyer is interested in a business, the Vested broker is notified instantly in real time via “brokernet” the Vested Business Brokers technology platform. Once notified, the broker then takes control of the process from the point of initial delivery of information, introduction of principals, negotiations, due diligence, consultations, and all meetings that are necessary to bring about a successful transaction.
Vested Business Brokers is the broker of choice by entrepreneurs worldwide.According to BizBuySellwww.bizbuysell.com, currently the largest marketplace in the world to buy or sell a business, Vested Business Brokers is their largest privately held non-franchised business brokerage firm in the USA.Vested Business Brokers is also one of the contributors to the tremendous success of BizBuySell. Knowledge, experience, and the proven track record of Vested Business Brokers is what makes this the company of choice for the entrepreneurthat is ready to buy a business or sell the business that they worked hard to build. Vested Business Brokers gets the deal done.
Attention all small business owners and people who want to own a small business…There’s a great event that will be taking place on May 10, 2012 at the Penn Plaza Pavilion in NYC. It’s the Small Business Expo and you HAVE to attend!
Here are some of the things you’ll learn when you attend the Expo…
How to Market Your Small Business Online
The Importance of Having Effective Collateral Material
How to Get Higher Rankings in the Search Engines
How to Create an Effective Business Plan
How to Finance Your Business
How to Insure Your Business
All of this knowledge will be in ONE place on May 10th 2012! Our team at Vested Business Brokers will be there and so should you.
Vested Business Brokers owner and CEO, Nathan Goldstein, recently spoke before a group of entrepreneurs at the Small Business Administration (SBA). This lecture is offered in 4 parts in the videos below…
Topics discussed in Part 1:
The importance of loving what you do
The factors to look for when buying a business
Advantages to owning your own business
The step-by-step process of finding, negotiating, and buying a business
Topics discussed in Part 2:
The importance of sellers being honest and accurate with buyers
The due diligence process
The importance of keeping good books and records in business
The value of business scalability
The concept of multiples and how it effects the sales value of a business
What is owner’s discretionary cash flow?
Why absentee businesses sell at higher multiples?
Topics discussed in Part 3:
How to finance the purchase of a business through the SBA or through seller financing
Why you should hire a forensic accountant when buying a business
The art of making a deal
Who pays the broker’s fee
Topics discussed in Part 4:
Advice on how to proceed through the business buying process
A creative way to keep the seller “honest”
How to get brokers to compete for your business
The importance of being a prepared buyer
The “Letter of Intent” and the “No Shop” clause
Your most important adviser
How to spot a bad deal
If you need more information on buying a business and/or you want to know more about the businesses for sale in the Vested Business Brokers’ database please feel free to call us at (877) 735-5224.
One of the easiest ways to increase the value of your business is to upgrade your collateral material. In this video, owner and CEO of Vested Business Brokers, Nathan Goldstein discusses this important yet often overlooked part of any company…
Is Your Collateral Material Up to Date? If Not, You Are Seriously Limiting the Value of Your Business…
This is Nathan Goldstein and I am the CEO of Vested Business Brokers. We help people buy and sell privately held businesses. Somebody came to me today and they asked, “What is the single biggest mistake that you see in small business today?”
Without a doubt, hands down, it is collateral material.
The sad truth is that most small businesses have very weak collateral material. This is an unfortunate mistake because a business’ collateral material is what a business uses to tell the world what they do for a living.
Many times I will go into a listing, I will sit down with the owner and he’ll tel me about his business then he will turn around and tell me that his sales are in a decline. When I hear this the very first thing I ask him is, “Could you please show me your collateral material?”
Typically, the business owner will then go to the top of the file cabinet and he’ll blow dust off an old brochure that was created by his Uncle Harvey in 1963. Then I’ll learn that this is the only collateral material this business has.
Really? Are you kidding me? I mean, we are looking to build enterprise value. If you are going to work every single day, you might as well go to work. My very dear friend Robert says, “Either go big or go home.” I live under that presence and I can tell you that if you don’t have the right collateral material, then you are NOT “going big” at all.
So get your collateral material right, there are a lot of great websites out there that can help you with that. In fact, there is one called 99Designs.com where artists compete on your project and create your collateral material.
The goal here is for you to build enterprise value in your organization so that when you come to us and ask us to sell it we don’t have to say, “Can we see the collateral material?” Because we know that the collateral material that you are using for your business is very powerful.
Don’t make the mistake that other entrepreneurs have, keep a keen eye on your collateral material and you will be very successful.
As always, we here at Vested Business Brokers are very interested in helping you increase the value of your business. Please let us know how we can help you. Call us at (877) 735-5224 to speak with an experienced business broker.