VR Business Brokers Franchise | Brokerage for Business Sales

Posts Tagged ‘Best Franchise Business’

Hundreds of articles, primers, books and opinions have been written on “HOW TO BE A SUCCESSFUL BUSINESS BROKER”.

The basic answer is very simple, it requires working hard and working smart!

Yes, we know everyone considers themselves a “hard worker” as it may very well be, but it really takes hard work and plenty of wisdom and street smarts to be on top of the heap in this business.

Success begins with a plan. It’s important to develop a keen business plan from the start to make sure to stay on the right track to success. After all, you are in your own business as an independent contractor, and how many businesses are you aware of that do not have a definitive business plan. Formulate your plan and diligently work your plan by tunneling your efforts with the right tools and resources made available.

Surround yourself in a work atmosphere that provides a good quality work environment like that found in a VR Business Sales office (see link at end of article). All the resources are readily at your fingertips. Each VR office owner has proven career successes combined with a deep rooted entrepreneurial spirit that create an aura of excitement to be around. If you maintain the same deep rooted enthusiasm and creative deal making skills as the owner with whom you affiliate, your own successes will prevail.

Continually develop strong business relationships and prospect every day. Every person you meet will eventually consider selling or buying a business, when they do, it will be you they think about first. Develop centers of influence and referral networks. Focus on your needs and work your plan to accomplish on what you expect to get out of the business. You will only get back what you put in to the business; work a true forty hours per week and make every minute productive in obtaining listings. Good saleable listings must be kept foremost in your mind by establishing solid criteria of what you and your office are willing to work on. Only work on Sole and Exclusive Listings that are priced right.

Know your success ratios and work your ratios every day. These are good management skills that will pay off in the long run. You should know how many prospecting calls you need to make to attain your listing goals as well as how many buyers you need to speak with to get an offer. If fifty per cent of the offers you write do not go into a contract you are doing something wrong and need to start from the beginning analyzing your practices, work-habits, taking responsibility for your practices. Every two contracts should have a conversion ratio of one closing…Pay Day!

All aspects of the industry must be taken seriously and constant education in your field of endeavor by taking courses and attending seminars. Read anything related to the industry and regularly take motivational and self-help courses. Master negotiation skills and fine tune your skillset. Always do the right thing. Don’t procrastinate, there is no perfect situation.

By preparing for every situation prior to the engagement appointment to first time buyer meetings, you will demonstrate a command of presence for which you will always be recognized. Be a peer to your client and customer contacts, explain in one statement why you are the one to work with and what you bring to the table. Thinking outside the “box” will make you a deal maker standing ahead of the pack as you mature in the business.

Continually pay attention to the basics, be responsive and stick to your objective:

Make money

Meet People

Join Organizations

Ask for Referrals

Contact Sellers Regularly

Delegate as Much Computer Work as Possible

Practice Healthy Living by taking time for yourself and family.

Always think positive, think big and think Valued Representation.

VR Business Sales and Mergers & Acquisitions provides the best opportunity for having a successful business brokerage office of your own.

For more details please contact our Director of Franchise Development at 800-377-8722

or visit  http://www.vrbusinessbrokers.com/franchise/VR-Franchise-Opportunity/VR-Business-Franchise.html
or http://vrbusinessfranchise.com/360/vr-business-franchise-opportunity-details/

Understanding Your Strengths and Weaknesses before Buying a Business

by Peter King, CEO of VR Business Sales

Finding the Right Business for You

by JoAnn Lombardi, Pres. of VR Business Sales

About VR Business Sales

VR offers the best training and support toward opening and succeeding with your own business brokerage office.

Upon joining VR you will be trained on how to…

• Build an inventory of best quality businesses to sell
• How to  establish the correct value and price for a business
• How to structure business transactions to best maximize value
• How to prepare  a VR Business Profile
• Best methods to launch a marketing campaign for your new VR office
• Learn to educate buyers and sellers on how the transaction process works
• Work and structure financial statements for privately-held companies
• How to help with negotiations to achieve a successful transaction
• How to prepare all the necessary documentation
• Provide a successful due diligence process

And of course… how to successfully close business sales transactions!

To find out specific answers about how you can best fit into the VR Team you can speak with our Franchise Development Team to learn more about VR and how we can help you succeed in the business brokerage industry.

You can also complete the Confidential Personal Profile (online franchise application) to speed up the process.

Contact our Director of Franchise Development for a personal interview to answer all your questions:

Toll-Free: 800-377-8722  or 954-565-1555

Get more details about the VR Franchise Opportunity from the following links:

Please visit the section on the main VR website about the VR Business Franchise Opportunity

VR Business Franchise Opportunity, which includes more information toward taking the next step in becoming more familiar with VR.

VR Franchise Industry Overview provides information about statistics and demographics about the franchise industry.

The VR Franchise Purchase Timeline describes the steps from initial information gathering, to site selection, to training, to succesfully opening your own VR franchise office.

Initial Training for the new VR Franchise Owner shows you the detailed part of the extensive training for new VR Franchise Owners.

MBI Academy and Recruiting provides the most extensive training program in the world for our full-time professional intermediaries.

The VR Difference find out what sets VR apart from all other business brokerage companies..

VR Franchise Information Request to receive our VR Introductory Information.

Confidential Request for Consideration in the VR Franchise once you’re ready to take the next step toward owning a VR Franchise.

Notice Regarding Franchise Offers Or Sales Disclosure Statement

For more information on how you can become part of the successful VR Business Sales Franchise group call our Director of Franchise Development at Toll-Free: 800-377-8722  or 954-565-1555

Follow News and Events for the VR Business Franchise on Facebook

Go to the VR  BUSINESS FRANCHISE FACEBOOK PAGE

For more information about the VR Business Franchise Opportunity please contact:

Director of Franchise Development
VR Business Brokers | Mergers & Acquisitions
VR Global Headquarters
One East Broward Blvd. Suite 1500
Fort Lauderdale, FL 33301
Toll-Free: 800-377-8722
Phone: 954-565-1555
Fax: 954-565-6855

Featured VR Business Franchises For Sale in various US locations:

Business Sales Franchise, Chicago

Buy a VR Business Sales franchise in Chicago, where the area has been rated as having the most balanced economy in the United States, due to its high level of diversification. The Chicago metropolitan area has the third largest science and engineering work force of any metropolitan area in the nation. 
Read more about this Business Franchise For Sale…

Business Sales Franchise, Ft. Lauderdale

Are you done spending countless hours going through available business opportunities that are nothing but scams and dead ends? Are you sick of the mindless drudgery pitched to you by one broker after another who cares nothing about your interests and needs? Are you fed up with filling out one NDA after another to the point of nausea? 
More information about this Business Franchise For Sale…

Business Sales Franchise, El Paso

Are you tired of filling out endless NDA forms for businesses for sale that do not meet your interests and needs professionally or financially? Then take this opportunity to contact VR Business Sales on how to buy your very own franchise, helping facilitate the ownership of a business from the established seller to the aspiring buyer!
Read more about this Franchise Business For Sale…

Business Sales Franchise, Washington, DC

As a VR Business Sales franchise owner, you will have the ability to work closely with every office owner as both an advocate and mentor with the right tools and training necessary to compete successfully in the business intermediary industry.
Read more about this VR Business Franchise location…

To subscribe to The VR Business Franchise Newsletter use the form at top of right sidebar.

To find out more about a VR Business Sales or a VR Mergers & Acquisitions franchise, contact us online

or Call  Director of Franchise Development, Toll-Free: 800-377-8722  or 954-565-1555

VR Has Sold More Businesses in the World Than Anyone. ®

Are you involved in Real Estate Sales or are you a Real Estate Broker?
You Should Consider The Advantages Of Selling Businesses and Mergers & Acquisitions through VR Business Sales.

Before Buying a Franchise to be an m&a advisor or becoming a broker to sell real estate, there are several factors to consider in this economy.

Privately-held businesses drive the United States economy. There are over 25 million privately-held businesses alone in United States, which make up over 52% of the United States GDP and 50% of the domestic workforce. The same holds true around the world as privately-held businesses are the economic engine of most countries. With these figures, it only makes sense as a real estate broker to take advantage and start engaging in business sales.

At VR Business Sales, you have the ability to grab hold of a market that’s continually growing, while the real estate industry is continuing to bottom out. As a VR Business Sales intermediary, you will capitalize in an industry that’s full of lucrative opportunities.

Average Commission

Every VR Business Sales intermediary receives, on average, a 10% commission per sale, while the rate for real estate brokers falls around 6% – according to the National Association of Realtors (NAR).

Average Sales Price

The average sales price per business at VR Business Sales is $470.000, while most homes run lower around $200,000.

Average Sales Cycle

You will find at VR Business Sales that 5 to 8 months is the average sales cycle for an engagement, while Realtors see a house sell in 12 to 15 months.

Average Splits

The average split at VR Business Sales is 50/50, while NAR office owners see the short end of a split closer to 90/10.

Minimum Commissions

At VR Business Sales, every office receives a minimum commission on a deal, ranging anywhere from $10,000 to $25,000. Generally, real estate brokers do not receive a minimum commission, as it depends on the stipulations of the sale.

Earning Potential (Top of Price Range)

Any VR business intermediary has the potential of selling listings up to $160 million in value, whereas real estate brokers have only a limited roof of what they can achieve financially.

Average Office Sales

Taking into account every M&A office surveyed in the business brokerage industry, the average sales per office computes at over $1 million, while real estate brokers in NAR have seen their office sales plummet to below $500,000 annually.

Average Annual Earnings

Business sales intermediaries average $179,000 annually in earnings, while real estate brokers earn a fraction of that amount at a little under $48,000.

Inventory Turnover

The success rate at VR Business Sales is quite high, with 1 out of 2 businesses closing. Real estate brokers have a substantially lower inventory turnover rate with 1 out of every 14 real estate listings closing.

Market Potential

Economist Robert Avery from Cornell University estimates that $10 trillion of assets and over 12 million privately-held companies will be transferred as Baby Boomers start to retire. Other estimates predict that 10,000 Baby Boomers will become eligible for Social Security every day with 80 million retiring over the next two decades. This only makes VR Business Sales a more logical and profitable opportunity over selling real estate.

Most real estate brokers don’t realize the full potential of facilitating the sale of a business. Especially with the current real estate crisis here in the United States, why struggle when you can seize the advantages at VR Business Sales?

CAPITALIZE ON THE VR BUSINESS SALES OPPORTUNITY

Investigate your marketplace. Are there privately-held business owners receiving professional representation when trying to sell their business? If not, do you believe that as a franchisee in the VR Business Sales organization you can offer Valued Representation to business owners, and pride yourself at becoming the premier firm in your market

If you see the need to help those business owners, and develop a career in business you can be proud of, learn more about how you can fulfill your professional and financial goals at VR Business Sales today!

For more information about this unique opportunity please contact:

Toll-Free: 800-377-8722  or 954-565-1555

Director of Franchise Development
VR Business Sales, Mergers & Acquisitions

VR provides a Free Weekly Webinar covering all important aspects of the VR Business Franchise Opportunity.

To Join the next Webinar click here for webinar schedule.