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Now
could be the best time to sell your business!
Here
is why:
High
unemployment rates have flooded the market with high net worth individuals
who can't find a similar salaried job that they previously held
and their American dream has been to own their own business one
day. That day has come and many are committed to purchasing.
Lenders
have begun to finance business transactions again. Starting around
October 2009, the SBA loosened its requirements for backing business
loans. With that, literally thousands of Lenders came back into
the market.
Capital
gains and ordinary income taxes will go up in 12 to 24 months. If
capital gains taxes increase 5% to10% and ordinary income taxes
go back to the pre-Bush levels of 39.6% (top income bracket) then
business owners after tax proceeds may be higher this year than
if they wait a few years for the company value to go back up.
VR
Mergers and Acquisitions Charlotte ( www.vrcharlotte.com
) was founded in 1996 by Brad and Jay Offerdahl, and over this
period they have collectively sold more businesses and generated
more revenue than any other VR office.
VR
Mergers and Acquisitions is an international franchise organization
specializing in the sale of privately held businesses.

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VR
Charlotte Completes Sale of Association Management Solutions
VR Mergers and Acquisitions Charlotte, one of the top VR offices
in the nation, completed the strategic sale transaction of Association
Management Solutions. A provider of property management services
and support to homeowners associations, AMA is conveniently located
in the greater Charlotte area. New owner Alan Staten will continue
operating AMA under the same name with its' current experienced
team of professionals.
VR represented the seller throughout the transaction and notes,
“despite the economic downturn, good business opportunities exist
for the true entrepreneur. Association Management Solutions is an
excellent example. It is a well run, successful, niche company on
a strong upward trajectory, positioned for a new owner to take to
the next level.”
The completed
business transaction of AMA is one of a number of closings for this
Charlotte business brokerage. When discussing the potential capital
gains tax increase, Brad Offerdahl , president of VR Mergers &
Acquisitions Charlotte, commented “in our opinion, with the change
in administrations, there is a good chance that by late 2010 or
early 2011 the capital gains tax and ordinary income tax will go
up significantly from today's 15% level. Now is the right time to
sell your business.”
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