Comments for Venture Point http://venturepoint.wordpress.com Make Venture Point Your Starting Point When Buying Or Selling A Business Sun, 16 Aug 2009 21:54:07 +0000 http://wordpress.com/ hourly 1 Comment on 3 Ways to Boost Your Small Business by Bill Leverette http://venturepoint.wordpress.com/2009/08/16/3-ways-to-boost-your-small-business/#comment-572 Bill Leverette Sun, 16 Aug 2009 21:54:07 +0000 http://venturepoint.wordpress.com/?p=168#comment-572 I found this article to be very interesting. I remember 10 years ago when I started my business I talked to the SBA and another group that the name no slips my memory. I found the SBA to be very supportive and as helpful as they could be, but the business I was starting (automotive service) they didn't know a lot about. I would however, strongly recommend talking to the SBA and gather as much information as possible about the business one wants to start. The more information one can get, the better the decisions will be. I found this article to be very interesting. I remember 10 years ago when I started my business I talked to the SBA and another group that the name no slips my memory. I found the SBA to be very supportive and as helpful as they could be, but the business I was starting (automotive service) they didn’t know a lot about. I would however, strongly recommend talking to the SBA and gather as much information as possible about the business one wants to start. The more information one can get, the better the decisions will be.

]]> Comment on 3 Ways to Boost Your Small Business by On the Money http://venturepoint.wordpress.com/2009/08/16/3-ways-to-boost-your-small-business/#comment-571 On the Money Sun, 16 Aug 2009 21:45:08 +0000 http://venturepoint.wordpress.com/?p=168#comment-571 Nice bit of helpful information sharing! These are certainly tough times for businesses of all sizes and all help is to be welcomed. Nice bit of helpful information sharing! These are certainly tough times for businesses of all sizes and all help is to be welcomed.

]]> Comment on Don’t Ignore The Fifth “P” Of Marketing by Mike http://venturepoint.wordpress.com/2009/02/08/don%e2%80%99t-ignore-the-fifth-%e2%80%9cp%e2%80%9d-of-marketing/#comment-487 Mike Sun, 01 Mar 2009 10:33:16 +0000 http://venturepoint.wordpress.com/?p=82#comment-487 Just passing by. Btw, your websites have great content! Just passing by. Btw, your websites have great content!

]]> Comment on Advantages of Buying a Pre-existing Business vs. Starting One Up by sarahhh http://venturepoint.wordpress.com/2006/05/08/advantages-and-disadvantages-of-buying-a-pre-existing-business-vs-starting-one-up/#comment-469 sarahhh Thu, 12 Feb 2009 07:10:52 +0000 http://venturepoint.wordpress.com/2006/02/21/advantages-and-disadvantages-of-buying-a-pre-existing-business-vs-starting-one-up/#comment-469 i just dont understand :( i just dont understand :(

]]> Comment on What Is “Branding” And Why Should I Care? (Part 1) by Guest http://venturepoint.wordpress.com/2008/11/19/what-is-branding-and-why-should-i-care-part-i/#comment-466 Guest Wed, 19 Nov 2008 19:56:39 +0000 http://venturepoint.wordpress.com/?p=67#comment-466 Excellent topic. Excellent topic.

]]> Comment on The Importance Of A Business Plan by J Robertson http://venturepoint.wordpress.com/2007/12/06/the-importance-of-a-business-plan/#comment-453 J Robertson Sun, 08 Jun 2008 17:51:48 +0000 http://venturepoint.wordpress.com/2007/12/06/the-importance-of-a-business-plan/#comment-453 Hey, thanks for posting this... it helped me out a lot. I never knew a business plan was so important. Hey, thanks for posting this… it helped me out a lot. I never knew a business plan was so important.

]]> Comment on Advertising Your New Business by Lynn Cissna http://venturepoint.wordpress.com/2006/08/12/advertising-your-new-business/#comment-354 Lynn Cissna Thu, 06 Sep 2007 14:52:34 +0000 https://venturepoint.wordpress.com/2006/05/12/advertising-your-new-business/#comment-354 Direct Mail Works! The most important ingredient in your advertising campaign is reaching your best prospects. Give us a profile of your current customers and we can provide mailing lists to increase your customer base! If you are targeting businesses, we offer selected demographics by industry type, employee size range, business owners by name,telephone numbers and more. Professionals by license type. Real Estate. Nursing. Teachers by class year or subject. Doctors by specialty. Are you targeting the consumer at home address? Select by age, income, home value, children present, married, etc. MAILING LISTS AND SALES LEADS SINCE 1976! CALL: 800-551-LIST (5478) Direct Mail Works!

The most important ingredient in your advertising campaign is reaching your best prospects. Give us a profile of your current customers and we can provide mailing lists to increase your customer base!

If you are targeting businesses, we offer selected demographics by industry type, employee size range, business owners by name,telephone numbers and more.

Professionals by license type. Real Estate. Nursing. Teachers by class year or subject. Doctors by specialty.

Are you targeting the consumer at home address? Select by age, income, home value, children present, married, etc.

MAILING LISTS AND SALES LEADS SINCE 1976!
CALL: 800-551-LIST (5478)

]]> Comment on Advantages of Buying a Pre-existing Business vs. Starting One Up by Karen http://venturepoint.wordpress.com/2006/05/08/advantages-and-disadvantages-of-buying-a-pre-existing-business-vs-starting-one-up/#comment-132 Karen Tue, 22 May 2007 15:08:56 +0000 http://venturepoint.wordpress.com/2006/02/21/advantages-and-disadvantages-of-buying-a-pre-existing-business-vs-starting-one-up/#comment-132 This is something that I researched some time ago. I also kept seeing the advertisements and infomercials about free grant money for start-up businesses. Out of curiosity I bought into one of the programs for $12.95 just to see what information I would receive. I was placed on an e-mail list that notifies me of federal grants that come available. Currently I am still on this list, and have yet to see anything for small business start-up or for business expansion. The majority of the grants seem to be for environmental and health issues. I decided to research further by going straight to the horse’s mouth; and called the Federal Grant Department in Washington, DC. I was told that no such grant money exists and that they cringe every time one of these infomercials goes on the air because they are bombarded with calls from people such as myself trying to find out about it. The person that I spoke to went so far as to tell me that they to have a business on the side as well, and that if this money existed they to would be tapping into it. By the way the program that I bought into for $12.95, came with a money back guarantee, I did request a refund. Karen Torbett Venture Point, LLC This is something that I researched some time ago. I also kept seeing the advertisements and infomercials about free grant money for start-up businesses. Out of curiosity I bought into one of the programs for $12.95 just to see what information I would receive.
I was placed on an e-mail list that notifies me of federal grants that come available. Currently I am still on this list, and have yet to see anything for small business start-up or for business expansion. The majority of the grants seem to be for environmental and health issues.
I decided to research further by going straight to the horse’s mouth; and called the Federal Grant Department in Washington, DC. I was told that no such grant money exists and that they cringe every time one of these infomercials goes on the air because they are bombarded with calls from people such as myself trying to find out about it. The person that I spoke to went so far as to tell me that they to have a business on the side as well, and that if this money existed they to would be tapping into it.
By the way the program that I bought into for $12.95, came with a money back guarantee, I did request a refund.
Karen Torbett
Venture Point, LLC

]]> Comment on Advantages of Buying a Pre-existing Business vs. Starting One Up by Bryan http://venturepoint.wordpress.com/2006/05/08/advantages-and-disadvantages-of-buying-a-pre-existing-business-vs-starting-one-up/#comment-130 Bryan Mon, 21 May 2007 20:15:13 +0000 http://venturepoint.wordpress.com/2006/02/21/advantages-and-disadvantages-of-buying-a-pre-existing-business-vs-starting-one-up/#comment-130 I am also looking into financing of a business. I've seen advertisements about "free" federal grant money for people starting up a business. Does anyone know anything about this? I am also looking into financing of a business. I’ve seen advertisements about “free” federal grant money for people starting up a business. Does anyone know anything about this?

]]> Comment on Advantages of Buying a Pre-existing Business vs. Starting One Up by Karen http://venturepoint.wordpress.com/2006/05/08/advantages-and-disadvantages-of-buying-a-pre-existing-business-vs-starting-one-up/#comment-126 Karen Fri, 18 May 2007 00:26:05 +0000 http://venturepoint.wordpress.com/2006/02/21/advantages-and-disadvantages-of-buying-a-pre-existing-business-vs-starting-one-up/#comment-126 Greg, In funding a business the philosophy is to borrow against your money by using someone else’s. So naturally to borrow money you must have money. However, it is still not that easy to borrow money from an institution. They usually want everything including your first born. There is a lot of red tape, not to mention time consuming. This is why quite often people looking to buy or expand their business choose to find other sources for funding; second mortgages, savings, inheritance, credit cards and borrowing from family or friends are all typical avenues used. Also, some people going in business are fortunate enough to have a spouse or a back up income to help hold them up while they get their business off the ground. If you do intend to approach a financial institution for funding you will need a good business plan in place. They will also want to see what level of financial risk you are willing to carry. If one bank turns you down, don’t get discouraged go to another. Be sure to inquire about an SBA loan (small business administration loan). For more information on an SBA loan go to www.sba.gov. Funding for a pre-existing business can be a little easier to obtain. The business will already have a proven track record. You also have the possibility of the current owner financing at least part of the business. And if this is the case, the current owner is usually willing to train not only because they want to see the company or business they worked so hard to build continue to succeed, but it is in their best interest to make sure the new owner can handle the business. If you do go the direction of a pre-existing business, I can’t stress enough to research what it is you’re buying into. From the financials, to the internal operations of the business, it’s reputation with vendors and customers, as well as who are the competition and where are they. Greg, I have answered your question on a condensed version of my own personal experiences. I hope that I have been of some help. If you have any other questions let us know. Please keep in touch; I look forward to you one day sharing your success story with us! Karen Torbett Venture Point, LLC Greg,
In funding a business the philosophy is to borrow against your money by using someone else’s. So naturally to borrow money you must have money. However, it is still not that easy to borrow money from an institution. They usually want everything including your first born. There is a lot of red tape, not to mention time consuming. This is why quite often people looking to buy or expand their business choose to find other sources for funding; second mortgages, savings, inheritance, credit cards and borrowing from family or friends are all typical avenues used. Also, some people going in business are fortunate enough to have a spouse or a back up income to help hold them up while they get their business off the ground.
If you do intend to approach a financial institution for funding you will need a good business plan in place. They will also want to see what level of financial risk you are willing to carry. If one bank turns you down, don’t get discouraged go to another. Be sure to inquire about an SBA loan (small business administration loan). For more information on an SBA loan go to http://www.sba.gov.
Funding for a pre-existing business can be a little easier to obtain. The business will already have a proven track record. You also have the possibility of the current owner financing at least part of the business. And if this is the case, the current owner is usually willing to train not only because they want to see the company or business they worked so hard to build continue to succeed, but it is in their best interest to make sure the new owner can handle the business.
If you do go the direction of a pre-existing business, I can’t stress enough to research what it is you’re buying into. From the financials, to the internal operations of the business, it’s reputation with vendors and customers, as well as who are the competition and where are they.
Greg, I have answered your question on a condensed version of my own personal experiences. I hope that I have been of some help. If you have any other questions let us know. Please keep in touch; I look forward to you one day sharing your success story with us!
Karen Torbett
Venture Point, LLC

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