Other Services
Fraud Mitigation & Loss Recovery Services
Have you bought a business and gotten a raw deal? Feel like you have been defrauded? If so, Business Owner Services may be able to help with our FRAUD MITIGATION, LOSS RECOVERY and other services!
If you have purchased a business or made an investment and discovered, after the fact, that you were lied to, then it is more that likely that fraud was committed by the seller.
Our legal council and/or the financial experts for your type of business or investment, can review the documents and determine what was actually delivered to you. An honest evaluation can be made as to the probability of recovery of any losses and what must be done to get such a recovery.
You are always told the truth. Suggestions are made as to how the loss can be minimized or how litigation against the seller could be financed. A contingency legal council can be located for you, if possible.
If the fraud was from the transfer of a business, an analysis of the business will be made to determine how the business can be turned around so that it produces the income that was originally expected.
Due Diligence
Do you plan on buying another business? Do buyers make mistakes when buying a business? In a word... Yes!
The 2nd biggest mistake a buyer makes is not finding out why the seller really wants to sell his or her business.
When purchasing a business, it is important to look for what problem(s) the seller is having that he cannot solve. People rarely sell businesses just to retire. There is almost always some problem they cannot solve. It may be a physical condition they have or an emotionally upsetting situation, employee problems, legal actions, a profitability issue, or it just might be the competition is cutting their throat.
The job of a buyer or his financial consultant is to find out why a seller really wants to sell. Why does the seller want out, this year, rather than 5 years ago or next year? When you find the answer to the sellers motivation, you can then determine the true value of the business and the validity of the information you are getting from the seller. You can also then figure out if the problem is fixable; by you or any one else. If you are just buying the sellers problem, and cannot fix them, you are not going to be successful in that business.
So, what is the number one mistake a buyer makes when buying a business? It is, unfortunately, accepting what the seller tells them as the truth, which results in not continuing to do the vital and necessary due diligence!
Assistance Increasing Sales
Want more customers buying your products and services?
There are two sources for more business. One is get more business from people you know and the other is find new customers and prospects.
The cost of locating new customers has been determined by major marketing firms to be 5 times the cost of getting business from existing or past customers.
We can help you collect the names of the people you know and then help you contact them in an efficient manner that will get them interested in your products and or services.
As part of this you need a simple, low cost survey to find out what they will buy that you can deliver.
We can assist you with putting together an affordable business promotional package.
Business Debt Collection & Negotiation Service
Collection agencies are operating on the idea that if they talk to debtors, they can scare them into making payments. Sometimes that works. But when the debtor is not making money it doesn't work.
If the collection agency takes the time to investigate if the debtor owns real estate or have a job, they remain interested in working on the action of collecting your money. If not they lose interest. Business owners know more about their debtors than any collection agency does. They know if the business is still operating. They also know if there are any assets that the debtor has to go after or not.
We can assist you in determining possible ways to collect money owed to you and assist you to take those actions. You then get to keep most of your money collected rather than the 50 to 70% the collection agencies give you.
Business Debt Negotiations
Do you owe everyone in town money? Having collection agents calling you for payment?
Having trouble paying the rent? We can assist you in negotiating with the people you owe money to so that you can stay in business. We can help!
For more information on any of our services, please
Contact us
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You can also call us at:
800-864-0420
