Richard Parker Offers Tips on Purchasing Undervalued Business at a Great Price

Released on: April 28, 2008, 1:26 am

Press Release Author: Success Insiders

Industry: Financial

Press Release Summary: Richard Parker has purchased and sold many businesses.
Through his experience, he has developed a program for helping others purchase
existing businesses.

Press Release Body: He was recently interviewed by Lance Hood, co-founder of Success
Insiders Millionaire's Club. Lance was so impressed with Richard that he made him a
featured expert on his membership site at http://www.successinsiders.com/ , where
members can log on and ask questions or find out how to attend teleseminars.

The question Lance Hood has is why would a person sell a business if it was doing so
well? Richard gave many examples including death, divorce, illness, retirement,
boredom or financial strategy. Maybe they've been so successful that they just want
to take a break, go on a long vacation, then come back and start something new.
There are many valid reasons for selling businesses.

Richard looks for motivated sellers when he's looking to buy a business. Oftentimes,
people own a good business, but it's not great. The owner is bored and he lacks the
ambition to improve the business and build it into what it could be. The level of
motivation of a seller impacts and influences the price to offer. Parker explains
other parameters that determine value, including the element of risk involved with
the business, the level of profit it brings in, the amount of work it takes to run
and the benefits the business offers to customers. Is the business something that is
in demand? Or is it something that is becoming obsolete, thus no longer much of a
benefit? These are some things to consider when purchasing a business.

Richard suggests finding business for sale on the internet, in classified ads,
networking with other business owners and going to seminars and workshops. There are
thousands of small businesses in the US; just getting the word out that you are
looking to purchase a business is a good way to find motivated sellers looking to
sell theirs.

Visit a Team of Experts, including Richard Parker, who are willing to share their
Insider knowledge on how to create wealth in all areas of your life
http://www.successinsiders.com/home.html


SuccessInsiders.com is committed to helping people succeed, both personally and
professionally, by providing them with interactive access to an ever growing team of
Millionaires and Experts in wealth creation and personal development. By following
the guidance and strategies, through interviews, expert Q&A, telecoaching and other
resources offered by people who have already succeeded, a person's chance for
success is greatly increased.

CONTACT INFORMATION:
Heather Thomas
(641) 715-3900 ext. 7576941
support@successinsiders.com

This Press Release has been submitted by PREasy.com
Research, Investment, Buying Business, Business Brokers, Chambers of Commerce,
Making Money, Wealth, Business Skills


Web Site: http://www.successinsiders.com/

Contact Details: Success Insiders
Address: P.O. Box 13402
City: Des Moines
State: IA
Country: USA
Zip : 50310
Phone: (641) 715-3900 ext. 7576941

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