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stanislaus
Apprentice
Joined: 07 Sep 2006
Posts: 5
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 Posted: 05/06/08 - 05:49 Post subject: |
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| I have a business for quite some time and it has been spreading and going really well overall. It seems to me that it is time to make a new business acquisition. However, I do not have experience with business purchasing, so if anyone could give me a suggestion about what is the best way to finance the acquisition, that would be great. |
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fritz
Apprentice
Joined: 10 Feb 2006
Posts: 10
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| Posted: 06/04/08 - 23:49 Post subject: |
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| When buying another business it is usually pretty common not to pay from your pocket for it. You can purchase a majority of the company, but you should also try to finance that from some other source. For example, you could take a commercial loan. It is pretty common way of dealing with the costs of an acquisition and I think it is the best one you can choose. It has been a choice of many experienced business purchasers. You can find some more info about it at http://www.business-sale.com/nresourcefunding.html. |
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mathew41040
Apprentice
Joined: 11 Jun 2008
Posts: 9
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| Posted: 06/20/08 - 04:44 Post subject: |
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| fritz wrote: | | When buying another business it is usually pretty common not to pay from your pocket for it. You can purchase a majority of the company, but you should also try to finance that from some other source. For example, you could take a commercial loan. It is pretty common way of dealing with the costs of an acquisition and I think it is the best one you can choose. It has been a choice of many experienced business purchasers. You can find some more info about it at http://www.business-sale.com/nresourcefunding.html. |
I am agreed with fritz. |
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mathew41040
Apprentice
Joined: 11 Jun 2008
Posts: 9
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| Posted: 06/20/08 - 04:46 Post subject: |
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| I am agreed with fritz's suggestion. |
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