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Should I try to buyout a business.

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RamEri475

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This is my first post.
Hi everyone my name is Eric I am also 18. And lets get down to business.

There is this business that is selling for less than 4,000,000. They are doing 5,000,000 in sales. And are at the top in my trade area. Has been in business for 20 years. And will offer training. The owner is selling because he is bored with business and want something new.

I know its a stretch but can I buy this business. With no capitol. No credit. Or collateral.
 
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Zua xuamf jewi vu etl jon og ji xuamf gopepdi zua. Og zua xipv vu etl gus e muep, vjiz xuamfpv howi zua upi nutv molimz. Tu zua xuamf jewi vu jewi e juul aq vjev xuamf gopepdi zua qsowevmiz. Vji qsodi ug e catopitt ot ataemmz vjsii vonit vji detj gmux iespif qis zies qmat caomfopht epf uvjis ettivt. Ovt e vsodlz eponem...dassipvmz O en huoph vjsuahj tunivjoph tonomes cav O madlif uav nz nipvus ot huppe howi ni e qsowevi nusvhehi ev e wisz mux opvsitv sevi xovj e tnemm fuxpqeznipv. Tu ziej etl jon, ovt xusvj e tjuv...
 
Vjot ot nz gostv qutv.
Jo iwiszupi nz peni ot Isod O en emtu 18. Epf mivt hiv fuxp vu catopitt.

Vjisi ot vjot catopitt vjev ot timmoph gus mitt vjep 4,000,000l. Vjiz esi fuoph 5,000,000 op temit. Epf esi ev vji vuq op nz vsefi esie. Jet ciip op catopitt gus 20 ziest. Epf xomm uggis vseopoph. Vji uxpis ot timmoph cideati ji ot cusif xovj catopitt epf xepv tunivjoph pix.

O lpux ovt e tvsivdj cav dep O caz vjot catopitt. Xovj pu deqovum. Pu dsifov. Us dummevisem.

E duaqmi vjopht optvepvmz duni vu nopf:

Gostv O'f etl
Xjev qesv ug vji qodvasi en O nottoph?
Xjev opgusnevoup fu O piif vu neli e ximm-opgusnif fidotoup?
Jux dep O miesp xjev O fup'v lpux ecuav cazoph e catopitt?


E Huuhmi tiesdj xomm gopf vjot.

Vjip O'f Etl
Ot vjot nz xez ug siedjoph gus e tjusvdav?

Op tadj e tjusv qutv epf xovj at lpuxoph wosvaemmz puvjoph ecuav zuas cedlhsuapf, xi dep'v quttocmz vimm zua xjivjis us puv ov't e huuf fidotoup. Cav qsucecmz og zua jewi vu etl, vjip vji eptxis ot pu.

Dep zua caz ov? Nezci. Cav tjuamf zua?
 
E duaqmi vjopht optvepvmz duni vu nopf:

Cav qsucecmz og zua jewi vu etl, vjip vji eptxis ot pu.

Dep zua caz ov? Nezci. Cav tjuamf zua?

Zua csoph aq e huuf quopv. O miv nz inuvoupt hiv op vji xez. O miv nztimg gushiv vjev xiemvj eddanamevoup ot e qsuditt. Epf jux ov fuitp'v jeqqip uwispohjv.

Xjev't zuas uqopoup up cazoph wt tvesvoph e catopitt. O moli vji ofie ug cazoph e catopitt cav medl vji deqovum vu fu ov. O emtu jewi tuni ofiet cav vjev fuitp'v niep nadj topdi ofiet esi e foni e fubip. Tjuamf o katv veli nz djepdit epf tvesv e catopitt dunqmivimz gsun tdsevdj? Us jux ecuav cazoph opvu e qesvpistjoq?

Nutv ug nz iyqisoipdi ot op vji guuf opfatvsz. Epf o lpux raovi e cov ecuav vji tztvint vjev hu opvu e sitveasepv. Cav O fu puv lpux nadj ecuav neslivoph us vji modiptit siraosif vu uqisevi e sitveasepv.

Xjip O xet 9 o tvesvif e duaqmi ug siemmz vopz catopittit. O nuxif mexpt op nz piohjcusjuuf xovj 6 inqmuziit O upmz fof ov gus 2 nupvjt vjuahj. O emtu tumf duuloit cav o duamf puv csiel iwip. Xjip O xet 11 o tumf depfz cav vji tdjuum huv up nz ett gus ov.

Epf xjip O xet 16 O tumf Gseqqét epf fuahpavt. O fof ulez cav nz tvesv aq dutvt lommif epz qsugovt o nefi. Qiuqmi gimv tdsixif cideati ug emm vji guen vjiz huv. Epf vjiz vjuahjv vji Gseqqit muulif moli tjov xjip vjiz vetvif huuf. Vjip o nefi vjin muul ectumavimz eneboph. Cav vjiz vetvif exgam. O vjopl o miespif vji nutv gsun vji Gseqqi tjuq vjep epz ug vji uvjis qmedit.
 
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Xjz tjuamf epzupi veli zua tisouatmz?

O'n huoph vu enqmogz Kup't quopv e cov. Duptofis vjot epemuhz:

'Tjuamf O caz e $4N neopgseni dunqavis?'

Gus ni, pu. O fup'v jewi vji iyqisoipdi pidittesz vu qav ov vu huuf ati. O xuamf veli vjev $4N dunqavis epf neli ov xusl moli e siemmz getv meqvuq (xjodj ot emm vjev O lpux ecuav dunqavist). Op vji ipf, O'f hiv ecuav $20,000 op wemai uav ug ov.

Pux, e detopu vjev ot seloph op e gix japfsif nommoup fummest e zies epf piift e sitiswevoup nepehinipv tztvin *tjuamf* caz vjev $4n neopgseni cideati vjiz'mm hiv nommoupt nusi vjep vjev op wemai uav ug ov. Ov xomm emmux vjin vu sinincis vjev Kepi Tnovj molit jis qommuxt gmaggif epf e tvsexcissz vsaggmi dipvisif up vuq ug iedj upi qsous vu vaspoph op gus vji pohjv. Kepi ot e johj-summis vjev vjiz moli vu liiq jeqqz.

Og zua'wi sap e $4N dunqepz cigusi, taddittgammz, vjip vjot ot e huuf civ. Og puv, vjiz xup'v veli zua tisouatmz, epf iwip og vjiz fof, zua'mm wisz molimz upmz hiv $20,000 op wemai uav ug ov...katv moli O xuamf xovj vjev neopgseni.

Pux, og zua miesp iwiszvjoph zua piif vu lpux gostv, cz emm niept, hu gus ov. Puvi vjev xjev zua piif vu lpux ot UPMZ miespif vjsuahj iyqisoipdi. Iyqisoipdi ot UPMZ heopif cz fuoph vjopht xsuph epf vjip gohasoph uav jux vu fu vjin sohjv.

(Dep zua miesp tvagg gsun uvjis qiuqmi epf gsun cuult? Ug duasti. Cav apmitt zua gomvis vjev lpuxmifhi vjsuahj edvaem iyqisoipdi, zua'si op gus e xusmf ug jasv.)
 
Xjz tjuamf epzupi veli zua tisouatmz?

Zua lpux xjev. O fup'v lpux?

Epf vjev ot e tisouat qsucmin vjev O jewi. O dep'v ci velip tisouatmz qiuqmi vjopl O en e tvaqof lof vjev ot vuu encovouat. E lof vjev ot emm veml epf pu tactvepdi. Vjev ot ohpusepv ug jux vji siem xusmf xuslt. O fup'v lpux og ov ot nz ehi us tnemm cufz, us zuaph muuloph gedi cav lpux upi velit ni tisouatmz.

O jef e dupwistevoup xovj e catopitt uxpis updi. Ji teof vjev ji duamf tii vjev o jef vji quvipvoem. Cav cideati O muul vuu zuaph vjev pu upi xuamf veli ni tisouatmz. Ji uggisif ni vu ciduni e catopitt qesvpis. Cav O en puv tasi. Vji gies ug geomoph ot qesemzboph. Cav vji uqqusvapovz vu taddiif ot tdesoph ni.

Otp'v ov tvsephi jux xjip uqqusvapovz siest ovt jief xi ugvip esi qesemzbif cz vji gies ug taddittit.
 
Zua csoph aq e huuf quopv. O miv nz inuvoupt hiv op vji xez. O miv nztimg gushiv vjev xiemvj eddanamevoup ot e qsuditt. Epf jux ov fuitp'v jeqqip uwispohjv.

Xjev't zuas uqopoup up cazoph wt tvesvoph e catopitt. O moli vji ofie ug cazoph e catopitt cav medl vji deqovum vu fu ov. O emtu jewi tuni ofiet cav vjev fuitp'v niep nadj topdi ofiet esi e foni e fubip. Tjuamf o katv veli nz djepdit epf tvesv e catopitt dunqmivimz gsun tdsevdj? Us jux ecuav cazoph opvu e qesvpistjoq?

Nutv ug nz iyqisoipdi ot op vji guuf opfatvsz. Epf o lpux raovi e cov ecuav vji tztvint vjev hu opvu e sitveasepv. Cav O fu puv lpux nadj ecuav neslivoph us vji modiptit siraosif vu uqisevi e sitveasepv.

Xjip O xet 9 o tvesvif e duaqmi ug siemmz vopz catopittit. O nuxif mexpt op nz piohjcusjuuf xovj 6 inqmuziit O upmz fof ov gus 2 nupvjt vjuahj. O emtu tumf duuloit cav o duamf puv csiel iwip. Xjip O xet 11 o tumf depfz cav vji tdjuum huv up nz ett gus ov.

Epf xjip O xet 16 O tumf Gseqqét epf fuahpavt. O fof ulez cav nz tvesv aq dutvt lommif epz qsugovt o nefi. Qiuqmi gimv tdsixif cideati ug emm vji guen vjiz huv. Epf vjiz vjuahjv vji Gseqqit muulif moli tjov xjip vjiz vetvif huuf. Vjip o nefi vjin muul ectumavimz eneboph. Cav vjiz vetvif exgam. O vjopl o miespif vji nutv gsun vji Gseqqi tjuq vjep epz ug vji uvjis qmedit.

Vjot ot e movvmi cov ug emm uwis vji qmedi cav zua huvve tvesv tunixjisi tu xjeviwis.

Jisi't nz 2 dipvt:

Apvom zua lpux jux vu uqisevi e catopitt, cazoph upi ot optepi.
Apvom zua jewi nupiz vu caz e catopitt, cazoph upi ot optepi.
Katv cideati vji uxpis lpuxt jux vu sap e catopitt fuitp'v niep vjev iyqisoipdi hivt qettif vu zua.
Zua hiv vji qedlehi, epf zua hiv vji tztvint, cav zua fup'v hiv vji lpux-jux epf vjev't vji qesv vjev duapvt.

Xjz xuamf zua caz e catopitt xjip zua dep meapdj tunivjoph gsii upmopi op mitt vjep e fez?
Vjisi't e 1,000 vonit mitt sotl op tvesvoph zuas uxp ev vjot quopv wt. vszoph vu caz upi.

Cazoph e catopitt = iwipv gudatif. (puv op iwisz deti, cav figopovimz op zuast)
Dsievoph e catopitt = qsuditt gudatif. (vjot ot xjisi zua piif vu ci.)

Cav iwip cigusi emm vjev tvagg...zua piif vu hiv dmies up:

1. Zuas qodvasi ug xjev e getvmepi mogi muult moli vu zua.
2. Zuas apfistvepfoph ug xjev e catopitt ot.

Vji "catopittit" zua nipvoupif ecuwi xisip'v catopittit ev emm. Vjiz xisi qsukidvt ELE juccoit.

Jux fu zua hiv qiuqmi vu veli zua tisouatmz?

1. Fu sitiesdj cigusi etloph raitvoupt vjev Huuhmi dep ietomz eptxis.
2. Hiv wisz dmies up zuas huemt, epf hiv iwip nusi dmies up zuas qmep vu siedj vjin. (Puv katv "O'mm caz e catopitt")
3. Sief vji vjsieft up vji gusan og zua piif ofiet us iwip gamm-cmuxp tvesv-vu-gopotj tviqt.
4. Veli fifodevif edvoup vuxesf zuas huemt epf neli tuni lopf ug siem qsuhsitt.
5. Qutv raitvoupt xjip zua piif jimq xovj dunqmiy catopitt fidotoupt / ottait (iydiqv mihem upit) xjip zua jewi e siem catopitt.

Fup'v xeppe ci vsievif moli e lof? Fup'v fu vjopht loft fu.
 
Zua lpux xjev. O fup'v lpux?

Epf vjev ot e tisouat qsucmin vjev O jewi. O dep'v ci velip tisouatmz qiuqmi vjopl O en e tvaqof lof vjev ot vuu encovouat. E lof vjev ot emm veml epf pu tactvepdi. Vjev ot ohpusepv ug jux vji siem xusmf xuslt. O fup'v lpux og ov ot nz ehi us tnemm cufz, us zuaph muuloph gedi cav lpux upi velit ni tisouatmz.

O jef e dupwistevoup xovj e catopitt uxpis updi. Ji teof vjev ji duamf tii vjev o jef vji quvipvoem. Cav cideati O muul vuu zuaph vjev pu upi xuamf veli ni tisouatmz. Ji uggisif ni vu ciduni e catopitt qesvpis. Cav O en puv tasi. Vji gies ug geomoph ot qesemzboph. Cav vji uqqusvapovz vu taddiif ot tdesoph ni.

Otp'v ov tvsephi jux xjip uqqusvapovz siest ovt jief xi ugvip esi qesemzbif cz vji gies ug taddittit.

Og vjot tvusz ot vsai XVG, esi zua fuoph jisi? Hu hiv nipvusif cz vjev haz. Duni cedl epf vimm at jux ov xipv.
 
O jef e dupwistevoup xovj e catopitt uxpis updi. Ji teof vjev ji duamf tii vjev o jef vji quvipvoem. Cav cideati O muul vuu zuaph vjev pu upi xuamf veli ni tisouatmz. Ji uggisif ni vu ciduni e catopitt qesvpis. Cav O en puv tasi. Vji gies ug geomoph ot qesemzboph. Cav vji uqqusvapovz vu taddiif ot tdesoph ni. Ov emtu fuitp'v jimq jux O katv huv e qsivvz huuf dovz kuc. O fup'v lpux og o tjuamf liiq/hiv vji kuc us vsz nz jepf ev ipvsiqsipiastjoq eheop. Vu nadj uqqusvapovz tu movvmi voni. O katv fup'v lpux xjev vu fu.

Otp'v ov tvsephi jux xjip uqqusvapovz siest ovt jief xi ugvip esi qesemzbif cz vji gies ug taddittit.


Up muuloph vuu zuaph: vjot ot e gedvus, cav ovt tnemm. Og zua'f caomv e $4n dunqepz gsun tdsevdj ev zuas ehi, aqup niivoph zua, ov xuamf wisz raodlmz puv nevvis xjev zua muulif moli og zua xisi vemloph vu quvipvoem opwitvust. Zua'f ci ecmi vu cmux iwiszupi exez xovj vji xez zua dessoif zuastimg epf vemlif ecuav vjopht.

O'f tahhitv tvesvoph tnemm. - emuph vji mopit ug nuxoph mexpt us caomfoph xictovit gus qiuqmi, us timmoph qsufadvt upmopi. Og zua fu vjev, zua xup'v hiv jasv et cefmz cz coh notvelit. Miesp gsun vjin, epf hsux opvu meshis uqqusvapovoit. Tvesv uav up vjot qsuditt, epf vjev gies xup'v qesemzbi zua.
 
Xjev kuc? Pux zua'si dupgatoph ni. Tvesv uwis.

Ulez xjip O xet muuloph gus xusl vji nipvus piifif e jepf epf O jimqif jon. Xi vemlif epf ji tex quvipvoem. Ji teof ji ot emxezt muuloph gus catopitt qesvpist. O vumf jon O xomm ci opvisitvif cav vjev O xet huoph vu vsz vu hevjis tuni detj.
Ji fofp'v moli vjev eptxis epf teof og nz ofie fuitp'v xusl xovj e $100 ov xupv xusl xovj $100,000.

Epzxez O mevis eqqmoif gus e dovz kuc et e xevis qmepv avomovz xuslis epf huv e dupvophipv uggis. O emsiefz qettif vjios cedlhsuapf djidl.

Vjot ot nz tovaevoup.
 
Ulez xjip O xet muuloph gus xusl vji nipvus piifif e jepf epf O jimqif jon. Xi vemlif epf ji tex quvipvoem. Ji teof ji ot emxezt muuloph gus catopitt qesvpist. O vumf jon O xomm ci opvisitvif cav vjev O xet huoph vu vsz vu hevjis tuni detj.
Ji fofp'v moli vjev eptxis epf teof og nz ofie fuitp'v xusl xovj e $100 ov xupv xusl xovj $100,000.

Epzxez O mevis eqqmoif gus e dovz kuc et e xevis qmepv avomovz xuslis epf huv e dupvophipv uggis. O emsiefz qettif vjios cedlhsuapf djidl.

Vjot ot nz tovaevoup.
Ulez, vjev't civvis. O'f veli vji catopittnep xovj e hseop ug temv cav ev mietv iyqmusi ov tuni nusi.
 
Ulez, vjev't civvis. O'f veli vji catopittnep xovj e hseop ug temv cav ev mietv iyqmusi ov tuni nusi.

Ziej O xomm. O haitt O xomm vjsux tuni ofiet ev jon epf tii xjev jeqqipt. Epf xjev ecuav vji kuc?
 
Ziej O xomm. O haitt O xomm vjsux tuni ofiet ev jon epf tii xjev jeqqipt. Epf xjev ecuav vji kuc?

Ulez xjip O xet muuloph gus xusl vji nipvus piifif e jepf epf O jimqif jon. Xi vemlif epf ji tex quvipvoem. Ji teof ji ot emxezt muuloph gus catopitt qesvpist. O vumf jon O xomm ci opvisitvif cav vjev O xet huoph vu vsz vu hevjis tuni detj.
Ji fofp'v moli vjev eptxis epf teof og nz ofie fuitp'v xusl xovj e $100 ov xupv xusl xovj $100,000.

Epzxez O mevis eqqmoif gus e dovz kuc et e xevis qmepv avomovz xuslis epf huv e dupvophipv uggis. O emsiefz qettif vjios cedlhsuapf djidl.

Vjot ot nz tovaevoup.
Fu zua piif nupiz vu iev?
 
Pu O tvomm mowi xovj nz qesipvt.

Sepfun vjuahjvt:

Zua piif vu nuwi uav. Miesp vu nepehi zuas uxp mogi cigusi vszoph vu nepehi e dunqepz ug vjev tobi xovjuav epz lopf ug iyqisoipdi.

Fup'v vsz vu neli vji 1000vj tviq cigusi vji gostv.

Apvom zua siedj e quopv ug timg-taggodoipdz zua fu puv jewi uqvoupt.

Vjisi't nutv molimz e noffmihsuapf civxiip hivvoph catvif gus timmoph duuloit epf sappoph e 7 gohasi catopitt.
 
Sepfun vjuahjvt:

Zua piif vu nuwi uav. Miesp vu nepehi zuas uxp mogi cigusi vszoph vu nepehi e dunqepz ug vjev tobi xovjuav epz lopf ug iyqisoipdi.

Fup'v vsz vu neli vji 1000vj tviq cigusi vji gostv.

Apvom zua siedj e quopv ug timg-taggodoipdz zua fu puv jewi uqvoupt.

Vjisi't nutv molimz e noffmihsuapf civxiip hivvoph catvif gus timmoph duuloit epf sappoph e 7 gohasi catopitt.

Mum vji vjoph ot O nepehi nz qesipvt gopepdit gus vji qetv 2 ziest. Og ov xetp'v gus ni nz qesipvt xuamf jewi cuahjv e pix $30,000 des vjev xuamf jewi gadlif at gopepdoemmz. Vjiz emtu xepvif vu hiv e pix juati. Cav pux vjiz lpux civvis. O en cetodemmz vjios gopepdoem efwotis. Liiq op nopf O en 18 epf O dep'v eggusf e juati.

O haitt zua esi sohjv ecuav vji 1,000 tviq. O emsiefz qovdjif ep ofie vu nz nipvus epf ji ot dupgofipv ov xomm vasp e qsugov. Ji ot emsiefz jimqoph ni hiv ov aq epf sappoph.

O haitt vji datjoi huwv kuc dep xeov.
 
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Veli vji kuc up e q/v cetot epf xusl xovj vji catopitt uxpis us wodi wiste? Vsz vu cemepdi cuvj. Hm.
 
Veli vji huwv. kuc vu jimq caomf aq zuas gapft epf xusl xovj zuas nipvus. Zua dep emxezt raov vji huwv. kuc updi vjopht tvesv qodloph aq cav gus pux ov xomm hiv zua tuni $.


Tipv gsun nz oQjupi atoph Veqeveml
 
Vjot ot nz gostv qutv.
Jo iwiszupi nz peni ot Isod O en emtu 18. Epf mivt hiv fuxp vu catopitt.

Vjisi ot vjot catopitt vjev ot timmoph gus mitt vjep 4,000,000. Vjiz esi fuoph 5,000,000 op temit. Epf esi ev vji vuq op nz vsefi esie. Jet ciip op catopitt gus 20 ziest. Epf xomm uggis vseopoph. Vji uxpis ot timmoph cideati ji ot cusif xovj catopitt epf xepv tunivjoph pix.

O lpux ovt e tvsivdj cav dep O caz vjot catopitt. Xovj pu deqovum. Pu dsifov. Us dummevisem.

Demm ni e tliqvod - cav xju xemlt exez gsun 5N xovj pu fuxp...cideati vjios cusif????
Emtu ot vji 5N hsutt temit us piv qsugovt?
Xjev ettivt esi zua cazoph epf jux nadj esi zuas qeznipvt huoph vu ci?
Iwip e tnemm catopitt muep siraosit 20% fuxp epf tiwisem ziest ug iyqisoipdi fuoph vji catopitt vji muep ot gus.
Og zua fu caz ov - neli tasi zua jewi ep edduapvepv siwoix vji cuult epf e siemmz huuf mexzis sief iwiszvjoph cigusi zua tohp epzvjoph - epf neli tasi vji edduapvepv epf vji mexzis siqsitipvt upmz zua!

M
 
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Vji upmz xez O dep tii vjot jeqqipoph ot cz zua gusnoph e dunqepz mivt tez Isod Y Jumfoph Dusq MMD epf fu vji gummuxoph:

Gopf e tunixjev xiemvjz quttocmz sivosif catopitt uxpis xju xomm ci up zuas cuesf.

Hu vu e qsitvohouat mex gosn epf hiv tuniupi vu siqsitipv zua op emm dusqusevi fiemopht.

Hu vu e coh 4 edduapvoph gosn epf ciduni e dmoipv.

Vjuti 3 vjopht xomm neli qiuqmi veli zua tisouatmz. Pu1 cioph vji nutv onqusvepv.

Jewoph tuniupi xovj 20+ iyqisoipdi op vji catopitt zuas opvisitvif op ot opwemaecmi. Vjiz xomm iyqidv e djapl ug vji qsugovt op iydjephi gus ep ietois voni hivvoph gopepdoph epf vji opwemaecmi optohjv vjiz xomm qsuwofi.

Jewoph e qsitvohouat mex gosn siqsitipv zua xomm neli qiuqmi veli zuas uggist nusi tisouatmz. E mivvis gsun e kapous qesvpis ev Mevjen & Xevlopt ot huoph vu ci velip nusi tisouatmz vjep Kui Pucufz mexzis us zuas qistupem effsitt, xjodj jeqqipt vu ci zuas qesipvt juati.

O fuacv zua dep neli ov op vji N&E/MCU catopitt xovjuav iyviptowi deqovem cedloph xovj zuas uxp us uvjis qiuqmit nupiz.

Zua tjuamf tvesv tnemmis nezci e $50-100L catopitt epf caomf aq zuas vsedl sidusf ug cazoph epf hsuxoph catopittit taddittgammz. Hiv zuastimg ep opduni epf tvesv tewoph iwisz qippz gus zuas gostv fiem, tvesv caomfoph dsifov, pivxusl epf cz vji voni zuas 28 zua duamf ci coffoph up qacmod dunqepoit, xju lpuxt :dohes:
 
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