hi all
just to give you an idea
what you are talking about with regards to using equity to fund a business is the model used by most equity funds to buy into a large business
and if they use it then yes it does work.
the main issue is understanding the business.
now here is a way of using the same stratigy but to the max
go to a liquidators and tell him/her what type of business you are looking for.
then they will come to you with that business that has a few problems
now use your equity to trade that business out of trouble and you can pick it up for a fraction of its true value.
I used to buy and sell these businesses and they can be very profitable if you pick the right ones.
usually they are very profitable its just that they have no idea of how to control funding in and out and thats why they go west
I picked up a national company that was 25 yeras old and had a balance of about 600k and 7 service cars here in sydney
and picked that up for 1k inc the phone number from sullimans there liquidator.
I don't have the time or the energy to do it any longer as you are restarting a company and that takes time.
most of the time the clients will keep ringing and all the old debts are cancelled so its an instant business
you employ the guy that went west as an employee and the bank lends on the back on a equity position off an investment( if you need a loan).
and there are hundreds if not thousands of these deals
I would not go into food preparation but would into service
and yes they are very profitable.
you are the accounts or funder they are the workers and you put up the money to get them out of trouble
same a short term money just long term
if that make sense.
not for everyone and have not done one for about 5 years but now that money is getting short with lenders taht when the wheels drop off a few and may well have another look.
they are easy to find ring up and get a list of liquidators and send out a request form they will come running to you.
and strike a deal.
they can be fun
just to give you an idea
what you are talking about with regards to using equity to fund a business is the model used by most equity funds to buy into a large business
and if they use it then yes it does work.
the main issue is understanding the business.
now here is a way of using the same stratigy but to the max
go to a liquidators and tell him/her what type of business you are looking for.
then they will come to you with that business that has a few problems
now use your equity to trade that business out of trouble and you can pick it up for a fraction of its true value.
I used to buy and sell these businesses and they can be very profitable if you pick the right ones.
usually they are very profitable its just that they have no idea of how to control funding in and out and thats why they go west
I picked up a national company that was 25 yeras old and had a balance of about 600k and 7 service cars here in sydney
and picked that up for 1k inc the phone number from sullimans there liquidator.
I don't have the time or the energy to do it any longer as you are restarting a company and that takes time.
most of the time the clients will keep ringing and all the old debts are cancelled so its an instant business
you employ the guy that went west as an employee and the bank lends on the back on a equity position off an investment( if you need a loan).
and there are hundreds if not thousands of these deals
I would not go into food preparation but would into service
and yes they are very profitable.
you are the accounts or funder they are the workers and you put up the money to get them out of trouble
same a short term money just long term
if that make sense.
not for everyone and have not done one for about 5 years but now that money is getting short with lenders taht when the wheels drop off a few and may well have another look.
they are easy to find ring up and get a list of liquidators and send out a request form they will come running to you.
and strike a deal.
they can be fun