How can I assemble enough financing to purchase a medium to large business if my own holdings are few?
Rather than starting small and building from there, I'd like to jump right in to owning an established facility. The problem is that the multimillion dollar price tag is larger than I or my group of investors can swing on our own. How can it be financed without losing complete control and without submitting to the whims of venture capitalists?
Public Comments
- Establish a holding company where you own 51% and the rest of the investors own 49%. Ask for more investors to pitch in at a higher price.
- That would be like asking for a marriage but you still want to (CENSORED) other women.
- What do you consider medium, small businesses are much larger than you might think, with hundreds of workers. If you have a sound business plan with a great deal of successful managment experience within your group you should have enough knowledge to put together a offer to a business owner that is interested in selling a large portion of his business to your group. You may need to put up all that you have in order to show him or her that your group is serious about getting into something with both feet. Forming a Corporation and having a IPO, could also be an option. Buying a business in bankrupcy would be an additional option with creditors being interested in helping you to revive the business. A short sale is possible when the lenders are facing a large capital loss if the business shuts down, negotiate
