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Wednesday 23 March 2011

HOW TO STRIVE TO ACQUIRE EXISTING COMPETITORS

I published an article on March 21th, 2011. I forgot to add sixth to five strategies above the title because I thought I might be in a hurry to publish the article. I did not want to publish it late.
Though, growing your own business with your own personal money is a long struggle to grow faster in less time. It is painful when you struggle to grow your business because it takes you long to finish your business. Nobody can be an island. Can you overcome mathematical difficulties immediately without somebody’s assistance?
Let me tell you the truth that no institutional investors in the world can fetch so wealthy in less time without using the leverage buyout. The leverage is powerful to get you so wealthy with no time to waste your time to struggle to grow with your own money.
Buying or acquire existing competitors or businesses together to grow your business quickly is to use leverage simply. You can use either assets (or cashflow ) of a business or loan to get that potential business. With this, you will still enjoy reaping the rewards or interest within at least weeks or a month. It is so simple for you to make much money if you use marketing strategies to grow your business.
There are some questions you need to consider yourself carefully before going out to acquire the potential business.
1.      Why do you want to buy that business? What kind of business you want to look for? Why do you think you feel bored about your business? There are many questions you can answer that.
But remember do not buy that existing business if you know it does not profit you.
2.      When satisfied with the questions you answer, then go and meet a friend you want to buy. And before buying from him or her, you need to ask them some questions like here:
What are the sales revenues? How much do you make money? What facilities do you have? How much do you want me to buy that business?
There are many questions you can ask them. Before agreeing to acquire the business from them, you need to check around facilities and other things in his or her business.
Lastly, if you have any questions or you want to add or correct what I write it above there, you are welcome to make a comment here. I will be happy and ready to listen to you via this comment. Don’t forget to subscribe to this RSS feeds.

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