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Browse: Home / WORK / Business

How do I acquire a business without using any of my own money?

suchaflirtbesb: How do I acquire a business without using any of my own money?
Me and my girl want to acquire a business that’s already established. The issue is, we don’t have any savings. I know we’ll have to come up with a business plan, but what do we need to know about business loans? If we are successful, we want to introduce more ventures within this business to produce more income.

Answers and Views:

Answer by Common Sense
Shouldn’t you talk to, say, a BANK?
I’m sure they can tell you all about business loans.

Answer by Taat Pringist
There are more than dozen types of business loans. See the resource box for an article about the 13 most common ones. Also, make sure that you have no over-valuation on the table. Gone are days where P/E rates over 15 were “normal”.

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