Sunday, December 10, 2017

Can a person with bad credit get a loan? -How To Buy a Business.



Can a person or business get a loan if they have bad credit?

This week I take a look at a question posed on Quora.com about how a person with a poor credit score can get a loan.

The ensuing discussion is about the 5 C’s of lending and they apply equally to personal and business borrowing.  Do you know what the 5 C’s are?

If you think you’ll need a loan one day or if you’ve read my book Invest Local and you want to become a lender then I think you’ll enjoy this one.

Improve your character now by watching the video here: https://youtu.be/UQ4yhKBVnzI



Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb

Join the legions of small business buyers who are learning what they need to know so they can avoid a bad deal.  They’re taking my online course at www.BusinessBuyerAdvantage.com Some are learning how to get ahead of brokers with my Prepare to Buy a Business: The Next Step.  Also on the same site.

Do you have a business to sell?  Visit www.HowToSellMyOwnBusiness.com and learn how I can help you sell.  While you’re there… download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list)


Thank you and I’ll see you next time.

Sunday, December 3, 2017

How and Why can a shareholder's ownership become watered-down? Share Dilution



Remember that scene in The Social Network when one of Mark Zuckerberg’s original partners found out that the shares that were once like 30% of FaceBook had suddenly become like 2% of FaceBook?  How does that happen?

In the movie, Zuckerberg is made to look like an opportunist who took advantage of his former partner.  In many businesses, dilution of an ownership position happens by design and with purpose.
In fact, all the greatest companies you know have had shareholders dilute their positions over time to facilitate the incoming capital that they needed to grow. 

This week I answer a question about how share dilution can happen in a small business and why it can be something that the founding shareholders may wish to happen.  It’s a follow up question to the video I did last year about how many shares a small business should have which you can find here: http://www.investlocalbook.com/2016/12/over-last-two-weeks-ive-had.html

Watch the video before if becomes too watered-down: (ha!) https://youtu.be/FtogXYXCC1s



Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb

Join the legions of small business buyers who are learning what they need to know so they can avoid a bad deal.  They’re taking my online course at www.BusinessBuyerAdvantage.com Some are learning how to get ahead of brokers with my Prepare to Buy a Business: The Next Step.  Also on the same site.

Do you have a business to sell?  Visit www.HowToSellMyOwnBusiness.com and learn how I can help you sell.  While you’re there… download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list)


Thank you and I’ll see you next time.