Here is the blueprint to buying an existing, profitable company using OPM (Other People’s Money). 1. The Strategy: Seller Financing
You cannot do a no-money-down deal on a "turnaround" or a failing business. Why? Because the business generate enough profit to: Pay the seller/bank their monthly installment. Pay you a salary to live on. Keep the lights on and the business growing. buying an existing business with no money
Borrow against the money customers already owe the business (Factoring). Here is the blueprint to buying an existing,