Home: Message List - No Money? No Problem � Buy A Business With $0 Down

Re: No Money? No Problem � Buy A Business With $0 Down

greggypetty — Wed, 12 Aug 2009 18:30:45 GMT

Thanks for thie info. When I started my business, I used the bootstrap method. (http://www.bootstrapbusiness.org/)
It was tough, but it has turned out pretty successful, and I knew that I wasn't going to get into debt, and that I had already set how much I was willing to lose.

Re: No Money? No Problem � Buy A Business With $0 Down

marauth02 — Wed, 15 Jul 2009 00:05:59 GMT

Great info,thanks for giving me and my wife hope of finally owning our own business. Is there any step by step program to buying a business with no downpayment that you can share with me. Thanks in advance

Re: No Money? No Problem � Buy A Business With $0 Down

skelton116 — Thu, 28 May 2009 21:01:04 GMT

Mr. Lowery,

I never did get that email from you. Please contact me at jody.skelton@live.com , I don't think it is making it to my jody116@hotmail.com

I really do want to here what you have to say and I hope that you will be able to help me and any advice/help will be appreciated.

Thank you,

Jody G. Skelton

Re: No Money? No Problem � Buy A Business With $0 Down

nyroxygrl — Tue, 26 May 2009 21:15:58 GMT

Is this true? If so, I would love more information because I want to buy an existing laundromat and begin my career from there. I have looked at a few laundromats in my county and found all the information I need to begin, including start up capital, and expenses. I have a semi-finished business plan and would appreciate any information on this buy a business with $0 down. I don't have much to start it up myself. Thank you.

Re: No Money? No Problem � Buy A Business With $0 Down

skelton116 — Tue, 26 May 2009 16:06:07 GMT

Hi Dennis,

I did not get the email. I checked my 'junk mail box' just to make sure but I did not see it. Please contact me again.

Re: No Money? No Problem � Buy A Business With $0 Down

Aleena4343 — Tue, 26 May 2009 14:15:24 GMT

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Re: No Money? No Problem � Buy A Business With $0 Down

8acompany — Sun, 24 May 2009 22:26:17 GMT

here are my 2 cents in thoughts....

I am such a virtual person I do not recommend in investing in bricks n mortar businesses.

If you want to sell a product... find a supplier and be a re-seller, but don't stock the inventory, just sell the inventory as a drop shipper.

Become an affiliate marketer - go to clickbank.com and find thousands of online products to sell for others
check out affiliateclassroom.com for a great monthly newsletter with great ideas

and finally add Google AdSense to your website and get paid for people clicking on links.

Good luck!

Re: No Money? No Problem � Buy A Business With $0 Down

johnadaniels — Sun, 24 May 2009 18:33:53 GMT

Has anyone been able to buy a business with little or no money down?

Re: No Money? No Problem � Buy A Business With $0 Down

Alex07631 — Fri, 22 May 2009 03:54:12 GMT

I actually just ran into this topic trolling around the internet and figured...what the hell, might as well give it a shot!

I am currently an Executive Vice President at a company that is on the brink of collapse.

I have given my soul to this company and have given money out of my own pocket trying to save it...not just me but others also. I am just talking about myself.

Right now, I have 20 million shares worth practially nothing. And the business is borderline Chapter 7. I have never worked harder, sacrificed more, taken cuts in pay...you name it, I did it to try and keep this place afloat. Its literally the best job I ever had and that is why I did so much to try and save it the last two years.

In April, I finally threw in the towel. I have no more to give. And I told my wife I would never go all out for a company unless its something I own. Which brings me to this topic.

How can I buy a business with no money down? That sounds insane to me especially with the way things are in this country right now.

I have had my eye on this business and its up for sale for about 550k. No way I can afford this since I have given so much of my savings to my present company. I currently just have about 12k saved.

But this business is a gold mine. It generates great revenues. Its pretty automated. I just have to do some marketing and keep an eye on the employees. Thats it. The fundamentals of that business are quite strong, I must say.

How can I go about doing this, Adducent. Is it really possible? I have IMPECCABLE references that I can submit to anyone that can vouch for my character, integrity, work ethic...whatever. They are all from C-Level people in the US and in Switzerland. But that and a bag of beans will get you squat at a bank when they run your credit and see that in the last 18 months, you basically ruined your credit...even though its because of my paycuts that I just had to make necessary adjustments so that I can hold out hope things would turn around at the firm.

I would quit tomorrow if I knew I can run something of my own. That business can be my ticket back and I am pretty sure it can be the stepping stone to other bigger and better things. First things first.

I don't think I can ever sell my soul to corporate America again. It has to be about me going forward.

Any feedback on this would be greatly appreciated.

Re: No Money? No Problem � Buy A Business With $0 Down

Adducent — Mon, 26 Jan 2009 23:06:46 GMT

There are several ways to minimize or even eliminate using using your own money to buy a business but each deal has to be evaluated to see what might be applicable to help accomplish that. Theres a lot of questions that would need answers before I could give you an idea if this deal has any possibilities or not.

If you get a chance, check out the articles on buying a business at my website http://www.adducent.tv/. One specifically that is a good starting point can be found at:

http://www.adducent.tv/articles-news/102-first-steps-to-buy-a-good-business

Buying a business needs to start with determining if its the right business for you to try and buy. After you read the above article; post here some more info on the business or feel free to email me directly via my website and I can give you some specific feedback on it.

Dennis Lowery
Adducent, Inc.