Admin AOP, Author at Diomo Corporation

Thinking Of Starting A Home Appraisal Business

December 9, 2004 Admin AOP No Comments

Q: I'm looking to start a home appraisal business. Is that a good move? A: It would seem that the boom in home buying will not stop anytime soon and so the home inspection business will continue to grow or…

Business Brokers

Paying An Upfront Fee To A Business Buyer Representative

December 9, 2004 Admin AOP No Comments

Q: I want to buy a business that manufactures accessories for trucks/SUV's in the $2-10 Million revenue range. Have not had much luck approaching potential companies that are not on the market. A business buyer representative says he can do…

Financing The Purchase

Can I Qualify For An SBA Loan With A Bankruptcy?

December 2, 2004 Admin AOP No Comments

Q: I have a question about SBA qualifying: 3 years ago I sold a very successful post production business. The sale was due to a horrific partnership. The buyers bankrupted the business and I never got released from my largest…

Financing The Purchase

Alternative Financing Sources

December 2, 2004 Admin AOP No Comments

Question: I have owned and operated a Domino's franchise for five and a half years and now I have found an under-priced pizza restaurant in Hawaii. The problem is due to certain events I obtained a lot of bad marks…

Financing The Purchase

Bad Credit, No Money, And No Experience

November 18, 2004 Admin AOP No Comments

Question: Hi I have really bad credit and no money at all to invest. Do you think I will be qualified to open a small business? Also I don't have any experience. Answer: I am a firm believer that anyone…

Legal And Financial Issues

Do I Need To Hire An Attorney?

November 18, 2004 Admin AOP No Comments

Q: Do I need to hire an attorney to check for any liens on the business or taxes owed? I'm already in the final stages of a purchase on a franchise. It is an existing one and I know what…

Financing The Purchase

Taking Over Remaining Balance Of Payments On Assets

November 11, 2004 Admin AOP No Comments

Q: How can I get the value of assets required for the business, such as transportation business? What is your take on taking over the remaining balance, payments on assets?A: You raise a very good point; however, the question is…

Due Diligence

Due Diligence Of Online Businesses

November 11, 2004 Admin AOP No Comments

Question: Hello Richard. I purchased your course last December and it's been very helpful. In my area (Seattle) the business listings have been terrible for the last six months. To combat that, I've decided to expand my search to relocatable…

Negotiating & Structuring The Deal

Forming A Strategic Partnership With Vendor

November 4, 2004 Admin AOP No Comments

Q: We are currently pursuing a strategic partnership with a vendor of ours. We would like to have a better degree of control on resource allocation in his business. I am curious as to how you would investigate making a…

Financing The Purchase

Using 401k Or IRA To Buy A Business

November 4, 2004 Admin AOP No Comments

Question: Can a person use 401k assets or IRA self-directed assets to purchase a business, without tax implications? Answer: There are a number of programs available now that offer this type of scenario. Personally, I have not used this route…

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