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Old 03-26-2008, 05:13 PM   #1 (permalink)
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Default Buying to Develope

Hello. As anyone here ever bought an business or part of a buisness so they can then go on and merge that business with your own buisness? That obviously would make your business a lot bigger.

Anyone? Comments?

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Joshua.
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Old 04-02-2008, 03:26 PM   #2 (permalink)
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Default Merging two companies

I work for a company that owns 13 locations in the U.S.
The goal was to expand into Canada.

I understand that there are slight differences in the way customers choose to do business with a company from another country. We purchassed the other company in Canada with 20 locations, and different name of course. The plan is to learn the differences on how business is conducted there, and switch the processes to our model over a 5 year period before switching the corporate name over. We felt that simply buying a company and changing the name in Canada to ours would have a negative effect on customer base. At the 5 year period we will start changing over the coroporate names. I believe 2 locations every 6 months or so for the next 5 yrears, to slowly make the transition.

This way the customer base won't notice it as much.

So to answer your question, yes it does make your business bigger, but you have to be smart with the transition.

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Maxb
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Old 04-17-2008, 11:29 PM   #3 (permalink)
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Myself. I have never bought a business what so ever. I would not feel as if I had contributed in the proper way towards it if it was sucessful. Never know what I may or may not do in the Future.
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Old 04-18-2008, 03:11 PM   #4 (permalink)
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Quote:
Originally Posted by Christopher D View Post
Myself. I have never bought a business what so ever. I would not feel as if I had contributed in the proper way towards it if it was sucessful. Never know what I may or may not do in the Future.
I have also never bought a business. However this dose not mean that in the future I won't. I am better off starting my own, and then buying in the future.
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Old 05-24-2008, 07:52 PM   #5 (permalink)
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If by buying to develop you mean buying an already establised business to yourself continue develop. Then no I haven't. However I am looking to be buying some website and forums to develop them and get the going better.

Nothing in real life however.
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Old 05-24-2008, 09:08 PM   #6 (permalink)
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I myself haven't yet.

However most people buy something that they feel as potential. Work on it then sell it for a lot more money then they paid.
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Old 05-25-2008, 01:47 AM   #7 (permalink)
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I am looking soon to buy some web related forums that we're once active. I want to be able to be confident enough to buy something and develop it and make it active and sucessful.
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Old 07-08-2008, 08:32 PM   #8 (permalink)
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I am looking to be buying some web based units to develop them and then later on sell them. However I need to get myself all sorted before I go ahead and do more.
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Old 07-14-2008, 10:33 PM   #9 (permalink)
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If you was a beginner business man and wanted to invest in something small. What would be a good unit to invest in?
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Old 07-16-2008, 08:24 PM   #10 (permalink)
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I have been recently thinking about starting an offline "real world" business. However I have yet to find ways I can get money to be able to invest in it. Anybody have any ideas or advise for me?
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