RE: FN-FORUM: Advice needed folks! :)

date posted 13th August 2003 19:03

>You don't necessarily need cash. How about X% of first year's revenue.

The current owner would have to be mad to accept that kinda deal, after =
all
the new guy could go bust....steal the money or just screw up...all of =
which
would mean the original owner gets nothing.

Regards

=20

Darren Spink
TEL: +44(0)113 253 4750
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-----Original Message-----
From: [EMAIL REMOVED] [EMAIL REMOVED] On Behalf Of David
Zverina
Sent: 13 August 2003 19:12
To: FN-FORUM / [EMAIL REMOVED]
Subject: Re: FN-FORUM: Advice needed folks! :)



You don't necessarily need cash. How about X% of first year's revenue.
:)

On Wed, 2003-08-13 at 15:49, Craig Tinson wrote:
> Correction.. *wouldn't* have access to the funds.. that makes that
> answer make much more sense now.. lol
>=20
>=20
>=20
> Craig Tinson wrote:
> >=20
> > I would have access to the funds needed to buy him out..
> >=20
> > Some of the clients he's got are close personal friends of his which =

> > is
> > why he got their work in the first place.. this includes the largest =

> > client we have.
> >=20
> > So if I bought him out then I'd probably lose those customers=20
> > anyways.
> >=20
> > It would (probably) make more sense in using that money to setup=20
> > good
> > services and spend on marketing/advertising.
> >=20
> > Cheers
> >=20
> > Craig
> >=20
> > Rus Foster wrote:
> >=20
> >> On Wed, 13 Aug 2003, Craig Tinson wrote:
> >>
> >>
> >>> Afternoon all on this nice and warm wednesday :)
> >>>
> >>> I've been giving this some thoughts for the last 6 months and have =

> >>> pretty much made up my mind..
> >>>
> >>> I work for a small company, in fact there is just me and the boss, =

> >>> and have worked with him for nearly 3 years..
> >>
> >>
> >>
> >> Have you talked to your boss about buying him out or him just=20
> >> leaving the company? Just a thought
> >>
> >> Rgds
> >>
> >> Rus
> >=20
> >=20
> >=20
> >=20
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