Buy A enterprise With No Money Down?

Robert Greene The Art Of Seduction - Buy A enterprise With No Money Down?

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If you've ever wanted to buy a business with "no money down", and have heard someone say it goes on all the time and that it's possible, then I have some good news and some bad news.

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Robert Greene The Art Of Seduction

The bad news first: No matter what whatever says, you can't buy a decent business with nothing down.

In the 50 plus years I've been in business, buying businesses and teaching other habitancy how to buy businesses, I've never seen it happen. I've never once run into a wholesaler that will let you in with nothing down. It just doesn't exist.

But here's the good news: Just because you can't buy a business with nothing down, if you find one that makes sense and it's large enough, you can finance it 100%, without using even a penny of your own money or borrowing a dime from your friends, house and relatives.

How can I say this?

Because there are, in fact, lots of ways to finance a business -- including banks, government loans, joint ventures, suppliers, owner financing and, my personal favorite, investors. You can use one of these methods or concentrate them however you like. Most of these tactics are relatively fast, straightforward and clean...and a lot easier than you may think.

When I was still teaching about buying businesses in seminars many years ago, habitancy would often confuse 100% financing with nothing down. But they aren't the same thing at all.

The next time someone says you can buy a decent business -- one that's not a dog, a turn nearby or some kind of Mickey Mouse execution that's sinking fast -- with nothing down, run away from them as fast as you can. Because chances are they're trying to sell you on an idea that naturally doesn't exist.

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