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Dentallabnetwork.com
Business Ideas
What's the cost to open a C/B lab?
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<blockquote data-quote="Inna-Hurry" data-source="post: 278322" data-attributes="member: 7958"><p>Ya both have very valid points.... but missed the money shot.... The most important one is this: WHO IS FINANCING THE TAKEOVER? Seller or lending institution? Always try very hard to have the seller carry the note-- at least until the business is stable. This keeps focus where it needs to be and lots of skin in the game. It will be easier (and cheaper) to refinance and pay off the seller if you have current p/l statements with new ownership.</p></blockquote><p></p>
[QUOTE="Inna-Hurry, post: 278322, member: 7958"] Ya both have very valid points.... but missed the money shot.... The most important one is this: WHO IS FINANCING THE TAKEOVER? Seller or lending institution? Always try very hard to have the seller carry the note-- at least until the business is stable. This keeps focus where it needs to be and lots of skin in the game. It will be easier (and cheaper) to refinance and pay off the seller if you have current p/l statements with new ownership. [/QUOTE]
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What's the cost to open a C/B lab?
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