gmcintire
Graham
Premium
join:2005-08-09
Blue Ridge, TX
| Re: Buying competitor's company Yes, my wife is a full-time elementary school teachers and I work part-time (5-6 hours a day, I'm off by noon to 1-ish) doing support for an online learning company. Our day jobs are how I've been able to finance my existing business.
My current billing system is totally manual with quickbooks, which isn't bad with less than 10 customers but would kill me with 80. The other business has a PowerNOC automatic billing system for his customers (he had used sputnik in the past.)
I'd handle the tech support myself and have a few contractors to handle new installs. I know how much work it is already, and I'm willing to handle it.
What I'd really hate to have happen is another larger company buying out his company, fixing everything, then totally clobbering me. I've done well so far with offering slightly lower prices and better service (and support) to clients, along with referral incentives.
However, right now I see my survival based on either buying out the other company or working on growing my own very rapidly, both of which require capital I don't have. |
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