John Galt
Forward, March
Premium
join:2004-09-30
Happy Camp
 ·CenturyLink
| Re: Buying competitor's company said by gmcintire  :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. The proverbial "rock and a hard place"...
Since he approached you it would seem to indicate that he is wanting to escape from his particular situation. Perhaps you could arrange a phased payment to him and a loan to do the most obvious system upgrades (sectorization and such).
A sharp pencil and an eagle eye would be two valuable assets at this point in time.
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