I would like your opinion on:

Acquisitions as a way to kickstart your business.

Applying for bank loans to fund your acquisition.


Tips/advice for a new acquisition(ie. what criteria etc)

Can i request/hire someone to broker an acquisition for me on this forum.And if i can how do i go about getting someone reliable?Will the management of WHT be kind enough to recommend someone?

Thanks

please reply fully with all details :-)

It will be very difficult to receive a bank loan for an intangible item, unless you place your personal assets as collateral. Banks normally like to give loans to individuals who will be purchasing inventory, buildings, etc., allowing them to liquidate the assets if the company fails.

Your best option is to find an angel investor that is familiar with tech companies. The angel may be able to provide insight into growing the company as well.

I'm curious, how much experience do you have and what type of product are you looking to acquire? Most angel investors and VC's focus on the leadership team. If the team has a great track record, can invest some of their own capital, and the concept or company puts money back into their pocket, you will have a good chance of attracting investors.

If you need additional information, please send me a message. I would be happy to help you with the process.

I have roughly $15,000 of my own money to invest.I went to my local HSBC bank about 2 weeks ago and was talking to the business section manager and she told me that upto $20,000 i dont even need a business plan and something more to that effect.

I am looking towards buying other small hosting companies for under $20,000.

I can only be honest with you.As you may have seen by doing a search from my many posts that i am new in the hosting business but catching up very very fast from all the info i am reading every day.Certainly i will start very soon -- get some of the much need experience before an acquisition.

I think for now i will use my own money for investment or borrow from the bank.Later on in the future i can ask my own sister or brother to invest once they see that i am successfull.

Can u tell me how good/bad an acquistion helps a webhosting company, how long it takes to recover their investment, profits etc.

I have read the "other hosting offers section" extensively and i am seriously intrested in the near future probably late this year to make an acquisition.

But i need the experienced help to see the acquisition through.I can certainly pay a small fee to one maybe two people in addition to a lawyer if necessary .

any advice is appreciated.

thanks for answering

Personally, I don't think I would start out in the hosting business by aquiring other hosting outfits. Unless you buy a perfect and profitable outfit, you'll quickly find alot of headaches. Alot of companies oversell these days.

It is an effective way to expand any existing hosting business. But I don't think I would personally jump into the business by buying.

Just my two cents :peace:

I don't think you can buy something good for price range of $25,000-$35,000 (maxium that you can afford at this moment). Small web hosting company with annual gross of $100K can cost as much as $350K-$500K.

If you plan to buy one of "amateur" company's (run by amateurs in part-time) with certain amount of "louisy" customers who pays $4/month and love to complain - don't waste your time and money - you will don't get anything from this except of headaches.