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2024-06-25 07:27:18

bitcoin4all on Nostr: Boomers own all the businesses, but did you know the SBA will give you a 90% business ...

Boomers own all the businesses, but did you know the SBA will give you a 90% business loan including purchase price, inventory and operating capital to buy one of those businesses?

If you have $50k (maybe from equity in a home, you can buy a business for $500k. What’s that get you? Could be a business doing $1m/year in revenue at 25% margins. Smaller businesses tend to sell for 2-3x owners profits. And if you pick well you can find one that has done that consistently for ten years with no online presence. Build a website, modernize the business and double revenue. These businesses aren’t sexy startups. They’re sign shops and snow plowing service companies. Bakeries and garden centers.

Buy using leveraged $USD with a government backed loan. Work your butt off to make it even better and put the money you cash flow into Bitcoin for long term savings.

Build your future and build the country back up in the process.
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