Business Builder
Business Credit Basics
Business Credit Lines
Excellent Credit | Using Good Credit To Own and Buy Out In Cash Flow |
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Good Credit: Own And Buy A BusinessMy Credit Headquarters (the “Company”) announces an opportunity for people with high credit scores to become business owners, using only their high credit scores and with no out-of-pocket expenses. Dubbed as “credit only investing”, the opportunity creates a stream of passive income for otherwise career-minded, salaried individuals. My Credit Headquarters, however, prefers to name it “fractional business ownership” instead of credit-only investing. “It’s a more profound term and captures the depth and breadth of what this opportunity is all about”. My Credit Headquarters is in the business of buying businesses like franchises and other turnkey or ready-to-operate companies. It takes care of the legwork related to: (a) Identifying and studying a company for acquisition, (b) Offering credit investors a package for co-ownership funding, (c) Working with financial institutions to obtain credit lines, and (d) Managing the company. Credit investors, on the other hand, act as guarantors to the Company’s credit lines, which are typically pegged at $100,000 per investor. The credit line sits dormant until there are enough funds, i.e., there are enough credit investors, to make a purchase. Being a fractional business owner gives credit-only investors the benefits of being a business owner, without the hassles of running day-to-day business operations. Profits are determined using a set formula and divided equitably among the fractional business owners. In this case, the profit is determined by the percentage of contribution. For example, if an investor invests 10% of the cost of acquiring the business, he will receive 10% of the profits after debt repayment, management fees, and the cost of running the business. The profit can be paid out monthly, quarterly or annually. If a company is being sold for $500,000, the Company would offer five equal investment portions of $100,000. Investing in one portion, fractional business owners can enjoy 20% of the annual profits on top of their salaries. For business acquisitions that realize $200,000 in profits, this could mean $10,000 to $20,000 in extra cash. This is the true passive, residual income. Fractional business owners cannot be involved in more than three ventures – investments returns are realized six months after a credit line has been applied for. My Credit Headquarters makes it clear that the Company has set criteria for selecting business acquisitions. For more information about My Credit Headquarters, visit the website http://www.mycreditheadquarters.com/ |