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[Report] SENEWS-2007-07-29 Report

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my homework
The VOA special English program words and their stories
There are many special terms in the world of business. The following story is about a sweet heart deal I made last week. I made the deal with a friend and both of us made profit. I have started a small company several years ago. I worked hard to make it successful. It was a sign making business. It was a small company not a blue chip company. It's not nationally for the quality of its sign. It didn't make millions dollars of profit. And it was private. It's not a public company with shares treated on the strike market. Still, I worked hard building my business. I did not work only a few hours each day. No bank hours for me, instead, I spent many hours each day, seven days a week, try to grow the company. I never cut corners or try to save on the expanses. I made many cold calls. I called on possible buyers from a listed people I have never seen. such calls were often hard sales. I had to be very firm. Sometimes, I sold my signs at lost. I did not make money on my product. When this happened, there were cut-backs I had to use pure supplies and reduce the number of workers. But after several years the company broke even, profits were equal to its expenses. And soon after, I began to game aground. My signs were saling very quickly. They were saling like hard cakes. I was happy. The company was moving forward and making real progress. It was in the black not in the red. For company, was making money ont losing it. My friend knew about my business. He is a leader in the sign making industry. He was a big gun, you know what I mean. He offered to buy my company. My friend wanted to take it public. He wanted to sale shares in the company to the general public. My friend believe it is best to strike while the iron is hot. He want to take action at the best time possible and not wait. He offered men a ball park asterment at the mount he would pay to buy my company. But I knew his uneducated guess was low. My conpany was worth much more. He asked his beincounter to qunch the numbers. That is he asked his accountant to take a close look at the finance of my company and decide how much it was worth. Then, my friend increased his offer. My friend's official offer finally given to me in black and white. It writen on paper and more than I ever dreamed. I was finally able to get a break. I made a huge profit on my company and my friend also got a bank on the bark. He got a successful business for the money he spent.
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