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[Report] SENEWS-2007-07-29 Report

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homework
Now, the VOA SE program, words and their stories.

There are many special terms in the word of business, the following story is about a sweetheart deal which are made last week.

I made a deal with a friend, and we both made a profit. I had started a small company several years ago. I worked hard to make it successful. It was a signe making business. It was a small company, not a blue chip company. It was not known nationally for the quality of the signs, it did not make millions of dollars in profits, and it was quiet, it was not a public company with shares traded on the stock market.

Still, I worked hard building up my business, I did not work only few hours each day, no bankers hours for me. Instead, I spent many hours each day, seven days a week, trying to grow the company. I never cut corners, or try to save on expenses. I made many cold calls, I called on possible buyers from a list of people I had never seen. Such calls for often part sells, I had to be very firm. Sometimes I sold my signs at a loss, I did not make money on my product. When this happened, there were cut backs, I had to use fewer supplies and reduce the number of workers.

But after several years, the company broke even, profits were eaqual to expenses. And soon after, I began to gain ground. My signs were selling very quickly. They were selling by Hutkicks. I was happy, the company was moving foward, and making progress. It was in the black, not in the red. The company is making money, not lossing it.

My friend knew about my business, he is a leader in the sign making industry, a real big gun if you know what I mean. He offered to buy my company. My friend wanted to take it public. He wanted to sell shares in the company to the general public. My friend believed it was best to strike where the iron is hot. He wanted to take action at the best time possible and not wait.

He offered me a bar part estimate of the melt he would pay to buy my company. But I knew his uneducated gass was low, my company was woth much more. He asked to use been counter to crunch the numbers, that is, he asked his acountant to take a close look at the finances of my company, and decied how much it was woth. Then, my friend increased his offer. My friends offial offer with finally given to me in black and white. It was written 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 for a bark. He got a successful business for the money he aspect.

It's VOA SE program words and their story, writen by Jonh Loss, I'm F.B.
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