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[word-lover] 【整理】2008-11-09 Words and Their Stories

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Now, the VOA Special English program, Words and Their Stories.


there  are so many special terms in the world of business, the following story is about a sweetheart deal which I made last week. I made the deal with a friend, and we both made a profit.

 

I've started a small company several years ago, I've worked it hard to make it successful, it was a sign making business. it was a small company not a blue cheap company, it was not known national for the quality of it's science, it did not make millions of dollars and profits. and it was private it was not a public with share traded in the stock market.

 

still I worked hard building up my business, I didn't 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 expenses, I made many cold calls, I called on possible buyers from a list of people  I had  never seen, such calls were often hard sells, I had to be very firm.

 

sometimes I sold my signs at a loss. I did not make money on my products, when this happened, there were cut bags, I had to use fewer supplies and reduced the number of workers.

 

but after several years, the company broke even. Profits were equal to expenses. and soon after, I began to gain ground. my sign were sold very quickly, they were selling like hot cakes. I was happy, the company was moving forward and making real progress. It was in the black not in the red. the company was making money not losing it.


my friend knew about my business, he is a leader in the sign making industry. a real god if you know what I mean. he offered to buy my company, he wanted to take it to public, he wanted to sell shares in the company to the general public. my friend believed it was the best to strike while the air is hot. he wanted to take action at the best time possible and not wait, he offered me a ball part estimate of the account he would pay to buy my company. but i knew his uneducated guess was low, my company was worth much more, he asked his bean-counter to the numbers, that is he asked his accountant to take a close look at the  finances of my company and decided how much it is worth, then my friend increased his offer. my friend official offer with finally give to me in white and black, it is 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 ban for the book, and got a successful business for the money he spent..
This VOA special program words and their stories was written by Jill Moss, I am Faith.

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