Potentially Life Changing decision - looking for input

Sep 30, 2010 10:00

So ... yesterday I headed over to my favorite yarn store in Centreville. And ... it's for saleAs far as I know, they're not going out of business. The owners are in the midst of personal difficulties, and I think they're looking to sell it and avoid the legal issues that may come between them ( Read more... )

life time events

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arashinomoui September 30 2010, 14:28:43 UTC
Follow your dream, but check the books.

If you want, I'm happy to loan you a business book, or if you want, bring the financials over some evening and I'll look at them.

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arashinomoui September 30 2010, 14:29:58 UTC
Note: My business focus was very much not-financial management, so if you've got someone else who has one, or are willing to pay someone, then do it.

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make_your_move September 30 2010, 15:01:40 UTC
I'll be the first one to admit I know nothing of financials beyond the basics ... so I'd definitely have to hire someone.

But I very much appreciate the offer! I thought you might be one of the people with good insights :) I'm open to advice from someone I know to be learning all of this.

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arashinomoui September 30 2010, 15:09:05 UTC
I hated accounting, but financial management was actually a lot of fun - it is a lot of putting puzzle pieces together.

What's the time sensitivity on this? I can whip up 20 piece of information that I'd love to have fairly quickly. I can't promise comprehensiveness, but I can do free advice.

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make_your_move September 30 2010, 15:18:46 UTC
Who are you?

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arashinomoui September 30 2010, 15:17:36 UTC
I don't know if my previous reply posted, as apparently I was anonymous, but anyways - how time sensitive is this? I can probably whip up 20 or questions, or a set of spreadsheet that requests the necessary information to number crunch.

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make_your_move September 30 2010, 15:37:35 UTC
He's looking to sell ... so fairly time sensitive. The owner just forwarded me the info ... want to look at it?

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