I told him that I might have a way for him to get his wish.I told Peggy what I was thinking and for the next few days we were in the office of the paving company. It was as the contractor had said. His problem was that he lacked working capital. He had the contracts. He had the specialized equipment to do the jobs and he had the employees. The debts were substantial but they were manageable if you didn't have to pay exorbitant interest rates."What do you have in mind?" Peggy asked when we were alone, "I don't think that we should take all of our money and buy this company." What I'm thinking is that we assume the debt of the company and take over the company's assets. The owner wants to get out debt free. If this goes to auction I doubt that he'll get enough to pay all of his debts. I don't know anything about running a paving company but he does. I'm thinking that if we assume the debts and assets and keep him on at a very good salary to manage the company we could make a go of it.. Perhaps not all the details, but she knew the rough outline. She walked into the firm for what would be her last day. She saw the Receptionist look twice, her skirt was short, but not a mini skirt. She knew that. It was just shorter than those who knew her would expect. She walked to Lisa’s desk and waved her into the office. Lisa had done a double take too. Sherri stopped and whispered to her. ‘Hi, how are you doing? I have a list of possible locations, Robert is excited about the project, and wants me to get started as soon as possible finding one.’ Lisa looked at the skirt again and said ‘I presume the realtor is a guy who loves nice legs?’ Sherri looked down and sighed ‘I wanted to try something new.’ she said. ‘Perhaps a bit short?’ ‘Not for anyone else, just surprising on you Sherri.’ Lisa admitted. ‘Thanks, and I really appreciate the compliment.’ said Sherri waving Lisa into the office. They talked about the locations for a few minutes. Then Sherri went about closing the.
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