Analysis of a Proposed Acquisition
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Leslie Olivera's decision regarding Sportswear Inc.Leslie Olivera is a sourcing manager. She has been working with a contract manufacturer called Sportswear. Olivera has been offered the chance to buy Sportswear from Charles Richards for $250,000. Richards is willing to accept payments on a six-year note. Olivera believes Sportswear must grow to remain viable. She needs to perform due diligence to determine if she is the right person to buy it. She also needs to decide if it makes sense for her to leave her current, secure position to buy Sportswear. She also must decide a reasonable price to pay for the company. Sandra Levy writing in Fairfield County Business Journal suggests that it is critical that would-be entrepreneurs have an entrepreneurial mindset. This requires people like Olivera to take risks, to be creative, to expand beyond their current capabilities -- in contrast to employees in corporate America who often seek consensus rather than change and conflict (Levy 17).
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Approximate Word count = 679
Approximate Pages = 3 (250 words per page)
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