Small Business Book Reviews: Buying Your Own Business
Reviews of Buying Your Own Business: Identifying Opportunities, Analyzing True Value, Negotiating the Best Terms, Closing the Deal (Expert Advice for Small Business)
It is worth the money to get this one and read before you start the buying process. However, it does not cover much great details on small business less than $4M.
Review #2
Good, but outdated
As a would be buyer i bought this book. Good, but unfortunately in desparate need of an update. Much has moved on including the internet as a medium for business sales, the size of businesses adopting his strategy, & the role of business brokers acting on the "buy side".
There arent many more recent books however, & this book is a very useful introduction if you are in the market for a larger sized business.
Review #3
Not an end-all reference book
I bought 2 books on this subject and may have returned the other book had I read this one first. It does not inspire much confidence for the first time, small-fry businesss buyer. The biggest disappointment is that the book claims to cater to businesses between 2 and 50 million dollars in annual sales. In reality, most examples (of the few provided) are at the top end of that scale which is out of my range. The book also spends an inordinate amount of time discussing the benefits of using business intermediaries. Why? I'll give you one guess what the author does for a living when he is not writing books. The best thing that I took from the book were the questions to ask and the financials to analyze during negotiations that I would not have thought of on my own. This information is quite helpful but it is spread across 300 pages of text and there is no summary list of these key points at the end as there are in other texts. If you buy this book it should be with the understanding that it will not be the only book you will need.
Buying Your Own Business: Identifying Opportunities, Analyzing True Value, Negotiating the Best Terms, Closing the Deal (Expert Advice for Small Business)
