Overview

IS A SMALL BUSINESS FOR YOU is for anyone who has ever thought about owning a business of their own. An excellent book for a first time buyer with a no nonsense, practical look at what it takes to BUY, FINANCE, OWN AND RUN A BUSINESS. This book will tell you how to get started using an easy to read conversational method. Through the process of evaluation, you will understand what you will need financially, the personal commitments you will have to make and the knowledge and skills you will need to make a business successful. You will learn to evaluate a business, ask the right questions, drill down to the numbers that matter. The book will talk extensively about the factors that must be considered - both externally and internally thereby avoiding the traps that so often doom a business from the beginning. There are extensive discussions about the professionals you might work with and to that end, will explain to you How to work with Lawyers, Accountants, Bankers and Appraisers, their distinctions and when and how to use them. Financing, putting together a business plan is discussed in great detail with a template of how much can be financed by a particular business. How to approach a lender with the correct information and with a professional business plan. FOR THE SELLER OF A BUSINESS this book will, by default, allow you to understand what will be important for the buyer. It will make apparent to you as a seller, what needs to be done to get your business ready for sale. Extensive discussions take place with respect to the use of business brokers and other professionals that will likely work on the sale. Although the main focus of this book is on the Potential buyer, this book will be of benefit to any potential seller. Do not buy this book if you want to get rich quick. I have worked around businesses for a long time. Success comes with hard work and diligence. Rarely does success come easily. If you have an interest in owning (buying

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9781432784928

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