HBR Guide to Buying a Small Business: Think Big, Buy Small, Own Your Own Company

"A valuable roadmap for acquiring a small business" according to Spencer B Elliott. I purchased this book after hearing an HBR IdeaCast interview with professors Ruback and Yudkoff. Their book provides a clear and thorough but concise roadmap to anyone seriously interested in pursuing entrepreneurship through acquisition of a small business. First of all, the book wi. David L. Sherzer said Great read and reference tool. This is a very comprehensive and useful book. It takes the reader chronologically through the business-buying process, making it both enjoyable to read from front to bad but also very useful as a quick-reference took for various aspects of the process.Only negative is that I don't thi. Makes for a good text book Jonathan Encarnacion Makes for a good text book, however, it seems to me that the intended audience is the ivy league type entrepreneur. The book is written from a Harvard perspective and once you look at the kind of number$ they budget for acquisition, you'll understand. I've read it, and have taken away

In the HBR Guide to Buying a Small Business, Harvard Business School professors Richard Ruback and Royce Yudkoff help you: Determine if this path is right for you Raise capital for your acquisition Find and evaluate the right prospects Avoid the pitfalls that could derail your search Understand why a "dull" business might be the best investment Negotiate a potential deal with the seller Avoid deals that fall through at the last minute . Purchasing a small company offers significant financial rewards - as well as personal and professional fulfillment. Are you looking for an alternative to a career path at a big firm? Does founding your own start-up seem too risky? There is a radical third path open to you: You can buy a small business and run it as CEO. Leading a firm means you can be your own boss, put your executive skills to work, fashion a company environment that meets your own needs, and profit directly from your success. But finding the right business to buy and closing the deal isn't always easy