Download or read book How to Buy the Right Business the Right Way written by Ted J Leverette and published by Partner On-Call Network, LLC. This book was released on 2021-05-19 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Too many people buy the wrong business or buy the right business the wrong way. Longtime dealmaker Ted J. Leverette's book, How to Buy the Right Business the Right Way: Dos, Don'ts & Profit Strategies, is the definitive guide. The sad reality is poorly prepared people, who cannot show their advisors worthwhile deals, are the #1 reason why attorneys, accountants, lenders and other others kill deals or have trouble with clients. Business brokers and sellers, too, suffer from ill-prepared buyers. Don't believe it? Ask them. This book distills decades of Leverette's dealmaking experiences with entrepreneurs buying, selling, and advising small and midsize businesses. It explains hundreds of dos, don'ts, and profit strategies, any one of which can make or break the deal you intend to do, especially relating to companies with annual revenue of $1 million to $10 million. "Anything smaller," Leverette warns, "is not a smart investment for searchers capable of buying bigger and more profitable." Readers see reality. How to be taken seriously by brokers, sellers, and lenders. Understanding the dealmaking playing field. Detecting and screening opportunities and vulnerabilities. Due Diligence - Valuing - Financing - Negotiating - Transitioning Into the Company. Readers educate themselves and showcase what they bring to the table, plus other things they can do to achieve the best deal, at the lowest cost and in the least amount of time. Leverette says, "why settle for some of the businesses for sale if you can access all of them on the unadvertised and huge hidden market of sellers, which is where to find the best companies and the best deals." Business owners, sellers, and their advisors use this book to better-understand and deal with buyers. Written clearly, easy-to-read, and organized for quick reference, "How to Buy the Right Business the Right Way," empowers buyers to save time, money and aggravation during their journey searching for and acquiring companies. "Ted's advice on creative dealmaking is second to none. If you're going to buy a business to protect your family's future, this book is insurance you'll be glad you invested in," advises David Barnett, Author, Speaker, Educator, Business Buy/Sell Process Coach. Ted J. Leverette is a published author, speaker, and advisor, worldwide, to owners, buyers, and sellers of small and midsize businesses. His other books include, "How to Prepare Yourself and Find the Right Business to Buy" and "How to Get ALL the Money You Want For Your Business Without Stealing It."

Download or read book A Guide to Buying a Business the Right Way written by Corey Bricker and published by Independently Published. This book was released on 2017-03-13 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book is an absolute MUST READ if you're thinking about buying a business. If you want to buy a business, you have to ask yourself some tough questions and make sure you are not basing your decision on your emotions. After reading this book you will feel more informed and confident in your decisions and you will be armed with the facts that you need to know." You need to protect yourself financially in this type of acquisition. Some basics we cover include: - Discovering your motives for buying a business - EXPERT opinions & advice from seasoned business brokers - Count the Cost before you get in over your head! - Tips for success when buying a business - Numbers and stuff. What to look for in the financials! - How much money up front? - How long will it take? - Keeping records - Checking the facts - Financing and loans - Seller Financing - Do you have the skills? - The joys of owning a business! - Yes, you can do it! This is just a short list of what you are about to learn in this amazing little guide! First off, a little bit about ourselves: my brother Alex and I came up with an idea to build a "Businesses for Sale" type of website. So we purchased the domain name www.for-sale-businesses.com. Instead of throwing a website together and hoping it sticks, we thought that if we were going to do this, we wanted to add value by finding out just what buyers of businesses are seeking. I was hesitant at first, but knew we should "do something different." We started to build upon free accounts, learning through trial and error what brokers, sellers, and buyers want. We are still learning. This book is designed to give you, as a buyer, some good "hands on" information when buying a new business. It includes business broker tips and hearing what they have to say about buying a business. The reason why we based this guidebook on broker interviews is because of their vast experience and knowledge when it comes to mergers and acquisitions. This short and easy to read compilation of information is sure to get your feet set on the right path before you invest your life savings and go head long into the purchase of a new or existing business. We are going to teach you right away some of the most important things you absolutely need to know in order to avoid making any major financial mistakes as you begin this process. If this is your first time deciding you want to own and operate a business, this simple guide will give you a framework for success. It is based on interviews with business brokers throughout the United States, ranging from different financial and business expertise. It is my hope and desire that you will think clearly and carefully about these concepts as you consider buying a business. It may save you time and frustration instead of doing it the "hard way." This is intended to help you avoid any pitfalls and unnecessary failures. The brokers and their information are referenced in the appendix. So go ahead and download the book now with one click and enjoy. To your success, Corey

Download or read book HBR Guide to Buying a Small Business written by Richard S. Ruback and published by Harvard Business Review Press. This book was released on 2017-01-17 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Think big, buy small. 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. Purchasing a small company offers significant financial rewards—as well as personal and professional fulfillment. 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. 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

Download or read book The Complete Guide to Buying a Business written by Fred S. Steingold and published by Nolo. This book was released on 2015-07-01 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: Takes readers from thinking, “Hmm, should I buy a business?” right through the process of choosing, investigating, and entering into a legal contract to do so.

Download or read book Why Startups Fail written by Tom Eisenmann and published by Currency. This book was released on 2021-03-30 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.

Download or read book How to Write a Great Business Plan written by William A. Sahlman and published by Harvard Business Review Press. This book was released on 2008-03-01 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: Judging by all the hoopla surrounding business plans, you'd think the only things standing between would-be entrepreneurs and spectacular success are glossy five-color charts, bundles of meticulous-looking spreadsheets, and decades of month-by-month financial projections. Yet nothing could be further from the truth. In fact, often the more elaborately crafted a business plan, the more likely the venture is to flop. Why? Most plans waste too much ink on numbers and devote too little to information that really matters to investors. The result? Investors discount them. In How to Write a Great Business Plan, William A. Sahlman shows how to avoid this all-too-common mistake by ensuring that your plan assesses the factors critical to every new venture: The people—the individuals launching and leading the venture and outside parties providing key services or important resources The opportunity—what the business will sell and to whom, and whether the venture can grow and how fast The context—the regulatory environment, interest rates, demographic trends, and other forces shaping the venture's fate Risk and reward—what can go wrong and right, and how the entrepreneurial team will respond Timely in this age of innovation, How to Write a Great Business Plan helps you give your new venture the best possible chances for success.

Download or read book The Right Way to Select Technology written by Tony Byrne and published by Rosenfeld Media. This book was released on 2017-09-12 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do half of all technology projects fail? A major reason is that organizations often pick the wrong tools, leaving them digitally hamstrung from the start. This book offers a modern alternative to traditional waterfall approaches to selecting technology. You’ll learn a practical, adaptive process that relies on realistic storytelling and hands-on testing to get the best fit for your enterprise.

Download or read book How to Buy a Pool the Right Way From the Right Company at the Right Price written by and published by Marcus Edward Sheridan. This book was released on with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Best Home Businesses for the 21st Century written by Paul Edwards and published by TarcherPerigee. This book was released on 1999-09-13 with total page 676 pages. Available in PDF, EPUB and Kindle. Book excerpt: This invaluable guide provides comprehensive profiles of more than one hundred hot new businesses that promise the top opportunities for small-business people in the future. Paul and Sarah Edwards explore the best opportunities for self-employment in the next century--ranging from being a business-network organizer to running a transcript-digesting service--and provide expert, step-by-step advice on:? the skills and knowledge needed to startup;? the start-up costs, pricing, and potential earning;? the best ways to get new business;? the advantages and disadvantages of each business; ? the hands-on advice of those already in the field.In addition to the nearly one hundred businesses profiled, an expanded section on "The Best of the Rest" explores dozens of additional top businesses to watch for. The Best Home Businesses for the 21st Century is the smartest, most complete book available for anyone looking for right ways to make it on their own.

Download or read book How to Sell Anything to Anybody written by Joe Girard and published by Simon and Schuster. This book was released on 2006-02-07 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Joe Girard was an example of a young man with perseverance and determination. Joe began his working career as a shoeshine boy. He moved on to be a newsboy for the Detroit Free Press at nine years old, then a dishwasher, a delivery boy, stove assembler, and home building contractor. He was thrown out of high school, fired from more than forty jobs, and lasted only ninety-seven days in the U.S. Army. Some said that Joe was doomed for failure. He proved them wrong. When Joe started his job as a salesman with a Chevrolet agency in Eastpointe, Michigan, he finally found his niche. Before leaving Chevrolet, Joe sold enough cars to put him in the Guinness Book of World Records as 'the world's greatest salesman' for twelve consecutive years. Here, he shares his winning techniques in this step-by-step book, including how to: o Read a customer like a book and keep that customer for life o Convince people reluctant to buy by selling them the right way o Develop priceless information from a two-minute phone call o Make word-of-mouth your most successful tool Informative, entertaining, and inspiring, HOW TO SELL ANYTHING TO ANYBODY is a timeless classic and an indispensable tool for anyone new to the sales market.

Download or read book UNSCRIPTED written by MJ DeMarco and published by Viperion Publishing Corp. This book was released on 2017-05-23 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt: What if Life Wasn't About 50 Years of Wage-Slavery, Paying Bills and then Dying? Tired of sleepwalking through a mediocre life bribed by mindless video-gaming, redemptive weekends, and a scant paycheck from a soul-suffocating job? Welcome to the SCRIPTED club— where membership is neither perceived or consented. The fact is, ever since you’ve been old enough to sit obediently in a classroom, you have been culturally engineered for servitude, unwittingly enslaved into a Machiavellian system where illusionary rules go unchallenged, sanctified traditions go unquestioned, and lifelong dreams go unfulfilled. As a result, your life is hijacked and marginalised into debt, despair, and dependence. Life's death sentence becomes the daily curse of the trivial and mundane. Fun fades. Dreams die. Don't let life's consolation prize become a car and a weekend. Recapture what is yours and make a revolutionary repossession of life-and-liberty through the pursuit of entrepreneurship. A paradigm shift isn't needed—the damn paradigm needs to be thrown-out altogether. The truth is, if you blindly follow conventional wisdom pushed by conventional people living conventional lives, can you expect to be anything but conventional? Rewrite life’s script: ditch the job, give Wall Street the bird, and escape the insanity of trading your life away for a paycheck and an elderly promise called retirement. UNSCRIPT today and start leading life— instead of life leading you.

Download or read book Doing Business by the Good Book written by David L. Steward and published by Hachette Books. This book was released on 2012-04-24 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: An indispensable volume that shows how to succeed in business by using the Bible and its lessons as a source of inspiration and guidance n 1990, David L. Steward founded his company, Worldwide Technology, Inc., on a shoestring budget and borrowed money, well aware of the high-risk nature of the venture he was undertaking. Despite the fact that he was a novice entrepreneur, he was certain he would succeed. Steward believed intensely that God wouldn't let him down. Doing Business by the Good Book shares the inspiring lessons culled straight from the Bible, that Steward used to build his privately held billion-dollar company into a global information technology enterprise.

Download or read book Buying a Business For Dummies written by Eric Tyson and published by John Wiley & Sons. This book was released on 2024-04-30 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prospect, evaluate, purchase, and grow an existing business Buying a Business For Dummies guides you through the process of becoming an entrepreneur without starting from scratch. Before you purchase an existing business, you'll need to know what types of opportunities are out there, how to identify the right fit for your goals, and which strategies to use as you negotiate the deal and manage a smooth transition. This book gives you step-by-step advice on all of that. What about actually running the business successfully? You're covered there, too, with clear information on executing a smooth ownership transition and growing your new business. Let this friendly Dummies guide be your mentor as you embark on your business ownership adventure. Know what's involved in buying a business and see if it's for you Evaluate your risk tolerance and identify businesses worth buying Negotiating a great deal and managing a seamless handover Making changes to your new business —without making enemies Buying a Business For Dummies is a great starting point for entrepreneurs interested in a lower-risk route to business ownership.

Download or read book Buying a Business That Makes You Rich written by John Martinka and published by Createspace Independent Publishing Platform. This book was released on 2018-06-22 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the second edition of a practical guide to buying a mature, profitable, and fairly priced business. It not only has strategies for locating, analyzing, and structuring a deal but also the tactics. Readers will learn how to: Buy the right business the right way Access the hidden market of sellers Avoid overpaying Formulate win-win offers Know the right questions to ask and the answers to get Get the best financing package possible The book is loaded with real life stories so you can learn from what others did right (and the mistakes some made).

Download or read book The Right Way to Buy a Business written by Gene C. Carpenter and published by . This book was released on 1995-03 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book How to Acquire the Right Business written by John Psarouthakis; Lorraine Uhlaner and published by Xlibris Corporation. This book was released on 2009-02-26 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Buying a company is a demanding, complex process requiring a wide range of skills and abilities. If you understand this process thoroughly, then you are far more likely to make the right purchase decision. Whether you are buying the corner ice cream parlor or a $100 million business, following certain steps will enhance your chances of successfully operating a profitable venture once the deal is closed. This book should help you to visualize what really goes on in the making of a business deal. Basis for the Book Information for the book is drawn from several sources. The book heavily reflects the first hand, practical experience in deal-making by the author Dr. John Psarouthakis. He has led the buying process for about 40 acquisitions and has been a part of a team of a dozen others during his business career as an entrepreneur and business executive. Most of his direct experience comes from purchasing and selling deals for his own two companies, J.P.Industries, Inc and JPE, Inc. In the 1980´s. Psarouthakis founded and built J.P. Industries into a Fortune 500 company by acquiring underperforming auto parts and plumbing products manufacturers, selling the company to a British conglomerate, T&N, PLC, in 1990. Next, he founded JPE, Inc., which manufactured and distributed auto and truck parts for OEM and the aftermarket. Although. Psarouthakis´ experience draws heavily on the manufacturing and distribution of durable goods sectors, many aspects of the process are the same, regardless of the industry. Interviews conducted by co-author Lorraine Uhlaner with entrepreneurs involved in retailing, service and construction sectors and other published information about the acquisitions process also influence the content of this book. The Importance of Careful Planning A carefully planned and executed search process is likely to improve your odds of finding a company with which you can be successful. Too often, people rush into deals only to find out later that they did not purchase what they had expected. They suffer negative business consequences, such as lower than anticipated profits and sales, as a result. The alternative, careful planning, may cost more initially, and require more effort, but is likely to lead to better business results in the long run. Various studies have found that as high as 60% of acquisitions made fail to meet the acquisition performance goals, ROI, ROE, etc., that were set at the closing and which influenced significantly the price paid. Just 25% met or exceeded those goals; the remaining 15% were indeterminate. There is one overriding reason for this high rate of failure and that is overpaying for the acquired company. Overpayment is a result of 1) an overoptimistic expectation of the market, 2) a higher than realistic estimate of internal improvements/developments, and 3) allowing oneself into a horserace leading to an overprice, due to the bidding process that the seller has succeeded to establish. In order to avoid as much as possible the above, this book presents a process based on many years of experience that resulted in the acquisition of over 50 deals and equivalently the sale of such acquired companies. Successful Acquisition Process - 16 Steps One enters into a rather specific process when one decides to acquire a business and particularly the "right" business. You must manage and control the process if the result is to have a good chance to be the desired one. The acquisitions process involved several distinct steps and sub-steps that need to be attended to with extreme care and dealt with expertly and skillfully. These steps are: 1. Know what you want to acquire. 2. Set up criteria to guide you on what you want to buy. 3. Set up a plan on how you will proceed. 4. Identify/build your team that will work, do, and manage the process with you. 5. Develop a network of credible sources for acquisition candidates. 6. Screen

Download or read book Own Your Future written by Bill Grunau and published by iUniverse. This book was released on 2009-03 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Rarely do you come across a book that provides hands on practical advice in every chapter. Bill's real life experiences as an entrepreneur, CEO, and business broker leave the reader with a blueprint for business acquisitions. Ivory tower theory is not going to go a long way in an acquisition, one needs to get down in the trenches as Bill explains chapter by chapter." -Karl Fava, Principal, Business Financial Consultants "Bill's polished style of writing reflects a common sense approach to buyer and seller concerns through the acquisition and divestiture process. A must read for first-time buyers and sellers of privately held businesses." -Glenn Haddad, Corporate Trainer and Business Intermediary "I couldn't recommend a more salient primer for persons interested in purchasing a business. Bill Grunau distills the complexities of the purchase and sale of businesses into a plain English and common sense-format that will allow inexperienced buyers or sellers to confidently spot and navigate potential minefields in the transaction. Undoubtedly, the book can allow its reader to make better decisions-ones that will lead to successful results, profitability and peace of mind!" -Thomas Lombardi, Founding Partner, Palmer, Lombardi, Donohue Law Firm Learn the ins and outs of buying privately held businesses and take the first step to accomplishing your dreams and becoming a success in Own Your Future. William Grunau, a corporate executive and entrepreneur with decades of experience, explains how you, too, can become your own boss. In this comprehensive guide on owning your own future, you'll learn: How to finance an acquisition with Small Business Administration financing; How to use your 401K or IRA funds to buy a business without penalties or taxes; How to write offers; How to conduct due diligence; How to develop a 100-day and first-year plan; How to develop an exit strategy; And much more! Unveil the mystery and secrets behind how deals are really done that only the insiders know. With this book, the process is demystified with step-by-step practical examples, tools, and tips that are easy to follow and apply. Whether you are ready to search for the right business, obtain financing, or determine the value of what you want to buy, Grunau carefully guides you every step of the way. It's time to stop sitting on your hands; it's time to Own Your Future.