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Home > Business & Economics > Finance & Accounting > How to Buy and Sell A Business: You Can Win in the Business Quadrant
How to Buy and Sell A Business: You Can Win in the Business Quadrant
by Sutton, Garrett
 
 
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How to Buy and Sell A Business: You Can Win in the Business Quadrant
It sounds like paradise-being your own boss. Owning your own business, setting your own hours, answering to no one. But being the owner also means taking the responsibility - all the responsibility-for the business's health. HOW TO BUY AND SELL A BUSINESS explains exactly how to do to this. Garrett Sutton explains why there is much less financial risk involved with buying an existing business than with starting one up. The best time to sell is when the economy and the industry are in good shape, so HOW TO BUY AND SELL A BUSINESS details the timing of putting a company up for sale, and also illustrates: ÂÂ- The Benefits and Specific Concerns of Franchising: One third of all retail sales occur through franchise outlets and almost 10 million people are employed by franchise businesses. ÂÂ- Putting Together a Selling Prospectus: Also known as a marketing brochure or offering memorandum, how to write the document that markets a business to prospective buyers. ÂÂ- Financial Reports: The primary way a buyer judges a business is by the numbers. Financial reports must be accurate and credible. HOW TO BUY AND SELL A BUSINESS also discusses how sellers can keep their companies in prime selling condition in order to take advantage of unforeseen opportunities, and much more.


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Title of ebook: How to Buy and Sell A Business: You Can Win in the Business Quadrant
ISBN: 9780759547551
parent-ISBN: 9780446691345
Publisher: Warner Books
Published: 04-2003
Released online for download: 04-01-2003
Author of eBook: Sutton, Garrett
Foreword by: Kiyosaki, Robert T.

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How to Buy and Sell A Business

How You Can Win In the Business Quadrant

Chapter One

Before You Begin

Being Your Own Boss

It sounds like paradise-being your own boss. Owning your own business, setting your own hours, answering to no one, even dressing how you like. Robert Kiyosaki's rich dad advocates owning businesses, ideally man-aged by others, for the income they generate and the freedom they can provide. But whether you are a nonmanaging entrepreneur or a day-to-day boss, being the owner also means taking the responsibility-all the responsibility- for the business's health. The success or failure of your business (and correspondingly your personal financial success) lies squarely on your shoulders. There are no sick days, no vacation pay, no downsizing opportunities. A turn in the economy no longer means only worry over job security, but worry over utter financial ruin. There are no security blankets in the entrepreneurial world, so you'd better know from the start if you are a Linus or a Lucy. Linus was the intellectual of the Peanuts gang, but he required security. Lucy was the go-getter, a s ... read full excerpt from: How to Buy and Sell A Business: You Can Win in the Business Quadrant ebook



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