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Book Review: How to Buy a Business
By Nancy Gibson
Choctaw County Chamber of Commerce
Downsizing, resizing, and restructuring are affecting America's largest businesses. This will continue to happen over the next few years. Sometimes it is better to buy an existing business than to start a new one. This week's book review from a new book in the AERN (Alabama Entrepreneurial Research Network) Center for small business is titled How to Buy a Business.
You can increase your odds for a small business success with a little product knowledge and a little research. The internet is a good source of information, but sometimes if you are unsure of your exact source of information it could take you the rest of your life to get where you want to be. Fast track your options with targeted book knowledge.
In How to Buy a Business you will learn some exciting, profitable, and challenging entrepreneurial options. This book will give you hands-on information and tactics you need to make the leap into business ownership.
Topics like choosing the best form of business ownership, financing, negotiating and structuring your deal, determining future and current value, preparing a letter of intent, and finding/evaluating candidates for acquisition are just a few of the topics discussed in the chapters.
Management issues and technical issues are also discussed in How to Buy a Business. This book will guide you through the marketplace and show you how to locate the right business at the right time for the right price.
Call your nearest AERN Center of the Bruno Business Library at The University of Alabama to book an appointment that will get you started on a path to business ownership.