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HBR guide to buying a small business / Richard S. Ruback, Royce Yudkoff.

Lippincott Library - Reserve Desk HD62.7 .R82 2017
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Format:
Book
Author/Creator:
Ruback, Richard S., 1954- author.
Yudkoff, Royce, author.
Contributor:
Elizabeth Kelsey Memorial Fund.
Simon Nelson Patten Fund.
Series:
Harvard business review guides
Harvard Business Review guides
Language:
English
Subjects (All):
Small business--Purchasing.
Small business.
Sale of business enterprises.
Small business--Valuation.
Entrepreneurship.
Physical Description:
x, 302 pages ; 23 cm.
Other Title:
Buying a small business
Harvard Business Review guide to buying a small business
Place of Publication:
Boston, Massachusetts : Harvard Business Review Press, [2017]
Summary:
"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"--Provided by publisher.
Contents:
The opportunity : entrepreneurship through acquisition
Is entrepreneurship through acquisition for you?
The acquisition process
Anticipating the cost of your search
Paying for your search
Identifying the characteristics you want in your business
Managing your search effectively : an overview
Sourcing prospects using brokers
Sourcing directly
Enduringly profitable small businesses
Using financial information to gauge enduring profitability
Filtering for the owner's commitment to sell
Preliminary due diligence
How much should you pay for a small business?
Deal terms
The offer
Confirmatory due diligence
Raising debt
Raising acquisition equity
Negotiating the purchase agreement
The closing day and beyond.
Notes:
Includes bibliographical references and index.
Local Notes:
Acquired for the Penn Libraries with assistance from the Elizabeth Kelsey Memorial Fund.
Acquired for the Penn Libraries with assistance from the Simon Nelson Patten Fund.
ISBN:
9781633692503
1633692507
OCLC:
952384555

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