Customer Rating: Summary: Good solid information Comment: This book has loads of good information. A great overview of and explanation of the good and the bad. Havent read other books on buying but cant see many being any better. Not the complicated style of other books. Great resource to have and keep. Customer Rating: Summary: Not so "Complete" guide to buying a business Comment: Overall not a bad book. Several good ideas and reminders. The forms on CD are very helpful. However, a book that touts itself as complete, shouldn't short-cut critical issues such as valuing or financing a business simply by referring the reader to another book, often by the same publisher. The chapter on valuing a business was an overview without specifics. The chapter on financing, again just an overview, didn't mention the process of using a self-directed IRA to finance a business purchase (you need a special asset custodian for your IRA, but it is legal).
Customer Rating: Summary: Great Resource Comment: Buying or selling a business is a significant transaction that should not be taken lightly. When you buy or sell a home, most likely you hire a professional. Buying or selling a business is much more complex, and the opportunities for something going wrong are much greater. This book is a very small investment to make to ensure that you don't miss important details. I would recommend it to anybody. Customer Rating: Summary: A good road map... Comment: I found the book to be a nice reference to buying a business. Several key chapters provide some good thought provoking questions to consider in any endeavor to start a business. I had checked this out in the library and found myself wanting to write in the margins. A really good first step in identifying the hows and whats of buying a business.
The clear-cut information and forms you need to buy a business!
If you're ready to acquire a business, make sure you protect your interests and get the best deal possible with The Complete Guide to Buying a Business. It shows you how to:
find the right business
analyze the seller's numbers
make sense of the tax issues
negotiate a payment plan
prepare and sign a sales agreement
close the deal
protect yourself from existing liabilities
prevent the seller from competing against you
work with lawyers, accountants and brokers
The Complete Guide to Buying a Business provides a CD-ROM that helps you create more than two dozen crucial legal documents, including:
the sales agreement
confidentiality letter
promissory notes and security agreements
noncompete and consulting agreements
closing checklists
The 2nd edition of The Complete Guide to Buying a Business is completely updated to reflect the latest laws and tax numbers. Every document is accompanied by thorough, plain-English instructions.