Buy Your Own Business: The Definitive Guide to Identifying and Purchasing a Business You Can Make a Success

By Mitchell B. Stern

The best way to start a business--is to buy one Seeking a way out of the traditional corporate world? Eager to start a business where you are the boss? You should consider buying your own business. Buying a business is the most viable and exciting alternative available for those searching for a new, entrepreneurial way of life. In fact, more people will go into business for themselves in the next five years than in the last two decades combined. Buy Your Own Business is a comprehensive field guide that shows how to define goals and map out surefire strategies for finding--and ultimately buying--a business that will work. This book covers all you need to know about: Determining what type of business (retail, service, manufacturing, or wholesale) is right for you, including whether you should consider a franchise Finding creative methods of financing the acquisition Negotiating price, structuring the transaction to protect your legal interests and improve the tax consequences, and closing the deal Making the business a success once the ink has dried. Buy Your Own Business is sure to encourage and assist all those interested in changing their lives by becoming their own boss and owner. "An invaluable tool for budding entrepreneurs and for those who've already taken the plunge." --Dean Shepherd, Anchor, WNBC's Live at Five, former CNBC News Anchor "The creative ideas, the inside information, the compendium of facts, the lists of resources and support services contained within these pages are enough to energize even the most cautious among us." --Stephen Pollan, best-selling author of Die Broke Visit us online at www.mgr.com

• Format: Paperback
• Language: English
• ISBN: 0028614763
• ISBN13: 9780028614762
• Release Date: June 1998
• Publisher: Wiley
• Length: 288 Pages
• Weight: 0.80 lbs.
• Dimensions: 8.2" x 0.9" x 5.5"

Customer Reviews

A good book

Out of all the books I have read on this subject, this is one of the better ones. Unfortunately, there needs to be better books on this subject. There is so much left out of all the books I read, that I still didn't have a high level of confidence in making the purchase, and relied a lot on my previous business experience. However, this book did a good job of getting the process started, and sent me in the right direction. I eventually found a business. Someone needs to write a book on all the details to pay attention to in the acquisition process, and why. It would be a good alternative to the expensive price of paying professionals to educate you.

Buy Your Own Business

I found this book very helpful. From a first time business buyer, this book was great. It won't explain how to do every individual thing while searching for a business, but it will point you in the right direction. It was the first book I bought once I started any research, but defenitely not the last.