Learn how to buy a small business and grow
Founding your own startup is risky, as only one in ten startups succeed. Small businesses are resilient to failures.
Harvard Business Review’s guide to ‘Buying a Small Business’ lays down an alternative. As per the guide small company offers 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.
In the book Harvard Business School professors Richard Ruback and Royce Yudkoff help:
Determine if this path is right
Raise capital for the acquisition
Find and evaluate the right prospects
Avoid the pitfalls that could derail 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
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