Introduction

Many folks dream of being their own boss and running their own business. Plenty of those dreamers envision starting their business from scratch. Fewer think about buying an existing business but that route may indeed be a better fit for your skill set and situation.

Buying a Business For Dummies can help you to understand what’s involved in buying a small business rather than starting one from scratch. We walk you through all the important considerations to help you decide if buying a small business is right for you and how to find one in the best niche.

As with buying a home or other real estate, making an offer on and closing on a small business purchase involves plenty of research and due diligence. We detail what to do and what to avoid throughout the entire process. And, once you buy a business, we highlight how to improve your business and make the most of it.

About This Book

The following backgrounds and philosophies serve as a guide to the advice we provide — advice from the field that makes this small-business book stand out from the rest:

  • We’re small-business experienced, and we share the benefits of that experience with you. Between us, we have seven-plus decades of experience in starting, buying, and running seven successful small businesses. In addition, we’ve worked with thousands of small-business owners. Jim has led numerous small-business peer-networking groups and has provided volunteer counseling services to small-business owners. Eric has ...

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