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Buying a Business For Dummies
book

Buying a Business For Dummies

by Eric Tyson, Jim Schell
April 2024
Beginner content levelBeginner
304 pages
6h 58m
English
For Dummies
Audiobook available
Content preview from Buying a Business For Dummies

Chapter 1

Preparing to Buy a Business

IN THIS CHAPTER

Bullet Assessing your financial fitness

Bullet Replicating employer benefits in your own business

Bullet Making the time and financial commitment

Bullet Understanding the acquisition process and hiring professionals

Bullet Calculating a down payment amount and search expenses

Thinking or dreaming about owning your own business is easy and tempting to do. All it may take is knowing someone who is making decent money setting their own hours and perhaps even doing something they enjoy.

Starting a business from scratch of course is daunting and increases the obstacles and possibility for failure. Buying an existing business, possibly including a franchise, could be your ticket to small business ownership.

This chapter gives you the big picture of the acquisition process, what’s involved, the pros you should consider having on your team, and how to budget for all this. But first, we help you assess — and if necessary, create a plan to improve — your financial fitness. ...

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Publisher Resources

ISBN: 9781394245758Purchase Link