Business Ark How to Buy and/or Sell a Small Business for Maximum Profit — A Step-by-Step Guide: With Companion CD-ROM | business online

Business Ark How to Buy and/or Sell a Small Business for Maximum Profit — A Step-by-Step Guide: With Companion CD-ROM | business online

Review
One of the most challenging and rewarding steps that an individual can take towards fulfilling the dream of financial and creative freedom is to start, buy, or operate their own business. The journey of a thousand miles begins with the first step, but that first step can be an overwhelming challenge without the knowledge you need to complete the journey. Business ownership is one of those tremendously rewarding, yet often overwhelming journeys. Locating the information you will need to make the journey a success is often quite difficult and time consuming. This book provides the reader with the information necessary to take an idea from conception to completion in a successful and self-satisfying journey. One of the most important steps an individual will take begins with an examination of self ; readers that utilize the information in this publication will find that they have already taken the first step to success and have the necessary tools at their fingertips to successfully finish. In my position as Vice President of Human Resources, I am in contact with individuals of every description and within every discipline which cause me to address the following issues most frequently. How does the organization: 1. Implement and manage change, 2. Design the organization to be the most efficient, 3. Develop people in order to achieve business goals, and 4. Determine the metrics by which success should be measured. These issues are essential to achieve sustained business growth and plan for future expansion. This publication provides one of the most effective methods for managing not only the business, but the resources necessary for success and evaluating the business for potential profitability. --Denise Starcher, MBA, SPHR
Product Description
This book provides a road map of suggestions, insights and techniques for both buyers and sellers. It covers the entire selling process step-by-step - from making the decision of when to sell or buy, through determining how to market the company, to understanding the various legal & financial documents involved in a sale, and on to closing the deal and handling the transition afterwards. This book is geared toward the novice entrepreneur who wants to buy or sell a small business. Topics covered include: finding and evaluating a business to buy and/or sell, how to value a business, raising the necessary capital, evaluating a business financial condition using discounted cash flow, excess earnings, asset value, and income capitalization, brokers, leveraged buyouts, letters of intent, legal and tax concerns and contracts.