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Buying Your Own Business: Identifying Opportunities, Analyzing True Value, Negotiating the Best Terms, Closing the Deal (Expert Advice for Small Business)

Buying Your Own Business: Identifying Opportunities, Analyzing True Value, Negotiating the Best Terms, Closing the Deal (Expert Advice for Small Business)

List Price: $10.95
Your Price: $8.21
Product Info Reviews

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Rating: 4 stars
Summary: Good, but outdated
Review: As a would be buyer i bought this book. Good, but unfortunately in desparate need of an update. Much has moved on including the internet as a medium for business sales, the size of businesses adopting his strategy, & the role of business brokers acting on the "buy side".

There arent many more recent books however, & this book is a very useful introduction if you are in the market for a larger sized business.

Rating: 4 stars
Summary: Great Insight and Ideas for Business Acquisition Strategies
Review: Great insight and ideas from someone who has 30+ yrs practical experience in business acquisitions.

Introductory chapters do a good job explaining broad overview of why and how people buy businesses. Subsequent chapters detail specific stages of the business buying process. Offers many rules-of-thumb useful for practical application.

Robb is a first time writer and some of the material seems to repeat itself. While "Buying Your Own Business" isn't great flowing narrative, it certainly tells you what you need to know if you've considered taking the plunge and becoming your own boss.

Rating: 3 stars
Summary: Not an end-all reference book
Review: I bought 2 books on this subject and may have returned the other book had I read this one first. It does not inspire much confidence for the first time, small-fry businesss buyer. The biggest disappointment is that the book claims to cater to businesses between 2 and 50 million dollars in annual sales. In reality, most examples (of the few provided) are at the top end of that scale which is out of my range. The book also spends an inordinate amount of time discussing the benefits of using business intermediaries. Why? I'll give you one guess what the author does for a living when he is not writing books. The best thing that I took from the book were the questions to ask and the financials to analyze during negotiations that I would not have thought of on my own. This information is quite helpful but it is spread across 300 pages of text and there is no summary list of these key points at the end as there are in other texts. If you buy this book it should be with the understanding that it will not be the only book you will need.

Rating: 2 stars
Summary: Superficial
Review: I found the contents of this book to be very generic and almost superficial. The comments were at times so generic, they were meaningless. If you are a 7th grader "dreaming" of buying a business some day, maybe this book is good enough. If you are serious about buying a business, and want concrete advice, examples and guidance, than look elsewhere. I found BUYOUT, by Rick Rikertsen much more informative; while it dealt with somewhat larger business transactions than most would be involved in, the advice and examples apply to buying any size business. Spend the little extra and get BUYOUT.

Rating: 2 stars
Summary: Superficial
Review: I found the contents of this book to be very generic and almost superficial. The comments were at times so generic, they were meaningless. If you are a 7th grader "dreaming" of buying a business some day, maybe this book is good enough. If you are serious about buying a business, and want concrete advice, examples and guidance, than look elsewhere. I found BUYOUT, by Rick Rikertsen much more informative; while it dealt with somewhat larger business transactions than most would be involved in, the advice and examples apply to buying any size business. Spend the little extra and get BUYOUT.

Rating: 5 stars
Summary: A Great Intro!
Review: I work as a business intermediary assisting clients in both selling and buying their business. I always recommend that first-time business buyers purchase and read this book.

Rating: 4 stars
Summary: Complete, realistic and a requirement for small biz buyers
Review: This is the second book I have read regarding buying a business, and I have found it to be extremely informative whether you are buying a business in the middle market (the market the book covers), or a smaller business. The book covers a methodology to follow, what to expect from a seller, who to get involved, and even has sample forms for your use. In fact, I used the Intent to Purchase agreement in the book for an offer, and was told by my lawyer that it was the most comprehensive he has seen, one he plans to put into his 'Hall of Fame' Folder.


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