Tips & Traps When Buying a Business (Tips and Traps)

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9780071457972: Tips & Traps When Buying a Business (Tips and Traps)

The bestselling Tips & Traps series helps you avoid bad investments and common mistakes as you build a new business

In this time of mass layoffs, stock market instability, and low interest rates, you might be interested in buying your own businesses—but don’t know where to start. Tips & Traps When Buying a Business gives a step-by-step approach to finding and financing an established small business or franchise. Greg Balanko- Dickson provides the skills to make the correct decisions for everything from investigating a business and arranging financing to hiring professionals, cutting costs, and negotiating a deal.

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From the Back Cover:

Buy a business and reap the benefits—without going bankrupt

Have you always dreamed of buying a business, but you just don’t know where to start? No matter your background or level of experience, Tips & Traps When Buying a Business delivers proven, real-world advice on successfully finding and financing an established small business or franchise.

This think-of-everything handbook presents detailed lists of things you must do, and important warnings on avoiding mistakes during each phase of the buying process. From selecting the right business and valuing it to obtaining financing, handling negotiations, and completing the sale, veteran entrepreneur Greg Balanko-Dickson gives you easy-to-follow strategies for making the right decisions. He equips you with all the skills you need to:

  • Develop a winning business plan
  • Investigate everything about a business before buying it
  • Arrange financing, hire professionals, and save on fees
  • Approach business owners and negotiate like a pro
  • Overcome obstacles, avoid pitfalls, and identify deal breakers

Complete with sample forms, checklists, real-life case studies, and appendices for further information, Tips & Traps When Buying a Business helps you minimize your risk and maximize your return as you make your dreams come true!

About the Author:

Greg Balanko-Dickson has worked as a consultant and seminar facilitator with hundreds of business owners in more than 30 different industries. He is a third-generation entrepreneur who has personally owned a number of different businesses and has been profiled in major media, including Entrepreneur magazine.

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