How to Buy a Good Business at a Great Price, by Richard Parker
4/16/07
How to Buy a Good Business is a very through treatment of the process of busying a business. The book first sets the stage for what type of people ought to buy a business and what kind of businesses they might be interested in. The book goes on to discuss searching for a business and then evaluating the business. There are Great ideas for evaluating competition, asking questions, and understanding the business within the context of everything else.
Once you have identified a business to buy Parker takes you though a very detailed process of making an offer and negotiating the deal. He goes on to discuss financing options and does so with a wealth of experience of buying and brokering business deals. He then covers the due diligence period and finally closing the deal.
If you want to buy a business this book is a must read and a tool to be used and reviewed as you prepare for each part of a business purchase.
