The Completeguide to Buying a Business3rd (Third) Edition bySteingold

by Steingold

The clear-cut information and forms you need to buy a business! If you're ready to acquire a business, make sure you protect your interests and get the best deal possible with The Complete Guide to Buying a Business. It shows you how *find the right business *analyze the seller's numbers *make sense of the tax issues *negotiate a payment plan *prepare and sign a sales agreement *close the deal *protect yourself from existing liabilities *prevent the seller from competing against you *work with lawyers, accountants and brokers The Complete Guide to Buying a Business provides a CD-ROM that helps you create more than two dozen crucial legal documents, *the sales agreement *confidentiality letter *promissory notes and security agreements *noncompete and consulting agreements *closing checklists Every document is accompanied by thorough, plain-English instructions.

Genres: Business

Paperback

First published January 1, 2005

Reviews

[Ryan Manganiello · Rating 5 out of 5]

I didn't read this one all the way to the end, but I got pretty close. There were way too many charts, diagrams, and example sheets to tread through, but all and all from what I did read, like most Nolo books, it was great and highly informative!

[J Lippe · Rating 3 out of 5]

Good overview of overall process. Informative to learn more of tax implications with asset allocation and other nuance items associated with final purchase agreement.

[Andrea Blythe · Rating 4 out of 5]

Nolo Press in general is a great source of books that present legal concerns in layman's terms. This book is an invaluable entry point for anyone (like me, who doesn't know anything about this kind of shenanigans), looking into what it takes to buy a business in the U.S. It provides a general overview of the steps to take in terms of investigating the business, what kind of sale to consider, how to write up various documents along the way, and where readers should look for outside expertise to help. It took a situation that looked like a scary maze of business terms and legality and provided arrows to safely lead toward the end point.

I did not finish it, because the individual who was looking to sell changed their mind. If they change it back again, or if another such opportunity presents itself, I'll come back to this book again to reread and follow through to the end.

[Barb · Rating 3 out of 5]

This book is a good supplement to online resources such as sba.gov. Clearly written and laid out, anyone considering buying or selling a business can benefit from the information.