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| financing a small business purchase: HBR Guide to Buying a Small Business Richard S. Ruback, Royce Yudkoff, 2017-01-17 An all-in-one guide to helping you buy and own your own business. Are you looking for an alternative to a career path at a big firm? Does founding your own start-up seem too risky? There is a radical third path open to you: You can buy a small business and run it as CEO. Purchasing a small company offers significant financial rewards—as well as personal and professional fulfillment. Leading a firm means you can be your own boss, put your executive skills to work, fashion a company environment that meets your own needs, and profit directly from your success. But finding the right business to buy and closing the deal isn't always easy. In the HBR Guide to Buying a Small Business, Harvard Business School professors Richard Ruback and Royce Yudkoff help you: Determine if this path is right for you Raise capital for your acquisition Find and evaluate the right prospects Avoid the pitfalls that could derail your search Understand why a dull business might be the best investment Negotiate a potential deal with the seller Avoid deals that fall through at the last minute Arm yourself with the advice you need to succeed on the job, with the most trusted brand in business. Packed with how-to essentials from leading experts, the HBR Guides provide smart answers to your most pressing work challenges. |
| financing a small business purchase: The Complete Guide to Selling a Business Fred S. Steingold, 2017-08-30 Out there somewhere is a buyer looking to buy a business like yours. So if you're ready to sell, make sure you protect your interests and maximize your profit with this all-in-one guide. |
| financing a small business purchase: Own Your Future Bill Grunau, 2009-03 Rarely do you come across a book that provides hands on practical advice in every chapter. Bill's real life experiences as an entrepreneur, CEO, and business broker leave the reader with a blueprint for business acquisitions. Ivory tower theory is not going to go a long way in an acquisition, one needs to get down in the trenches as Bill explains chapter by chapter. -Karl Fava, Principal, Business Financial Consultants Bill's polished style of writing reflects a common sense approach to buyer and seller concerns through the acquisition and divestiture process. A must read for first-time buyers and sellers of privately held businesses. -Glenn Haddad, Corporate Trainer and Business Intermediary I couldn't recommend a more salient primer for persons interested in purchasing a business. Bill Grunau distills the complexities of the purchase and sale of businesses into a plain English and common sense-format that will allow inexperienced buyers or sellers to confidently spot and navigate potential minefields in the transaction. Undoubtedly, the book can allow its reader to make better decisions-ones that will lead to successful results, profitability and peace of mind! -Thomas Lombardi, Founding Partner, Palmer, Lombardi, Donohue Law Firm Learn the ins and outs of buying privately held businesses and take the first step to accomplishing your dreams and becoming a success in Own Your Future. William Grunau, a corporate executive and entrepreneur with decades of experience, explains how you, too, can become your own boss. In this comprehensive guide on owning your own future, you'll learn: How to finance an acquisition with Small Business Administration financing; How to use your 401K or IRA funds to buy a business without penalties or taxes; How to write offers; How to conduct due diligence; How to develop a 100-day and first-year plan; How to develop an exit strategy; And much more! Unveil the mystery and secrets behind how deals are really done that only the insiders know. With this book, the process is demystified with step-by-step practical examples, tools, and tips that are easy to follow and apply. Whether you are ready to search for the right business, obtain financing, or determine the value of what you want to buy, Grunau carefully guides you every step of the way. It's time to stop sitting on your hands; it's time to Own Your Future. |
| financing a small business purchase: The SBA Loan Book Charles H Green, 2010-12-18 Spurred by President Obama, the Small Business Association has stepped up its loan program to companies around the nation. But to receive an SBA-guaranteed loan, firms must navigate a complex course of processes, qualifications, documentation, and approvals. You need this new edition of Charles Green's invaluable book to chart the best way to apply for and get an SBA loan. Green wastes no time in showing: Why an SBA loan guarantee is a good option in tough economic times How to choose the right bank at a time when many banks have failed and credit is tight What the new rules and regulations say about the paperwork and documentation loan applicants must supply In today's turbulent economic climate, solid financial backing is the key to small business survival. And this fully updated guide to SBA loans will help you land it. |
| financing a small business purchase: The Complete Guide to Buying a Business Fred S. Steingold, 2015-07-01 Takes readers from thinking, “Hmm, should I buy a business?” right through the process of choosing, investigating, and entering into a legal contract to do so. |
| financing a small business purchase: Navigating the Business Loan Morton Glantz, 2014-11-10 The need for back to basics information about credit risk has not disappeared; in fact, it has grown among lenders and investors who have no easy ways to learn about their clients. This short and readable book guides readers through core risk/performance issues. Readers learn the ways and means of running more efficient businesses, review bank and investor requirements as they evaluate funding requests, gain knowledge selling themselves, confidence in business plans, and their ability to make good on loans. They can download powerful tools such as banker's cash flow models and forecast equations programmable into a cell or tablet. Readers can punch keys to ascertain financial needs, calculate sales growth rates calling for external financing, profits required to internally finance their firms, and ways to position revenue growth rates in equilibrium with their firm's capital structure – a rock-solid selling point among smart lenders and investors. The book's how-to, practical and systematical guide to credit and risk analysis draws upon case studies and online tools, such as videos, spreadsheets, and slides in providing a concise risk/return methodology. - Introduces ways to define and manage risk - Uses case studies and online tools to extend and apply credit analysis and business management tools - Surveys hard and soft data and ways they help lenders, other financiers, small-business owners, and entrepreneurs spot potential problems, write optimal business plans, and deliver effective loan or /investor geared presentations |
| financing a small business purchase: Finance Your Own Business Garrett Sutton, Gerri Detweiler, 2016-01-05 Learn the financing fast track strategies used by successful entrepeneurs and investors. |
| financing a small business purchase: CAPITAL INVESTMENT AND FINANCING FOR BEGINNERS Dr. Ajay Tyagi, 2017-01-01 A corporate speculator embraces a monetary assessment while choosing whether to put resources into substantial resources or different business. The speculator needs to guarantee that it pays close to a reasonable incentive to buy the venture and that the monetary benefit for its proprietors is augmented. The part talks about monetary assessment with regards to venture choices with an emphasis on speculation valuation and organizing and assessment procedures. Capital gave to an organization, and any value produced inside, should just be put resources into resources if esteem is made for investors—that is, the point at which the estimation of financial advantages emerging from the advantages surpasses the cost of procuring those advantages. |
| financing a small business purchase: Sba Loan Book Charles H Green, 1999-03 Now in paperback -- the secret to getting the key to the executive suite! In today's competitive workplace, hard work, self-sacrifice, and a great resume simply aren't enough to propel executives to upper management. Achievements and credentials are only the minimum requirements -- to stand above the competition, executives must cultivate the intangibles: the elements of Leadership Presence. In The Road to CEO, seasoned executive recruiter Sharon Voros presents her own insights and those of hundreds of top executive recruiters to show aspiring managers how to enhance their executive presence and significantly improve their career prospects. Using case studies, interviews, and profiles, Voros describes how to develop the leadership skills that big businesses are looking for, as well as the personal abilities executives need in order to get the job. This essential resource reveals: -- How recruiters assess Leadership Presence -- How aspiring executives can assess their own Leadership Presence -- Who has Leadership Presence -- How to enhance Leadership Presence With invaluable inside information on what it really takes to make the grade, The Road to CEO reveals the crucial traits that distinguish successful candidates from the runners-up. |
| financing a small business purchase: Buy Then Build Walker Deibel, 2022-09 Entrepreneurs have a problem: startups. Almost all startups either fail or never truly reach a sustainable size. Despite the popularity of entrepreneurship, we haven't engineered a better way to start...until now. What if you could skip the startup phase and generate profitable revenue on day one? In BUY THEN BUILD, acquisition entrepreneur Walker Deibel shows you how to begin with a sustainable, profitable company and grow from there. You'll learn how to: Buy an existing company rather than starting from scratch Use ownership as a path to financial independence Spend a fraction of the time raising capital Find great brokers, generate your own deal flow, and see new listings early Uncover the best opportunities and biggest risks of any company Navigate the acquisition process Become a successful acquisition entrepreneur And more BUY THEN BUILD is your guide to outsmart the startup game, live the entrepreneurial lifestyle, and reap the financial rewards of ownership now. |
| financing a small business purchase: Small Business Finance All-in-One For Dummies Faith Glasgow, 2012-02-27 Keeping track of the finances is fundamental to the success of every business, but tackling the task yourself can be intimidating. Help is at hand, however, with this complete guide to small business money management. Packed with expert advice on all aspects of business finance, including basic bookkeeping and accounting, monitoring profit and performance, managing payroll, tackling tax, and forecasting for growth, Small Business Finance All-in-One For Dummies helps you to take control of your finances, stay on top of the paperwork, and keep the cash flowing. |
| financing a small business purchase: Finance Your Business The Staff of Entrepreneur Media, 2016-11-21 FUND YOUR DREAM BUSINESS Every business needs money. Whether you’re just starting out or are ready to expand, hunting for cash isn’t easy and you’ll need a game plan to be successful. The experts of Entrepreneur can help improve your odds of success by exploring the available options to guiding you from small business loans and angel investors to crowdfunding and venture capital. |
| financing a small business purchase: The State Small Business Credit Initiative (SSBCI) Marcus Powell, 2013 The SSBCI provides funding to states, territories, and eligible municipalities to expand existing or to create new state small business investment programs, including state capital access programs, collateral support programs, loan participation programs, loan guarantee programs, and venture capital programs. This book examines the SSBCI and its implementation, including Treasury's response to initial program audits conducted by the U.S. Government Accountability Office and Treasury's Office of Inspector General. These audits suggested that SSBCI participants were generally complying with the statute's requirements, but that some compliance problems existed, in that, the Treasury's oversight of the program could be improved; and performance measures were needed to assess the program's efficacy. |
| financing a small business purchase: Small Business Finance for the Busy Entrepreneur Sylvia Inks, 2016-09-16 I could have paid 10x the cost of this book and still considered it a bargain to get these lessons upfront. - Chad Carson, 14-year real estate entrepreneur and blogger at coachcarson.com As a busy entrepreneur myself, the last thing I want to do is stop down to research the hard-to-find answers to those difficult business finance questions. Sylvia's done us all a great service by compiling the knowledge and putting this blueprint together. - Philip Taylor, founder of FinCon I found the case studies provided an additional way to understand the basic concepts, inspiring me to make thoughtful decisions....and that it's never too late! - Leslie Flowers, Managing Member, Leslie Flowers Enterprises, LLC Do you want to keep more of the money you earn, save time, and reduce stress in running your own business? If you are an entrepreneur, and you are not making the profits that you want and need in the business, don't fully understand the numbers in running your business, and are wishing you could get a better handle on the finances in order to spend more time with your family and loved ones, this book is for you. I'll help you understand the key components that have the biggest impact to creating and maintaining a profitable business. Inside, you'll discover: The #1 biggest mistake that over 50% small business owners make that increases the amount of time and money needed to prepare taxes. How to keep your hard-earned money...and stay in business! Be part of the select group of entrepreneurs that makes it past your fifth year in business. Case studies from real entrepreneurs that show exactly why these lessons are important and what can happen if you don't know what to do, and when. And so much more... How this book is different than any other finance book: While many finance books and resources are complex and more about general theory, this book is a practical guide that gives you STEP-BY-STEP instructions and details of what to do, and when. This book includes 21 best practices with all the information in one place. You can jump straight to the chapter that solves your top burning pains and struggles. It includes a number of important business topics that you won't find covered in other introductory books. So what are you waiting for? Once you've secured yourself a copy of Small Business Finance for the Busy Entrepreneur, you'll find an exclusive invitation to receive bonus materials that will save you even more time and money. Save time. Save money. Become Profitable. ===> Scroll up and click the add to cart button to secure your copy NOW. |
| financing a small business purchase: Buying a Business to Secure Your Financial Freedom Edward T. Pendarvis, 2005-01-07 The low-risk secret to a high-pro fit business--a perfect primer for first-time entrepreneurs More and more people are leaving their jobs and investing in small businesses--today's leading job growth opportunity. But isn't it risky? Not with Ed Pendarvis, whose business brokerage firm was rated #1 by Entrepreneur magazine. Once investors learn how to find and evaluate the right kind of business, the risks can be reduced--and profits dramatically increased. The secret lies in valuing and purchasing an already existing small business or franchise, one with a proven track record and potential for continued success. With this simple motivational guide, even a first-time entrepreneur can learn how to: Locate a business Negotiate a price Complete a sale Protect an investment Finance the future Achieve true financial freedom |
| financing a small business purchase: Buy Your Own Business With Other People's Money Robert A. Cooke, 2014-10-21 Most entrepreneurs interested in buying a business naturally assume they need large amounts of cash to work a deal. In fact, there are other ways to fund an entrepreneurial venture, particularly through seller financing. This simple, straightforward guide covers every possible source of financing available for wannabe business owners, how to deal with sellers, and how to use asset financing, selling equity, and asset protection. Buy Your Own Business with Other People’s Money shows that you don’t have to be rich to buy a business; you just need to be creative in financing your new business. For everyone who dreams of owning a business one day, this book has the answers. |
| financing a small business purchase: Introduction to Business Lawrence J. Gitman, Carl McDaniel, Amit Shah, Monique Reece, Linda Koffel, Bethann Talsma, James C. Hyatt, 2024-09-16 Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License. |
| financing a small business purchase: Guerrilla Financing Bruce Jan Blechman, Jay Conrad Levinson, 1992-08-20 The authors offer creative, street-smart financing techniques for raising capital for any type of business anywhere in the country, no matter what the circumstances. Nontraditional methods of achieving one's goals are outlined, using fresh and innovative sources of financing that are available to anyone with a winning idea or business. |
| financing a small business purchase: How to Raise Capital Jeffry A. Timmons, Stephen Spinelli, Andrew Zacharakis, 2004-10-21 The entrepreneur's step-bystep guide to venture capital--where to find it, how to secure it, and what to do with it Fewer than 40 percent of entrepreneurs seeking new business funding each year actually get that funding. How to Raise Capitalimproves those odds, providing prospective as well as current business owners with the knowledge they need to prepare an effectiveloan proposal, locate a suitable investor, negotiate and close the deal, and more. The all-star team of entrepreneurial experts behind How to Raise Capital gives readers top-level educational theory with hands-on, real-world knowledge. This thorough examinationof the inner workings of the venture capital industry explores: Resources available to entrepreneurs, from SBA loans to angel investors Proven strategies for identifying and approaching equity sources Characteristics of a superdeal--from the investor's perspective |
| financing a small business purchase: Bank On Yourself Pamela Yellen, 2010-03-23 The Wall Street Journal, USA Today, and BusinessWeek bestseller Bank On Yourself: The Life-Changing Secret to Growing and Protecting Your Financial Future reveals the secrets to taking back control of your financial future that Wall Street, banks, and credit card companies don’t want you to know. Can you imagine what it would be like to look forward to opening your account statements because they always have good news and never any ugly surprises? More than 100,000 Americans of all ages, incomes, and backgrounds are already using Bank On Yourself to grow a nest-egg they can predict and count on, even when stocks, real estate, and other investments tumble. You’ll meet some of them and hear their stories of how Bank On Yourself has helped them reach a wide variety of short- and longterm personal and financial goals and dreams in this book. |
| financing a small business purchase: Loan Documentation Alexandra M. Peters, 2005 |
| financing a small business purchase: Fintech, Small Business & the American Dream Karen G. Mills, 2019-03-12 Small businesses are the backbone of the U.S. economy. They are the biggest job creators and offer a path to the American Dream. But for many, it is difficult to get the capital they need to operate and succeed. In the Great Recession, access to capital for small businesses froze, and in the aftermath, many community banks shuttered their doors and other lenders that had weathered the storm turned to more profitable avenues. For years after the financial crisis, the outlook for many small businesses was bleak. But then a new dawn of financial technology, or “fintech,” emerged. Beginning in 2010, new fintech entrepreneurs recognized the gaps in the small business lending market and revolutionized the customer experience for small business owners. Instead of Xeroxing a pile of paperwork and waiting weeks for an answer, small businesses filled out applications online and heard back within hours, sometimes even minutes. Banks scrambled to catch up. Technology companies like Amazon, PayPal, and Square entered the market, and new possibilities for even more transformative products and services began to appear. In Fintech, Small Business & the American Dream, former U.S. Small Business Administrator and Senior Fellow at Harvard Business School, Karen G. Mills, focuses on the needs of small businesses for capital and how technology will transform the small business lending market. This is a market that has been plagued by frictions: it is hard for a lender to figure out which small businesses are creditworthy, and borrowers often don’t know how much money or what kind of loan they need. New streams of data have the power to illuminate the opaque nature of a small business’s finances, making it easier for them to weather bumpy cash flows and providing more transparency to potential lenders. Mills charts how fintech has changed and will continue to change small business lending, and how financial innovation and wise regulation can restore a path to the American Dream. An ambitious book grappling with the broad significance of small business to the economy, the historical role of credit markets, the dynamics of innovation cycles, and the policy implications for regulation, Fintech, Small Business & the American Dream is relevant to bankers, fintech investors, and regulators; in fact, to anyone who is interested in the future of small business in America. |
| financing a small business purchase: The Small Business Bible Steven D. Strauss, 2012-02-27 An updated third edition of the most comprehensive guide to small business success Whether you're a novice entrepreneur or a seasoned pro, The Small Business Bible offers you everything you need to know to build and grow your dream business. It shows you what really works (and what doesn't!) and includes scores of tips, insider information, stories, and proven secrets of success. Even if you've run your own business for years, this handy guide keeps you up to date on the latest business and tech trends. This Third Edition includes entirely new chapters devoted to social media, mobility and apps, and new trends in online discounting and group buying that are vital to small business owners everywhere. New chapters include: How to use Facebook, Twitter, and other social media tools to engage customers and potential stakeholders How to generate leads and win strategic partnerships with LinkedIn How to employ videos and YouTube to further your brand What you need to know about Groupon and group discount buying What mobile marketing can do for your business Give your small business its best shot by understanding the best and latest small business strategies, especially in this transformative and volatile period. The Small Business Bible offers every bit of information you'll need to know to succeed. |
| financing a small business purchase: Strategies for Successfully Buying Or Selling a Business Russell L. Brown, 1997 This text covers every aspect of buying and selling a business. It describes an easy five-step method to valuing any business, lays out the buyer's and seller's responsibilities, advises on the best time to sell a business, and gives the pros and cons of using business brokers. The text describes the all-important 3-step negotiation process, and essential franchise considerations. |
| financing a small business purchase: The Small Business Owner's Guide to Alternative Funding Karlene Sinclair-Robinson, 2010-02 The Use of Alternative Funding in Today's Market is Crucial Our current national financial situation makes it even harder for small businesses to qualify for bank financing. Balancing the scale in this arena is vital, but will it even out for you? This handy book >is here to guide you through the maze of options that might be of benefit to your company. You'll better understand the various financial options available, and how to access them, including tips on: Personal Financing Peer-to-Peer Lending Microloans Asset-Based Loans Factoring and Accounts Receivable Financing Merchant Cash Advance Purchase Order Financing Equipment Lease Financing Commercial Real Estate Financing Venture Capital Financing You'll also find valuable information on getting your small business started and the basic principles every owner should know. Help make your business a success and know your options! |
| financing a small business purchase: New Methods Of Financing Your Business In The United States: A Strategic Analysis Frederick D Lipman, 2016-01-25 United States (US) has one of the deepest pools of potential investors of any country. It has more than 33 million total investors, both accredited and non-accredited. It has been reported that over 9 million US households qualify as accredited investors, with a net worth of over $1 million (exclusive of primary residence). It has also been reported that, in US, there are over 700,000 “angel investors” who are willing to invest their own money in ranges of $150,000 to $2 million. This book will describe three new methods of raising capital from US investors which have recently been approved. It also analyzes strategies for successfully implementing these finance methods.This book is intended for entrepreneurs (both US and international) who are thinking of growing their business with outside capital from US. It will be of importance for all start-up and middle-market companies who are in need of additional capital to grow their businesses. |
| financing a small business purchase: How to Raise Money for a Small Business , 1993 |
| financing a small business purchase: Mergers and Acquisitions of Privately Held Companies Richard D. Harroch, David A. Lipkin, Richard Smith, 2018 |
| financing a small business purchase: Finding Money - the Small Business Guide to Financing Kate Lister, Tom Harnish, 2010-04-17 Finding money is an art you can learn. You can learn who has money, how they operate, and how you can convince them to lend or invest in your business.This book with answer your questions about:+ What kinds of loans, grants, and other financing are available+ How much money should I borrow or raise+ What kind of small business loans or investment am I likely to qualify for+ How do I prepare a business loan application or investment prospectus+ How do I prepare an cash flow proforma+ How do I go about finding venture capital or angel investors + What can I do to bootstrap my business if I can't find a lender or investorIf you're an entrepreneur starting a business, planning a home-based business, or running a fast growing firm, Finding Money will help you finance your dream.One of the best books I've ever read on the subject - David Thornburgh, Director Wharton Small Business Development Center |
| financing a small business purchase: Securitization of Small Business Loans Christopher Beshouri, 1994 |
| financing a small business purchase: The Virtual Handshake David Teten, Scott Allen, 2005 Online social networks such as LinkedIn, blogs, and Meetup have enjoyed phenomenal growth in the past year. They are among many new social software tools in an arsenal that also includes virtual communities, social network sites, and much more. The Virtual Handshake is the roadmap to a dynamic (and lucrative) online arena that is fast becoming the crucial relationship-building environment for serious professionals. Filled with clear, real-life examples, The Virtual Handshake shows readers how to: * attract business in online networks * meet more relevant senior people * start and promote a blog * analyze and value their social network * use web conferencing and discussion forums to build awareness * manage their contact databases * ensure privacy and safety For professionals whose businesses rely on a constant flow of new opportunities and contacts, The Virtual Handshake is a practical and vital resource. |
| financing a small business purchase: The Small Business Advocate , 1995-05 |
| financing a small business purchase: The Pig Book Citizens Against Government Waste, 2013-09-17 The federal government wastes your tax dollars worse than a drunken sailor on shore leave. The 1984 Grace Commission uncovered that the Department of Defense spent $640 for a toilet seat and $436 for a hammer. Twenty years later things weren't much better. In 2004, Congress spent a record-breaking $22.9 billion dollars of your money on 10,656 of their pork-barrel projects. The war on terror has a lot to do with the record $413 billion in deficit spending, but it's also the result of pork over the last 18 years the likes of: - $50 million for an indoor rain forest in Iowa - $102 million to study screwworms which were long ago eradicated from American soil - $273,000 to combat goth culture in Missouri - $2.2 million to renovate the North Pole (Lucky for Santa!) - $50,000 for a tattoo removal program in California - $1 million for ornamental fish research Funny in some instances and jaw-droppingly stupid and wasteful in others, The Pig Book proves one thing about Capitol Hill: pork is king! |
| financing a small business purchase: The Customer-Funded Business John Mullins, 2014-07-21 Who needs investors? More than two generations ago, the venture capital community – VCs, business angels, incubators and others – convinced the entrepreneurial world that writing business plans and raising venture capital constituted the twin centerpieces of entrepreneurial endeavor. They did so for good reasons: the sometimes astonishing returns they've delivered to their investors and the astonishingly large companies that their ecosystem has created. But the vast majority of fast-growing companies never take any venture capital. So where does the money come from to start and grow their companies? From a much more agreeable and hospitable source, their customers. That's exactly what Michael Dell, Bill Gates and Banana Republic's Mel and Patricia Ziegler did to get their companies up and running and turn them into iconic brands. In The Customer Funded Business, best-selling author John Mullins uncovers five novel approaches that scrappy and innovative 21st century entrepreneurs working in companies large and small have ingeniously adapted from their predecessors like Dell, Gates, and the Zieglers: Matchmaker models (Airbnb) Pay-in-advance models (Threadless) Subscription models (TutorVista) Scarcity models (Vente Privee) Service-to-product models (GoViral) Through the captivating stories of these and other inspiring companies from around the world, Mullins brings to life the five models and identifies the questions that angel or other investors will – and should! – ask of entrepreneurs or corporate innovators seeking to apply them. Drawing on in-depth interviews with entrepreneurs and investors who have actually put these models to use, Mullins goes on to address the key implementation issues that characterize each of the models: when to apply them, how best to apply them, and the pitfalls to watch out for. Whether you're an aspiring entrepreneur lacking the start-up capital you need, an early-stage entrepreneur trying to get your cash-starved venture into take-off mode, an intrapreneur seeking funding within an established company, or an angel investor or mentor who supports high-potential ventures, this book offers the most sure-footed path to starting, financing, or growing your venture. John Mullins is the author of The New Business Road Test and, with Randy Komisar, the widely acclaimed Getting to Plan B. |
| financing a small business purchase: Entrepreneurial Finance: Finance and Business Strategies for the Serious Entrepreneur Steven Rogers, 2008-05-01 To start a successful business, you need a comprehensive toolbox full of effective financial and business techniques at your fingertips. Entrepreneurial Finance provides the essential tools and know-how you need to build a sturdy foundation for a profitable business. This practical road map guides you from crafting a meaningful business plan to raising your business to the next level. It offers potent methods for keeping firm financial control of your enterprise and insightful tips for avoiding the multitude of financial barriers that may block your entrepreneurial dream. Written by Steven Rogers, a leading educator at the prestigious Kellogg School of Management, this reliable guidebook covers: The dual objectives of a business plan and how to ensure that both are fulfilled Differences between debt and equity financing and how and why to use each Real-world methods for structuring a deal to benefit both the financier and the entrepreneur Valuation techniques for understanding what your business is truly worth Essential resources for finding the detailed information you need Entrepreneurial Finance clearly explains the inescapable rules of finance and business by using real-world examples and cutting-edge data from the Global Entrepreneurship Monitor (GEM) research project. It features up-to-date coverage of phantom stock, options, and the state of entrepreneurship in such countries as Canada, Europe, Asia, and South America. This definitive guide is effective in today's business climate, with robust, no-nonsense coverage on everything from the new realities of revenue valuation and the growth of women entrepreneurs to the fallout from the dot-com boom and the impact of Sarbanes-Oxley on corporate governance. Just because you're in business for yourself doesn't mean you're alone. Entrepreneurial Finance helps you create a long-term plan for achieving maximum profit. |
| financing a small business purchase: Financing Entrepreneurship Philip E. Auerswald, Ant Bozkaya, 2008 Auerswald and Bozkaya have edited this collection of 24 papers about entrepreneurial finance, and the role the government takes in financing and motivating these concerns. These papers emphasize how entrepreneurs have taken advantage of a globalized economy to achieve unprecedented and accelerated success. Topics include the role of private equity and debt markets, entrepreneurial survival tactics and the relationship between entrepreneurs and bureaucrats. Written for business students and modern entrepreneurs, this large reference volume also discusses the debate between self-financing vs. the use of lending institutions. |
| financing a small business purchase: Buying and Selling a Small Business NewGround Publications, 2004 |
| financing a small business purchase: The Messy Marketplace Brent Beshore, 2024-08 The marketplace for small and midsize businesses is messy. Having peeked behind the curtain at over 10,000 companies, this book aims to demystify the buyers, the process, and the inevitably emotional journey that is selling a company. If you're reading this, you're likely an entrepreneur, a family member or close friend of a business owner, or an advisor to an owner. Great businesses outlast individual careers, including those of owners and founders. At some point, in some way, each business must be transitioned - years pass, people age, markets change, opportunities appear - as do challenges. Selling, whether it be a stake or the whole company, often carries an unfortunate amount of stress, anxiety, and frustration. Most of the time, selling is a once-in-a-lifetime occurrence, and the traditional paths are unnecessarily opaque. Do something enough and you get good at it. Just as you have built your expertise, my colleagues and I have had the privilege to peek behind the curtain at over 15,000 companies - reviewing financial statements, meeting with leadership, and seeking to understand what makes each company tick. Talking with hundreds of business owners, we noticed that many of the same questions, concerns, and thoughts repeat. And that makes sense. Just as all businesses share many commonalities, sellers of those businesses will have mostly similar experiences, with differences in personality, motivation, and situation driving the nuance. This book attempts to demystify deal-making from a seller's point of view. As much as the finance industry likes to pretend to be buttoned up, investors and bankers are largely disorganized, and the process is unnecessarily shrouded in mystery. It's a messy marketplace, with every type, temperament, and motive imaginable. The goal of this book is to help sellers, the families of sellers, sellers' advisors, and company leadership to understand the market for smaller companies, allowing them to make better decisions and create better outcomes. Our hope is that you walk away from this book better prepared to understand the path forward, the vantage points of everyone involved, and the process of a transition through a transaction with an outside investor. This is the second edition of The Messy Marketplace. When initially drafted in 2017, we had a little over 10 years under our belt. In the subsequent years, we've seen the marketplace and valuations continue to evolve, endured a pandemic, and made more than a dozen new investments. While most of the original text is intact, the updates underscore what's new or increasingly important when trying to successfully do a deal. |
| financing a small business purchase: Venture Capital and Angel Investing Andrew M. Lane, Nicole P. Mifflin, 2011 Entrepreneurs constantly seek capital for new and existing ventures even though they face considerable constraints in obtaining financing. Venture capital from outside investors has been considered an important driver in the start-up and growth of entrepreneurial firms. Unlike venture capital investments, angel investments are made by individual investors who do not make up a known population. Therefore, much of what is reported about angel investing comes from anecdotes and surveys of convenience samples, which are prone to biases and inaccuracies. This book examines the roles of angel investing in the entrepreneurial finance system and the funded and unfunded business plans to determine the key factors in the venture capital investment decision process. |
| financing a small business purchase: Not Just A Living Mark Henricks, 2003-07-03 As people have come to yearn for more fulfilling and creative work, many are realizing their dreams by leaving the corporate life behind and creating businesses around the things they love. In Not Just a Living, Mark Henricks explores the genesis of this cultural and social phenomenon and offers a comprehensive approach for assessing your own potential, taking the plunge, and building a business that helps you fulfill both personal and professional aspirations. Combining the authority of firsthand experience, colorful and engaging stories from the front lines, and a variety of diagnostic and planning tools, Henricks shows you how to determine whether the entrepreneurial route is right for you, recognize opportunities, overcome obstacles, plan your course, and launch and sustain your business-whether it's a solo venture out of your garage or a multi-million-dollar enterprise. |
Financing: What It Means and Why It Matters - Investopedia
Jun 8, 2023 · Financing is the process of funding business activities, making purchases, or investments. There are two types of financing: equity financing and debt financing.
Financing - Overview, Types, and Key Considerations
Financing refers to the methods and types of funding a business uses to sustain and grow its operations. It consists of debt and equity capital, which are used to carry out capital investments, …
Finance | Definition, Types, & Facts | Britannica Money
Finance, of financing, is the process of raising funds or capital for any kind of expenditure. It is the process of channeling various funds in the form of credit, loans, or invested capital to those …
FINANCING | English meaning - Cambridge Dictionary
FINANCING definition: 1. the money needed to do a particular thing, or the way of getting the money: 2. money that a…. Learn more.
Owner Financing: What It Is and How It Works - Bankrate
May 22, 2025 · Owner financing is an arrangement in which a homeowner or seller, rather than a bank or mortgage lender, extends a loan to a buyer. The owner financing contract can be …
FINANCING Definition & Meaning - Merriam-Webster
The meaning of FINANCING is the act or process or an instance of raising or providing funds; also : the funds thus raised or provided.
Financing - Overview, Types, and Key Considerations - Wall Street …
Jan 24, 2025 · Effective financing strategies balance the use of debt and equity to optimize the cost of capital and minimize financial risk. Debt financing includes loans, bonds, and lines of credit, …
Financing 101: Understanding the Basics of Business ... - Razorpay
Apr 24, 2023 · Learn the basics of business financing with our detailed guide. Understand types of financing, how it works & why it's important for businesses.
What is financing? - PayPal
Dec 6, 2023 · Financing is the process of receiving funds from a lender to help make a purchase and then paying those funds back over time. For example, someone may want to finance big …
Financing Options - Definition, Explained, Examples, Types
Financing is the simple process of funding a business, initiating a purchase, making an investment, or raising capital through different mediums of financing. Individuals can employ the process to …
Financing: What It Means and Why It Matters - Investopedia
Jun 8, 2023 · Financing is the process of funding business activities, making purchases, or investments. There are two types of financing: equity financing and debt financing.
Financing - Overview, Types, and Key Considerations
Financing refers to the methods and types of funding a business uses to sustain and grow its operations. It consists of debt and equity capital, which are used to carry out capital …
Finance | Definition, Types, & Facts | Britannica Money
Finance, of financing, is the process of raising funds or capital for any kind of expenditure. It is the process of channeling various funds in the form of credit, loans, or invested capital to those …
FINANCING | English meaning - Cambridge Dictionary
FINANCING definition: 1. the money needed to do a particular thing, or the way of getting the money: 2. money that a…. Learn more.
Owner Financing: What It Is and How It Works - Bankrate
May 22, 2025 · Owner financing is an arrangement in which a homeowner or seller, rather than a bank or mortgage lender, extends a loan to a buyer. The owner financing contract can be …
FINANCING Definition & Meaning - Merriam-Webster
The meaning of FINANCING is the act or process or an instance of raising or providing funds; also : the funds thus raised or provided.
Financing - Overview, Types, and Key Considerations - Wall Street …
Jan 24, 2025 · Effective financing strategies balance the use of debt and equity to optimize the cost of capital and minimize financial risk. Debt financing includes loans, bonds, and lines of …
Financing 101: Understanding the Basics of Business ... - Razorpay
Apr 24, 2023 · Learn the basics of business financing with our detailed guide. Understand types of financing, how it works & why it's important for businesses.
What is financing? - PayPal
Dec 6, 2023 · Financing is the process of receiving funds from a lender to help make a purchase and then paying those funds back over time. For example, someone may want to finance big …
Financing Options - Definition, Explained, Examples, Types
Financing is the simple process of funding a business, initiating a purchase, making an investment, or raising capital through different mediums of financing. Individuals can employ …
