Description
The HBR Guide to Buying a Small Business offers entrepreneurs a practical roadmap for one of the most significant financial decisions they’ll make. Written by Harvard Business School experts Richard S. Ruback and Royce Yudkoff, this guide demystifies the process of finding, evaluating, and purchasing a small business.
The book covers critical topics including how to search for acquisition targets, assess business valuations, perform due diligence, negotiate effectively, and secure financing. Whether you’re looking to buy a local service business, retail operation, or established company, this guide provides actionable frameworks and real-world examples to help you make informed decisions.
Readers will learn how to identify hidden risks, understand financial statements, evaluate seller motivations, and structure deals advantageously. The authors emphasize thinking strategically about what type of business aligns with your skills and goals, ensuring long-term success as a small business owner.
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