HBR Guide to Buying a Small Business
Think Big, Buy Small, Own Your Own Company (HBR Guide Series)
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Narrated by:
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Brian Holsopple
About this listen
Think big, buy small.
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; and avoid deals that fall through at the last minute.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©2017 Harvard Business School Publishing Corporation (P)2024 Ascent AudioListeners also enjoyed...
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21 Stupid Things People Do When Trying to Buy a Business
- Learn How to Avoid These Awful Novice Mistakes
- By: David Barnett
- Narrated by: David C. Barnett
- Length: 59 mins
- Unabridged
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Overall
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Want to break free of the shackles of your employee life? Want to control your own destiny and set your own hours, priorities and life direction? Simple, become an entrepreneur and start a business! Don't like the risk of starting and want to buy a successful business instead? Okay, just don't do these stupid mistakes that I see novice business buyers make over and over and over again. Every day thousands of really awful businesses go up for sale, and thousands of good businesses go up for sale with outrageously inflated asking prices.
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Just What I Was Looking For.
- By DB on 05-26-18
By: David Barnett
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Buying a Business for Dummies
- By: Eric Tyson MBA, Jim Schell
- Narrated by: Michael Butler Murray
- Length: 9 hrs and 16 mins
- Unabridged
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Buying a Business for Dummies guides you through the process of becoming an entrepreneur without starting from scratch. Before you purchase an existing business, you'll need to know what types of opportunities are out there, how to identify the right fit for your goals, and which strategies to use as you negotiate the deal and manage a smooth transition. This book gives you step-by-step advice on all of that.
By: Eric Tyson MBA, and others
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Buying vs. Starting a Small Business
- A Guide to Keep You from Going Broke
- By: David Barnett
- Narrated by: David Barnett
- Length: 1 hr and 34 mins
- Unabridged
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Overall
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Performance
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Story
Do you dream of being your own boss? You can start a small business, or you can acquire one already underway. After going through this program, you will understand the particular risks and benefits of each method. We will explore what it really means to be successful in your own business beyond the surface-level statistics. You will learn how businesses are valued and how to use tools like debt to acquire one or buy the stuff you need to do a startup. Most importantly, we’ll explore the real risks of small business and manage those risks.
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Real Advice. No Hype.
- By John on 01-21-25
By: David Barnett
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How to Buy a Business with Little or No Money Down
- By: Ade Asefeso - MCIPS MBA
- Narrated by: Francie Wyck
- Length: 3 hrs and 3 mins
- Unabridged
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Overall
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Performance
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Story
Many smart entrepreneurs prefer to buy an existing business instead of beginning a new one. Buying a business that is already operational will bring many benefits, including an already established product or service, well-trained staff who know the business, and enough success to have kept the company afloat for a period of time. Not having any money to purchase the business will not necessarily keep you from buying it.
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interesting book, needs more editing
- By John Watts on 09-18-18
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Buy Then Build
- How Acquisition Entrepreneurs Outsmart the Startup Game
- By: Walker Deibel
- Narrated by: Roger Wayne
- Length: 7 hrs and 58 mins
- Unabridged
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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.
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Don’t Pass on Reading This Book
- By Serenity Software on 03-07-20
By: Walker Deibel
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Here's the Deal
- Everything You Wish a Lawyer Would Tell You About Buying a Small Business
- By: Joel Ankney
- Narrated by: Mike Lenz
- Length: 4 hrs and 59 mins
- Unabridged
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A seasoned deal lawyer demystifies the process of buying a small business. Learn about what happens before, during and after the closing of the deal. Learn what typical purchase agreement provisions mean. Educating yourself about the process, what to expect, and how to resolve common issues can help reduce stress, save time, and save on legal fees.
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Useful and understandable
- By Philo on 04-24-21
By: Joel Ankney
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21 Stupid Things People Do When Trying to Buy a Business
- Learn How to Avoid These Awful Novice Mistakes
- By: David Barnett
- Narrated by: David C. Barnett
- Length: 59 mins
- Unabridged
-
Overall
-
Performance
-
Story
Want to break free of the shackles of your employee life? Want to control your own destiny and set your own hours, priorities and life direction? Simple, become an entrepreneur and start a business! Don't like the risk of starting and want to buy a successful business instead? Okay, just don't do these stupid mistakes that I see novice business buyers make over and over and over again. Every day thousands of really awful businesses go up for sale, and thousands of good businesses go up for sale with outrageously inflated asking prices.
-
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Just What I Was Looking For.
- By DB on 05-26-18
By: David Barnett
-
Buying a Business for Dummies
- By: Eric Tyson MBA, Jim Schell
- Narrated by: Michael Butler Murray
- Length: 9 hrs and 16 mins
- Unabridged
-
Overall
-
Performance
-
Story
Buying a Business for Dummies guides you through the process of becoming an entrepreneur without starting from scratch. Before you purchase an existing business, you'll need to know what types of opportunities are out there, how to identify the right fit for your goals, and which strategies to use as you negotiate the deal and manage a smooth transition. This book gives you step-by-step advice on all of that.
By: Eric Tyson MBA, and others
-
Buying vs. Starting a Small Business
- A Guide to Keep You from Going Broke
- By: David Barnett
- Narrated by: David Barnett
- Length: 1 hr and 34 mins
- Unabridged
-
Overall
-
Performance
-
Story
Do you dream of being your own boss? You can start a small business, or you can acquire one already underway. After going through this program, you will understand the particular risks and benefits of each method. We will explore what it really means to be successful in your own business beyond the surface-level statistics. You will learn how businesses are valued and how to use tools like debt to acquire one or buy the stuff you need to do a startup. Most importantly, we’ll explore the real risks of small business and manage those risks.
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Real Advice. No Hype.
- By John on 01-21-25
By: David Barnett
-
How to Buy a Business with Little or No Money Down
- By: Ade Asefeso - MCIPS MBA
- Narrated by: Francie Wyck
- Length: 3 hrs and 3 mins
- Unabridged
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Overall
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Performance
-
Story
Many smart entrepreneurs prefer to buy an existing business instead of beginning a new one. Buying a business that is already operational will bring many benefits, including an already established product or service, well-trained staff who know the business, and enough success to have kept the company afloat for a period of time. Not having any money to purchase the business will not necessarily keep you from buying it.
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interesting book, needs more editing
- By John Watts on 09-18-18
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The Lifestyle Business Owner
- How to Buy a Business, Grow Your Profits, and Make It Run Without You
- By: Aaron Muller
- Narrated by: Chris Abell
- Length: 6 hrs and 52 mins
- Unabridged
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The Lifestyle Business Owner reveals how ordinary people can buy a small business in their community, earn a six-figure income, and make the business run without them. Aaron Muller, founder of Lifestyle Business Owner Academy, reveals the three-step formula he utilized to go from a kid who didn't attend college to the owner of eight companies that run without him. Now it’s your turn to discover the secrets to owning a business that gives you the financial freedom, lifestyle, and contribution you desire.
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Self-Promoting Business Broker
- By Pat Lazure on 07-27-19
By: Aaron Muller
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Master Mentors
- 30 Transformative Insights from Our Greatest Minds
- By: Scott Jeffrey Miller
- Narrated by: Scott Miller
- Length: 5 hrs and 54 mins
- Unabridged
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Mining the best and brightest revelations from Franklin Covey’s global podcast, On Leadership with Scott Miller, Scott personally introduces you to 30 Master Mentors, featuring the single most transformative insight from each of them.
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Name dropping, shallow content, false humility
- By Sandy McPherson on 09-13-21
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From Startup to Exit
- An Insider's Guide to Launching and Scaling Your Tech Business
- By: Shirish Nadkarni
- Narrated by: Tom Parks
- Length: 8 hrs and 5 mins
- Unabridged
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Overall
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Performance
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Story
Tech entrepreneurs, make your startup dreams come true by utilizing this invaluable, founder-to-founder guide to successfully navigating all phases of the tech startup journey. With the advent of the internet, mobile computing, and now AI/Machine learning and cloud computing, the number of new startups has accelerated over the last decade across tech centers in Silicon Valley, Israel, India, and China.
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Start to finish everything
- By SEIJAL GAUTAM on 05-10-24
By: Shirish Nadkarni
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HBR Guide to Getting the Right Work Done
- HBR Guide Series
- By: Harvard Business Review
- Narrated by: Jonathan Yen
- Length: 3 hrs and 49 mins
- Unabridged
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Your inbox is overflowing. You're paralyzed because you have too much to do but don't know where to start. Your to-do list never seems to get any shorter. You leave work exhausted but have little to show for it. It's time to learn how to get the right work done. In the HBR Guide to Getting the Right Work Done, you'll discover how to focus your time and energy where they will yield the greatest reward. Not only will you end each day knowing you made progress—your improved productivity will also set you apart from the pack.
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So helpful
- By Kathryn Smith on 03-26-24
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The Private Equity Playbook
- Management's Guide to Working with Private Equity
- By: Adam Coffey
- Narrated by: Ron Butler
- Length: 3 hrs and 33 mins
- Unabridged
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Private equity firms are on the rise and rapidly changing the game. Today, more than 5,500 PE firms own tens of thousands of companies, so it is essential for CEOs and senior management executives to understand exactly how private equity firms operate. This invaluable resource can help you devise a winning PE game plan for your own company that offers you greater freedom and financial success.
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Beyond basic
- By M on 05-15-20
By: Adam Coffey
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The Harvard Business Review Entrepreneur's Handbook
- Everything You Need to Launch and Grow Your New Business
- By: Harvard Business Review
- Narrated by: William Sarris
- Length: 7 hrs and 30 mins
- Unabridged
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Performance
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Story
Whether you're imagining your new business to be the next big thing in Silicon Valley, a pivotal B2B provider, or an anchor in your local community, the Harvard Business Review Entrepreneur's Handbook is your essential resource for getting your company off the ground. Starting an independent new business is rife with both opportunity and risk. And as an entrepreneur, you're the one in charge: Your actions can make or break your business. You need to know the tried-and-true fundamentals - from writing a business plan to getting your first loan.
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Business 101 as Told By a Robot
- By Amazon Customer on 09-01-22
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Financial Intelligence
- A Manager's Guide to Knowing What the Numbers Really Mean
- By: Karen Berman, Joe Knight
- Narrated by: Tom Zingarelli
- Length: 7 hrs and 20 mins
- Unabridged
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Overall
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Performance
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Story
Since its release in 2006, Financial Intelligence has become a favorite among managers who need a guided tour through the numbers, helping them to understand not only what the numbers really mean but also why they matter. This new, completely updated edition brings the numbers up to date and continues to teach the basics of finance to managers who need to use financial data to drive their business.
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You need to listen with the pdf documents
- By Jean on 03-22-18
By: Karen Berman, and others
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Leveling Up
- 12 Questions to Elevate Your Personal and Professional Development
- By: Ryan Leak
- Narrated by: Ryan Leak
- Length: 6 hrs and 36 mins
- Unabridged
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Performance
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Story
Whether you're a leader of ten, a hundred, or many more, there's no one more important to lead than yourself. If you're not leading yourself, why would anyone else want to follow you? Ryan Leak speaks to thousands of leaders every year, and he has learned that the most successful people have taken ownership of their own development—and in order to realize your potential, you need to fully understand yourself.
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Ryan is a master in People!!
- By amy on 03-14-23
By: Ryan Leak
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The Exit-Strategy Playbook
- The Definitive Guide to Selling Your Business
- By: Adam Coffey
- Narrated by: Ron Butler
- Length: 3 hrs and 38 mins
- Unabridged
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Overall
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Performance
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Story
Explore the universe of potential buyers. Learn how to assemble a team of expert advisors to prepare your business for sale. Walk step by step through a typical investment-banker-led midmarket sale process from start to finish. Adam Coffey has spent the last 20 years as CEO of three private-equity-backed national service companies. Through his experience executing a buy-and-build strategy, he has bought and sold more than 100 companies ranging in size from $1 million to $1 billion. Selling your business is an art.
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Outstanding!
- By BWoodard on 08-30-24
By: Adam Coffey
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Grit It Done
- A Low-Risk Guide to Entrepreneurial Business Ownership
- By: Reid Tileston
- Narrated by: Reid Tileston, Lisa Costello
- Length: 5 hrs and 58 mins
- Unabridged
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Overall
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Performance
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Story
Own things, don't run things. This is the secret to living your American Dream. These days, everyone seems to have a big idea that could be leveraged into a business. But few understand what it takes to build something of lasting value. In Grit It Done, serial entrepreneur Reid Tileston shares the simple but practical path to building generational wealth through entrepreneurial business ownership.
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Fantastically written, insightful look into ETA
- By Grant on 12-11-24
By: Reid Tileston
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Mergers & Acquisitions for Dummies
- By: Bill Snow
- Narrated by: Steven Jay Cohen
- Length: 14 hrs
- Unabridged
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If you are looking for a plain-language, no-nonsense guide about how mergers and acquisitions can affect your company and career, you've found your audiobook!
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The narrator is awful
- By joe rhodes on 12-25-20
By: Bill Snow
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Small Business for Dummies
- 5th Edition
- By: Eric Tyson MBA, Jim Schell
- Narrated by: Mike Chamberlain
- Length: 17 hrs and 52 mins
- Unabridged
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Performance
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Story
Small Business for Dummies has been a leading resource for starting and running a small business. Calling upon their more than six decades of combined experience running small businesses, Eric Tyson and Jim Schell once again provide time-tested advice and the latest information on starting and growing a small business.
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No pdf links for test and work sheets
- By Anonymous User on 09-06-22
By: Eric Tyson MBA, and others
What listeners say about HBR Guide to Buying a Small Business
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- b.perez
- 07-08-24
Great read, high level overview of larger acquisitions.
This book focuses on the “textbook” search and acquisition. This examples in this book are more fitting for business acquisitions that are $2M+. This doesn’t fit my target purchase price/ budget of sub $1M. However, this book is very extensive and i would recommend to anyone looking to purchase a business of any size.
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- Marc Torras
- 07-09-24
Very efficient written book about entrepreneurship through acquisition
The book has many of the details to consider good stories and sense of completeness that I
appreciate
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- Ary R. Mize
- 12-01-24
Excellent work
Great book. Almost checklist for MATT. Interesting to see something so logical and well laid out released as late as 2017. You would think it would’ve been a much older book.
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- Laron
- 07-01-24
It’s a good introduction to entrepreneurship the acquisition
This book is a great resource if you are new to the M&A/entrepreneurship through acquisition space. However, I wouldn’t recommend it to someone who has been involved in the space for a while.
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- Scott Brooks
- 12-26-24
Great information and insights
Great step by step instructions on how to by a small business. The financial part might be a bit depressing to some people but it’s still an extremely worthwhile listen!
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- Amazon Customer
- 05-10-24
Makes complex concepts simple
This is an incredibly actionable guide for anyone who wants to buy a small business. While it does focus on ETA search and gets into much of the DIY required for a self funded search, its valuable info for anyone looking to buy a smaller business.
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- Kathie
- 07-10-24
Very comprehensive and easy to understand
Reco for people who wants to purchase a biz - this is your 101 but very comprehensive and with short examples. This in combination with other resources would be a perfect starting point
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- Amazon Customer
- 09-02-24
Solid, concise guide for a specific topic
Goes through the essentials of buying a small business. Pretty good reference guide. Doesn't get into specifics, but a good place to start.
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- Patrick K. Jaromin
- 05-16-24
Dry, focuses on search fund, hard to get engaged
I've listeded to several books, poccasts, videos on the topic. Some of the books 2-3 times now - "Buy Then Build," "Here's the Deal" to name 2. Those were far more interesting and engaging and weren't solely focused on search fund style. I'm confident many if not most acquisitions don't result from full-time search funded buyers the way this book describes as being the only way it can be done successfully.
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