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Buying vs. Starting a Small Business
- A Guide to Keep You from Going Broke
- Narrated by: David Barnett
- Length: 1 hr and 34 mins
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Summary
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 by understanding how to plan for contingencies, pivots and setting limits.
WARNING: This is not a book to get you all excited with lots of empty-headed pro-entrepreneurship lifestyle cheerleading stuff. It’s about the real world and based on the author's experience as a business owner and advisor since the 1990's.