Rule Of Thumb A Guide To Small Business Basics

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Rule of Thumb: A Guide to Small Business Basics

Author: Marian Shalander Kaiser
language: en
Publisher: BQB Publishing
Release Date: 2010-10-29
Rule of Thumb: A Small Business Guide to Basics is an introductory guide for first-time entrepreneurs and small business owners seeking to gain a basic understanding of what it takes to operate a small business. A business owner needs to be aware of legal requirements, financial resources, record-keeping requirements, marketing basics and strategies, communication skills, human resource laws, as well as issues that may arise on a day-to-day basis. Knowing and following the laws will keep you out of legal trouble. Knowing and applying the skills needed to run your business on a day-to-day basis will increase the odds of your success. Rule of Thumb: A Small Business Guide to Basics will assist you in gaining a basic understanding of what it takes to operate a small business successfully.
A Basic Guide for Valuing a Company

The ABCs of company valuation—for first-time buyers and sellers Until now, books on company valuation were all high-priced professional volumes aimed at accountants, appraisers, and other specialists. At last, A Basic Guide for Valuing a Company provides the ideal resource for novice buyers and sellers. Written by a management consultant who has valued more than 1,000 small businesses, this nuts-and-bolts guide covers all the bases, from the differences between publicly traded and privately held firms to tangible and intangible values. With case studies of actual companies, sample balance sheets and income statements, this is a clear, concise—and thorough—reference. Additional highlights include a list of common valuation myths, and a special section on "Yegge's rules," along with complete information on: Valuation techniques for different types of businesses, including professional practice, manufacturing, wholesale distributor, and retail hardware. Weighted cash flow and reconstruction. Industry and economic forces that affect valuation. The task of estimating values in small companies. Necessary data for comprehensive business valuations.
A Basic Guide for Buying and Selling a Company

Expert advice for a successful transaction Today, businesses are being bought and sold at a rapid rate. As a management consultant who has brokered over 300 small businesses, Wilbur Yegge knows the intricacies involved in the transaction process—and how to overcome them. In this comprehensive guide, he takes you through the ins and outs of the purchasing and vending process, covering everything essential to conclude a successful transaction. Packed with numerous examples, helpful tips, and even a special section on "Yegge's rules," this invaluable resource has complete information on: Contractual obligations in purchase and sale agreements. Working with business brokers. Confidentiality issues, such as tax returns, impropriety, and the discovery process. Effective negotiation strategies. What to include—and what not to—in your selling prospectus. Sellers' pricing methods. Payment alternatives open to buyers.