A twenty-first-century update to the modern business classic . .. For more than fifteen years, this handy guide has providedentrepreneurs and small business owners with a simple, step-by-stepplan for buying or selling a business-without their own specialteam of lawyers and accountants. Written by leading businessattorney Robert Klueger, this up-to-date guide now includeseverything you need to know about recent tax law changes, as wellas an entirely new chapter on limited liability companies. Itanswers all your critical questions, covering everything from thevaluation of a business through the negotiation stages to closingthe deal. Packed with the kind of real-world guidance you can only get from aprofessional, Buying & Selling a Business, Second Edition showsyou how to: * Choose a business that's right for you * Evaluate the business, determine why the seller is selling,analyze the seller's operations, and analyze balance sheets, incomestatements, and cash flow * Negotiate effectively-including negotiating for price, timing,stock and asset agreements, noncompetitive agreements, andmore * Buy a franchise-key considerations that make a franchisedifferent * Ensure a hassle-free closing with no surprises
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