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Summary

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. Banks have been tightening their commercial lending standards in the last few years, but you can still find the funding necessary to purchase a business without using your own money. If you were born with that "entrepreneurial spark" in your eye, then no economist or banker is going to keep you from starting a business. While many analysts may say that it's not a good time to become a business owner, others have found that buying a business with no money is suddenly a possibility.

©2015 Ade Asefeso MCIPS MBA (P)2015 Ade Asefeso MCIPS MBA

What members say

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Short but good

Where does How to Buy a Business with Little or No Money Down rank among all the audiobooks you’ve listened to so far?

Good book on the subject of no money down business purchase. Does not contain enough detail about the process however.

What was one of the most memorable moments of How to Buy a Business with Little or No Money Down?

The chapter on leveraged buyouts

Which character – as performed by Francie Wyck – was your favourite?

N/A

Was this a book you wanted to listen to all in one sitting?

yes

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    3 out of 5 stars
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  • John Watts
  • 18-09-18

interesting book, needs more editing

the book was interesting, but it had a weird section in the Middle with a Mezzanine Financing guy that sounded more like a infatuation. oh and on seems like a textbook summary of how to buy a business