HBR Guide to Buying a Small Business

HBR Guide to Buying a Small Business

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Ruback, Richard S. | Yudkoff, Royce Harvard Business School Publishing Corporation, 2017
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IN THIS SUMMARY

Many business professionals dream of entrepreneurial success, but they lack the necessary capital, industry experience, or marketable business ideas to put such a plan into motion. They may also worry about the risk of operating a start-up business or the absence of structure that traditional firms provide. In HBR Guide to Buying a Small Business, Harvard professors Richard S. Ruback and Royce Yudkoff recommend an approach that addresses all of these concerns: Entrepreneurial-minded professionals can find tremendous personal and professional rewards in acquiring established, enduringly profitable small businesses. Small business entrepreneurship is an attractive, lucrative opportunity that allows professionals to be their own boss right away, and also empowers them to apply their ideas and directly profit from the results of their efforts.