What You’ll Learn

• Identifying suitable businesses for acquisition
• Conducting thorough due diligence
• Valuing a business accurately
• Negotiating favorable terms
• Managing a smooth ownership transition

Requirements

• No prior experience required
• Basic understanding of business operations
• Access to a computer or mobile device with internet

Course Description

Our Buying a Business For Dummies® course is designed to guide aspiring entrepreneurs through the intricate process of acquiring an existing business. Drawing insights from the renowned book by Eric Tyson and Jim Schell, this course offers a structured approach to business acquisition.

Throughout the course, you’ll explore:

• Evaluating Business Opportunities: Learn how to identify businesses that align with your goals and risk tolerance.
• Due Diligence: Understand the importance of thorough research to uncover potential red flags.
• Valuation Techniques: Master methods to assess a business’s worth accurately.
• Negotiation Strategies: Equip yourself with tactics to secure favorable terms.
• Transition Planning: Discover how to manage the changeover effectively to ensure business continuity.

By the end of this course, you’ll be well-prepared to embark on your journey of business ownership with confidence and clarity.

Explore These Valuable Resources

• Buying a Business For Dummies – Official Guide
• Buying a Business For Dummies – Amazon Listing
• Buying a Small Business: An Essential Guide for 2024

Explore Related Courses

• Business Acquisition Strategies
• Entrepreneurship Fundamentals
• Financial Due Diligence
• Negotiation Skills for Entrepreneurs
• Business Valuation Methods

About the Publication

Buying a Business For Dummies® is authored by Eric Tyson, MBA, a nationally recognized personal finance counselor and best-selling author of Personal Finance For Dummies, and Jim Schell, an accomplished serial entrepreneur and nonprofit founder. Published on April 30, 2024, this guide offers step-by-step advice on evaluating, purchasing, and growing an existing business, making it an invaluable resource for aspiring entrepreneurs.