Successful management buyouts (MBOs) are the pinnacle of business success today and a great way to earn an ever-increasing stake in the American dream.

Buyout provides managers and executives with the necessary tools and strategies for leading a company or division buyout. It explores the details of the entire buyout process and empowers managers to seize their destiny and take charge. Managers learn how to:

* Find a company to purchase

* Develop a business plan

* Negotiate with the seller

* Win the ""ground war"" of due diligence

* Find equity partners and negotiate the management deal with investors

* Run the company after the MBO.

"Buyout" offers real-life stories of people who actually pulled off out-of-this-world deals and became rich beyond their wildest expectations.

In The Art and Science of Selling Your Business Ray Saunders and David Reich offer the reader wishing to sell a business the wisdom and insights derived from their experience in over 400 transactions spanning over 50 years in the practice of business law. Directed especially to the first-time seller, this handbook guides the reader through the entire process, from the initial and sometimes difficult decision to sell to the successful closing of the deal. Along the way, the authors demystify the intricacies of the negotiation process and the legal documents involved, offer advice on working with brokers, attorneys, accountants and the purchaser, and address a host of tax, statutory, personal and other issues that may arise.