Opening your own business is a risky proposition. Personal funds, time, energy, and opportunities are invested in owning and operating a business. Under the best of circumstances, the chance of failure is high. Under adverse business conditions, failure is nearly certain.

The best control for risk is to recognize and avoid bad purchase decisions through the process of due diligence. Due diligence comprises conducting an investigation to determine the full implications of making the acquisition of a business. During the process of due diligence every aspect of the business is examined in exacting detail. Nothing is taken for granted.

Investigating Entrepreneurial Opportunities explains the process with simple, easy-to-follow steps. The authors ? both CPAs who have bought and sold several businesses ? reveal creative and low cost ways to do your own due diligence in investigating entrepreneurial opportunities. Sixteen comprehensive chapters cover all the basics, including market, products, insurance, facilities, assets, short and long-term liabilities, and much more. You?ll learn insider tips on how to uncover hidden assets and unrecorded liabilities and how to avoid legal troubles.

The handy reminder checklists at the end of Investigating Entrepreneurial Opportunities are alone worth the price of the book!

This incredibly street smart book belongs in the hands of anyone who is considering acquiring or starting a business.

"Entrepreneurial Small Business (ESB)" provides students with a clear vision of small business as it really is today. It focuses on the distinctive nature of small businesses that students might actually start versus high growth firms. The goal of the companies described in this textbook is personal independence with financial security; not market dominance with extreme wealth. Traditional beliefs and models in small business are discussed, as well as the latest findings and best practices from academic and consulting arenas. Katz and Green recognize the distinction between entrepreneurs who aim to start the successor to Amazon.com and the pizza place around the corner. They discuss the challenges facing entrepreneurs, while keeping focused on the small businesses students plan to start.

Opening your own business is a risky proposition. Personal funds, time, energy, and opportunities are invested in owning and operating a business. Under the best of circumstances, the chance of failure is high. Under adverse business conditions, failure is nearly certain.

The best control for risk is to recognize and avoid bad purchase decisions through the process of due diligence. Due diligence comprises conducting an investigation to determine the full implications of making the acquisition of a business. During the process of due diligence every aspect of the business is examined in exacting detail. Nothing is taken for granted.

Investigating Entrepreneurial Opportunities explains the process with simple, easy-to-follow steps. The authors ? both CPAs who have bought and sold several businesses ? reveal creative and low cost ways to do your own due diligence in investigating entrepreneurial opportunities. Sixteen comprehensive chapters cover all the basics, including market, products, insurance, facilities, assets, short and long-term liabilities, and much more. You?ll learn insider tips on how to uncover hidden assets and unrecorded liabilities and how to avoid legal troubles.

The handy reminder checklists at the end of Investigating Entrepreneurial Opportunities are alone worth the price of the book!

This incredibly street smart book belongs in the hands of anyone who is considering acquiring or starting a business.