This book is a must-read for any entrepreneur aiming to buy a small business. With two decades of experience in banking, venture capital, and serial entrepreneurship, I found “Think Big, Buy Small” invaluable.
It’s a dense, step-by-step guide to identifying, evaluating, and closing on a small business. Entrepreneurship through acquisition (ETA) is gaining popularity due to three key factors:
Buyers
Aspiring entrepreneurs hesitant to start from scratch find ETA appealing. Buying a business means inheriting customers, revenue, and a working model.
Sellers
The aging baby boomer generation, hitting retirement age, fuels the “silver tsunami.” This demographic shift creates numerous opportunities for acquiring established businesses.
Financing
The SBA backs up to 75% of loans, encouraging lenders to finance these transactions. Unlike startups, existing businesses are bankable, making funding more accessible.
If you’re considering ETA, read the “HBR Guide to Buying a Small Business.” It’ll save you time, money, and headaches. Buy it here—it only takes 6 hours and 50 minutes.
DailyDime 
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