Ripe
Harvesting the Value of Your Business
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- $9.99
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- $9.99
Publisher Description
Right now, there are millions of entrepreneurs out there risking everything for the privilege of owning their own businesses. They pledge their homes and personal assets to get working capital. They work horrendous hours and deal with near-constant stress in order to nurture and grow their cherished projects. Why? Because they are dreaming of the day when all of these sacrifices pay off and they can finally reap the benefits by cashing in and selling off to a larger organization.RIPE: Harvesting the Value of Your Business is a book designed to help make that dream come true. RIPE helps entrepreneurs recognize the knock of opportunity when the time is right and it enables them to maximize that opportunity for a potential grand slam.RIPE is loaded with information demystifying the entire process. A smart entrepreneur understands that you only get one shot in this process, so you need to walk in armed with every piece of information available. RIPE provides the core concepts on which a sound business strategy must be based.
PUBLISHERS WEEKLY
In this handy primer to preparing a business for market, investment banker Douglas cautions against too much caution: "Take charge and sell while you, your company and your employees can still survive!" Managing director of a successful middle-market investment banking firm, Douglas finds entirely too many owners waiting for a mythical market upturn while ignoring a snake-pit of obstacles. As such, she explains how business owners can approach a sale fully informed and ready to work, including figuring out the best buyers with exhaustive investigation, convincing an accountant to help in a sale that may end his job, and doing away with company attorneys who aren't experts in the buy/sell process. Negotiation is covered from start (who names a first price?) to finish, with an emphasis on understanding sensitive maneuvering and rhetoric (rather than counting entirely on a hired gun). Douglas's comprehensive format, including glossary, checklists, and a sample stock purchase agreement, make this a valuable tool for anyone contemplating selling and buying a middle-market organization.
