Are you looking for an alternative to a career path at a big firm? Does founding your own start-up seem too risky? There is a radical third path open to you: You can buy a small business and run it as CEO. Purchasing a small company offers significant financial rewards--as well as personal and professional fulfillment. Leading a firm means you can be your own boss, put your executive skills to work, fashion a company environment that meets your own needs, and profit directly from your success.
But finding the right business to buy and closing the deal isn't always easy. In the <a href="https://bookshop.org/a/12343/9781633692503">HBR Guide to Buying a Small Business: Think Big, Buy Small, Own Your Own Company</a> (Harvard Business Review Press, 2017), Harvard Business School professors Richard Ruback and Royce Yudkoff help you:
<ul>
 <li>Determine if this path is right for you</li>
 <li>Raise capital for your acquisition</li>
 <li>Find and evaluate the right prospects</li>
 <li>Avoid the pitfalls that could derail your search</li>
 <li>Understand why a "dull" business might be the best investment</li>
 <li>Negotiate a potential deal with the seller</li>
 <li>Avoid deals that fall through at the last minute</li>
</ul>
Arm yourself with the advice you need to succeed on the job, with the most trusted brand in business. Packed with how-to essentials from leading experts, the HBR Guides provide smart answers to your most pressing work challenges.
Listen to the <a href="https://www.hbs.edu/news/podcasts/think-big-buy-small">Think Big, Buy Small podcast</a>.
Richard S. Ruback is the Willard Prescott Smith Professor of Corporate Finance at Harvard Business School.
Royce Yudkoff is a Professor of Management Practice at Harvard Business School. Yudkoff cofounded and served for over 20 years as Managing Partner of ABRY Partners, a leading private equity investment firm.
Caleb Zakarin is editor of the New Books Network. Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a>Support our show by becoming a premium member! <a href="https://newbooksnetwork.supportingcast.fm/finance">https://newbooksnetwork.supportingcast.fm/finance</a>

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Richard S. Ruback and Royce Yudkoff, "HBR Guide to Buying a Small Business: Think Big, Buy Small, Own Your Own Company" (HBR Press, 2017)

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