How to Buy a Great Business With No Cash Down

Rating:
Summary: Compelling anecdotes, unreliable suggestions
Review: A key fault of this book is its vague suggestion that most of its strategies have universal applicability. Often, particular financing methods work only for specific sectors in specific regions. These limitations are rarely addressed.

On balance, however, it is worth reading if you buy small businesses. The key theme -- that buyers and sellers should look at a deal from all angles -- is important. The market for small businesses is oddly homogeneous; business brokers would have you believe the only way to buy/sell is with a down payment, and seller paper. Nothing could be further from the truth. Deals can be assembled in countless ways, often on far more advantageous terms, both for sellers and buyers.