Customer Reviews

Buying a Business With Little or No Capital: A Practical Guide With $0-Down Strategies

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This is by far the worst self help book I have ever purchased. To put it simply, this book is titled incorrectly. There is only one chapter, 15-20 pages, on financing a business. At no point does the author explain in detail how it is possible to purchase a business for little to no money down. As a matter of fact the author continuously mentions that you need a large cash source to purchase and run a business. If you are looking for an EXTREMELY basic book that outlines the process of buying a business this is for you. If you are looking for a book that will explains how to buy a business with little or no money down, look elsewhere.

I'm not even going to go into how basic and well... bad this book is. I recommend you go search some free websites on how to buy a business, you will learn everything that's in this book and more.

This book is incredibly shallow and I regret that I bought it. I didn't expect it to be the best book ever, but I thought it would at least be decent or that I might get some good ideas from it.

The comments from publisher make the book sound well thought out, insightful, and helpful. I should have paid attention to the reviews from other readers and saved my time and money. Its only saving grace is that it is a quick read.

The book makes claims and assertions without citing any sources or authorities and that in some cases were the opposite of my experience. For example, the book claims that no one would even think of buying a house without a lawyer, so we should get one to buy a business. Securing the services of a lawyer to buy a business may be good advice, but the book's reasoning is faulty. I have bought four houses and sold three in three different states and I never used a lawyer. No realtor I've ever worked with suggested getting a lawyer. I suppose some people do for complicated transactions or maybe it's customary in certain parts of the country, but I've never known anybody to use a lawyer to buy a house. Little things like that detract from the credibility of the book again and again.

I found the book's frequent grammatical flaws and heavy use of the passive voice distracting. The book makes reference to exhibits that never appear or that show up elsewhere. The exhibits that are in the book have poor explanations and are weakly referenced. I could not get the numbers in one exhibit to add up. Also, the book at times contradicts itself. In one section it advises the reader to never go to friends or family to help finance a business. In another section, it says to do just that. It doesn't really give you any practical ideas or ways to implement them. The few ideas the book does give are so basic that it appears that the author is simply trying to capitalize on a few experiences he has had and make a book and a quick buck out of them.

I felt like the book was the equivalent of something an average high school student might have written who had procrastinated a big assignment until the night before it was due and then tried to throw something together at the last minute.

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The information contained in this book will be extremely useful to you if you are:
- An aspiring entrepreneur
- A current business owner who want to expand a company
- Currently holding a day job but would like to build additional wealth by owning businesses on the side
- Looking for an alternative to the stock market

Regardless of your current financial situation, you can become the owner of one or more businesses using very little or no money when purchasing those businesses. Rudy LeCorps, an experienced entrepreneur and business owner who has been featured in many publications, including Black Enterprise Magazine and The KIP Business Report, has put a wealth of small business acquisitions techniques and strategies into this book.

The result of years of experience, the book's purpose is to help aspiring (or existing) business owners to purchase businesses using very little or no capital. The author does that by explaining practical, step-by-step, proven techniques, which have successfully been used to purchase businesses using either a very small amount or cash, or no money at all. Anyone who reads this book will gain all the knowledge necessary to find, value, finance and buy a business.

Because financial independence can only be obtained through the ownership of businesses or income producing assets, those who aspire to become financially independent will benefit greatly from reading this book, which truly teaches how to acquire businesses with very little or no cash.

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