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MBA MEETS MAIN STREET presents the positive economic shift every businessperson has been anticipating. Jack Garson predicts that the prolonged downturn will lead to a buying spree by cash-rich companies, potentially opening the door for small and medium-sized businesses to be sold for significant profits. This is an essential moment for anyone pursuing the American dream, whether starting or owning a business. However, preparation is key. Garson provides a comprehensive guide for business owners and aspiring entrepreneurs on how to make their companies appealing to prospective buyers. He emphasizes crucial factors such as establishing a competitive edge, ensuring sustainability, and overcoming the "Founder's Dilemma" that leads to micromanagement. Using real-life examples, Garson illustrates how the intention to sell should influence every business decision—from hiring and compensation to contracts and financial reporting. While many owners focus on day-to-day survival, Garson reveals strategies to seize the opportunity to sell for substantial wealth. This work combines inspiration with practical advice, bridging the gap between MBA principles and real-world application for business success.
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How to build a business and sell it for millions, Jack Garson
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- Année de publication
- 2010
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