Business Reference Guide

by a searcher from George Mason University - School of Business

1 year ago

I recently learned about a book called Business Reference Guide written by Tom West. I have not heard anyone bring it up until now and was looking to get some feedback about it to help determine if it's worth purchasing.

1 like
115 views
3 comments

intermediary from Boise State University

The Business Reference Guide gives "rule of thumb" anecdotal comments about business transactions in various industries from business brokers with experience handling transactions in those industries. It has been published for years by Business Brokerage Press and has been used primarily by business brokers to help price a business for sale. It includes some information from various databases on a high-level (not specific detail). Overall, it provides a general overview of the various industries and what deal structure may look like or multiple ranges for an industry. If you don't have any other information about business transactions in an industry, it is better than nothing. However, when I became a business appraiser, in addition to being a business broker, I rarely use it now. I do my own sold business comparable analysis using business for sale databases such as Bizcomps, DealStats, Peercomps, ValuSource, etc. However, this book may give you a place to start.

1 year ago | like reply | 1 like

searcher from Lakehead University

Following

1 year ago | like reply | 0 likes

More on Searchfunder

Just Closed on My First Deal! Reflections and Takeaways for other Searchers

45,152 transactions are available on Searchfunder (now searchable by keyword)

Now everyone has unlimited IBISWorld access

Family office looking for traditional searchers

Examples of self-funded searcher websites

What are market terms for Seller Notes?

2 Best Ways To Find Motivated Sellers, Off-Market Deals

Sorry, but you are a broker's worst nightmare ... and how to fix it

Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.

We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.