Richard Ruback and Royce Rudkoff, Professors at Harvard Business School and Authors of the book HBR Guide To Buying A Small Business, talk about how apart from going into a traditional job or starting your own company, there is now a third option to consider - buying a small business and running it like your own company.
Some of the areas Richard and Royce touch upon in this episode include:
1. Why buying a small business is a great option for those who want independence but perceive starting your company from scratch as too risky
2. How to search for a small business to buy
3. What the search process looks like
4. The kind of businesses that you can buy - and how they typically yield between $500K - $2-4M in annual profits
5. Recommended resources
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