HANOVER, N.H., Nov. 17, 2004 (PRIMEZONE) -- For those looking to buy or sell control of a small manufacturing business, Douglas E. Kellogg has provided a new, top-notch how-to guide to help people get the most for their money, Entrepreneurship in America: A Primer for Buying & Selling Manufacturing Companies (now available through AuthorHouse).
Based on Kellogg's 27 years of experience, the book deals exclusively with buying and selling small manufacturing businesses that have annual sales between $100,000 and $1 million. Entrepreneurship in America shows readers what business skills they will need as an owner of one of these companies, how to find a company to buy, how to evaluate the company's fair market value and how to sell it. Along the way, Kellogg reveals inside information that only a "hands on" entrepreneur would know.
Readers learn how to establish specific goals and plans for buying or selling a company in addition to determining whether they have sufficient resources to take on the obligation. Kellogg shows where to find these opportunities and assess any potentially stressful situations. Once the deal is in sight, he helps readers seek advice and financing for the venture. From negotiating the deal to the first steps as new owners to tips on dealing with the everyday snafus, Kellogg carries the reader from idea to implementation.
Whether one is an investor, business broker, entrepreneur, venture capitalist, banker, lawyer or accountant, Entrepreneurship in America is like having a personal acquisition investment counselor in one's pocket.
Kellogg is the former president and chairman of Blackstone Industries, a holding company of several small manufacturing companies in the machinery and associated products industry. He earned a bachelor's degree in psychology from Amherst College and served in World War II in Alaska, Panama, Guatemala and Okinawa, Japan. He eventually became the director of boards for several small manufacturing companies and a bank. He has written several articles on business management for Harvard Business Review. Entrepreneurship in America is his first book.
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