Hidden Wealth ISBN: 9781950863488 ForbesBooks copyright Clayton Investments, LLC written by Terry B. Monroe.
The author has sub-titled his book, “the secret to getting top dollar for your business” and dedicated it “To all the entrepreneurs who have spent hours of hard work building their business, hiring employees, and supporting their families. I hope they will be able to reap the rewards for everything they have toiled to achieve.” There follows an Introduction, eight chapters, a Bonus Chapter on the issue by a well-credentialed friend, Conclusion, Acknowledgements, About the Author and an extensive Index. Each chapter more specifically is single subjected oriented with the first providing the importance of the business owner really introspectively knowing his/her unvarnished self; #2 discuses why business owners do sell their, while #3 presents reasons they do not sell; #4 discusses when is the best time to sell while #5 admonishes that you must actually know what you are selling; # 6 presents the large number of activities required to ‘get the job done’; #7 explains the rather extensive process involved in order to conclude the sale; #8 provides an estimated length of time required to complete the sale and the extensive list of the large, mostly unthought-of, matters than can interfere with completion of the sale. The Bonus Chapter is written by a highly-credentialed seemingly as corroboration of the material presented by the author. The author’s conclusion is largely a repetition of admonishments previously set forth.
Discussion: The material provided would appear to be a treasure trove of information for the individual attempting to decide whether or not to sell the business he/she has birthed, coddled through its infancy to its accession to a top level of performance. It presents a complete picture to peruse while deciding IF you really do, or don’t, want to proceed, ant the number of features involved, many of which you may never really had considered. This aspect of this book is right on the subject and presented by a person who “Has been there. Done that” and gained a broad array of knowledge of every aspect of the subject. Regrettably, if you are not a member of the target group, it contains much redundancy and repetition of even many well-known maxims and similar. Obviously the author lectures frequently making the usage understandable as all employ these features for emphasis.
5* book for target group; interesting, but several -*s caveat for others