"The Handbook of Financing Growth, Second Edition remains the most important book on financing to be published in far more than a decade. If there is a way to do a business finance deal, it is covered in this book. Not only does the book explain how to do most all types of financing, it tells you why some companies succeed while others fail. The book is a true reference book that you can turn to when you need an answer, or when you need inspiration."
—Marilyn J. Holt, Founder of Holt Capital,
Over the past two decades, access to capital for emerging growth and middle-market companies—firms with revenues ranging from zero to $500 million—has fluctuated based on broad stock market performance and the liquidity or tightness of the credit markets. Today, despite the current economic turbulence, there is arguably the greatest amount of capital ever focused on emerging growth and middle-market companies. But the hurdles to accessing this capital have never been higher.
The Second Edition of The Handbook of Financing Growth has been designed to help leaders and advisors gain a solid understanding of the financing strategies, sources, and transactions that will allow them to excel in such an unpredictable environment.
Written by an experienced group of practitioners who operate within this dynamic market—and fully updated to reflect new market realities—this reliable resource outlines the full spectrum of funding alternatives currently available to emerging growth and middle-market companies and presents the practical strategies and techniques you need to be aware of when considering the capitalization, growth, or sale of your, or your client's, company.
New material found in this Second Edition includes detailed discussions of positioning a business for value creation before the transaction and how your financing strategy fits into the overall plan for growing and raising capital as well as creating an exit. Among various techniques, the authors address buyouts and recapitalizations as two alternatives to create shareholder liquidity and potentially finance future growth. A new chapter on M&A addresses the acquisition process and how to fund acquisitions and external growth initiatives, while additional case studies highlight bank financing alternatives and growth equity.
In recent years, the capital markets for emerging growth and middle-market companies have quickly evolved. This practical guide will help you adapt to the changes and put you in a better position to succeed in building your business and creating value.
If you are a business owner or senior executive in a growing company, this book will be invaluable to you in your efforts to finance the growth of your company. At some point, virtually all companies will need to find money to finance growth. This book covers more than 20 financing methods and offers contact information on hundreds of sources of capital. It details everything a company should expect in planning for and raising needed funds. It offers 20 case studies to demonstrate how money is raised, so that the reader can get a complete understanding of why certain kinds of financing are more appropriate than others in certain situations. This book discusses capital strucure, the relationships of debt to equity, and how this relationship affects your business.
Whether you want to grow your company, lower your risk, create liquidity, prepare for a purchase or sale, grow through acquisition, or raise capital for some other reason, this book will show you how the money world works and guide you through it.
As a CEO I usually don't have the time or inclination for doing reviews on books, but I found the Handbook of Financing Growth to be a "must read" for any Business Owner looking for money to grow their business. The book is written in a very readable format and gives a good educational insight on the different types of financing that can be put in place to help grow your business. I have read the first edition twice, given two copies to other CEO's and have had two of my Presidents read it as well. Excellent read and one of the 5 Books on my CEO must read list!
Kenneth Marks and his co-authors clearly articulate the financing process and the different options that emerging growth and middle-market companies have at their disposal to finance growth. To their credit, the authors use a diversified sample of actual investment and loan transactions to illustrate the explanations contained in the book under review. Furthermore, the financing source directory is useful to identify firms that can capitalize emerging growth and middle-market companies. This database is also accessible online. Unfortunately, the filters of the online database are apparently not working properly. In summary, the second edition of the Handbook of Financing Growth is a useful source to gain a sound understanding of the funding alternatives available to the emerging growth and middle-market companies.
"For those interested in Financial Markets... this should be a Bible... M&A Advisors... check it out now!"
I was amazed about how important and deep were the analysis presente by Kenneth Marks in this book, being such a "pleasure reading". Technical books are used to be heavy reading, not this one!
Have fun and have it done! Worth your time.
I bought this book on recommendation from a friend.
The Handbook of Financing Growth is a rare treasure -- extensive information, clear language, and efficient prose. It's been a perfect introduction to the small business finance landscape.
Highly recommended for anyone looking to become knowledgeable about the sector.
Kenneth Marks and his team did it again. His 2005 Handbook on company financing and M&A strategies served me well as a tool written for both the experienced and those looking to understand what to consider when contemplating a company's move to the next level. After reading Kenneth's 2d Edition it exceeded my standard for a practical, concise and straight talking business resource on company financing, growth and business strategies. Most of the managers and entrepreneurs I've worked with lack a rounded understanding of business strategy and financing. So I've passed on this easy read to company leaders unsure of a path forward to give us a common basis for dialog based on the Handbook's clear presentation of options and principles founded on solid research and experience. This is the best resource I've found for small to medium companies and their management team, no matter what their experience level with business growth strategy development and execution. I highly recommend this book and like me, Kenneth Marks' "Handbook for Financing Growth" will be the go-to-first resource for you, your clients, your business partners, or your students.
Product Details :
Hardcover: 672 pages
Publisher: Wiley; 2 edition (September 8, 2009)
Language: English
ISBN-10: 0470390158
ISBN-13: 978-0470390153
Product Dimensions: 6.2 x 1.9 x 9.2 inches
More Details about The Handbook of Financing Growth: Strategies, Capital Structure, and M&A Transactions 2nd edition
or
Download The Handbook of Financing Growth: Strategies, Capital Structure, and M&A Transactions 2nd edition PDF Ebook
No comments:
Post a Comment