Are you thinking of buying a small business? This popular guide is in its second edition and has been reprinted with amendments. These amendments will keep you up to date with the buying processes. All the important issues that should be examined when buying an existing business or a franchise, or starting up a new business are well covered. The first section will help you through self assessment check lists regarding your personal characteristics, the reasons why you want to go into business and your financial situation. The buying process is well covered on how to seek a fair price, borrowing money, closing the deal and taking over.