So
you’ve taken that great idea, brilliant concept or winning product or service
and you’re ready to take the leap and start your own business; now what? What are
the steps you need to take? Do you need a license? How do you write a business
plan? How do you use a business plan? What the heck is a business plan?
There
is an old cliché that goes something like this; “businesses don’t plan to fail,
they fail to plan.” There are plenty of great ideas; the question is how do you
make the transition from the drawing board to the execution of actually
starting a business. Bernard Kamoroff provides some of the answers to those
questions in Small Time Operator: How to Start Your Own Business, Keep Your Books, Pay
Your Taxes, and Stay Out of Trouble.
Now in its 13th
Edition, Kamoroff walks you through the basics of startup and offers sobering
advice about the realities of starting a business. While many small time
operators are focused on their products, services, marketing and selling, all
too often they don’t spend enough time to focus on the basics of bookkeeping. A
CPA by trade, Kamoroff offers easy to understand and implement guidance for
tracking cash flow, keeping track of and paying taxes, and how best to avoid
running afoul of the IRS.
No matter what path
you take to starting your business, be it; solo practitioner, freelancer, at
home, online, franchise, or buying an existing operation, the book offers great advice and interesting insights notably for those
who are dipping their toe into the business waters for the first time.