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The Complete Idiot's Guide to Starting Your Own Business, 5th Edition, by Edward Paulson
PDF Ebook The Complete Idiot's Guide to Starting Your Own Business, 5th Edition, by Edward Paulson
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Added value CD-ROM included!
Newly revised for the ever-changing world of business, this book offers stress-free guidance for anyone who wants to turn a good idea into a good living. This edition also includes a CD-ROM featuring 100 commonly requested forms and documents essential to business start-ups.
--Completely revised and updated 10th anniversary edition of this top-selling title
--CD-ROM included, featuring 100 commonly requested forms and documents and three bonus chapters on related topics
- Sales Rank: #4062926 in Books
- Published on: 2007-01-02
- Released on: 2007-01-02
- Format: Bargain Price
- Number of items: 1
- Dimensions: 9.04" h x 1.05" w x 7.36" l,
- Binding: Paperback
- 432 pages
Most helpful customer reviews
67 of 68 people found the following review helpful.
Good Basic Rules for the Beginner
By John Matlock
This is a quite complete guide to what it takes to start and operate a successful business in the United States. It's broken down into three major parts that cover the three big aspects of being in business.
Part One is on the general concepts of being in business, being your own boss, the money you will need, other kinds of businesses like franchises. You need to be very honest with youself here. There are some people who just are not suited for self employment. Then there the rest of who are just not suited to work for someone else.
Part Two has two areas I recommend you read and then don't exactly do what he says.
First, he starts off with how to write a business plan. I realize that people say they don't need one, but I recommend you write one anyway. It forces you to think about aspects of your business that you might otherwise ignore, and it's better to think of them before they become problems. On the other hand, I wouldn't follow his advice on how to write the plan. Go buy one of the business plan writing software packages. They are cheap ($30 or so on eBay) will guide you through the writing process and have a bunch of pre-written plans to use as examples. I've used a couple of different packages, they were both about the same, get the one that looks best to you.
Also in Part Two is a discussion on accounting. Read what he says, but then go buy a small computer accounting system. Setting up your own system is a pain, and if you start with a computer based system, you'll not have to convert later. Indeed, the first entries you make in the system can be the purchase of the software packages, and writing off of your computer system.
Part Three kind of goes back to the general concepts of part one. Chapters include comments on things like cash, banks, credit cards, etc.
All in all, a good introductory book.
0 of 0 people found the following review helpful.
Looking ahead...
By LAUNA STOUT- Children'sBooks.BellaOnline
Just what I needed to know. Opportunities exist that I had not even thought about... Things I needed to know that I hadn't thought about - or known where to get the help I would need. Thanks for the information in this book. I was helped with ideas, techniques, and concepts that will help me with work, personal finances, and upcoming opportunities.
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19 of 19 people found the following review helpful.
Introducing Business to New Entrepreneurs
By Donald Mitchell
When most entrepreneurs first get the yen to start a business, they realize that there must be a lot that they don't know. The legal, accounting and tax choices often seem particularly daunting . . . and there's often no money to retain an attorney.
Not knowing where to turn, many take local adult education classes (like the kind I teach). In those classes, these strivers often find out that what they didn't know that they didn't know is even more dangerous than what that they do know that they don't know.
The fourth edition of Starting Your Own Business is a good resource for such new entrepreneurs.
You will learn many of the fundamentals of picking a business to start, preparing a business plan, selecting a legal structure, organizing for success and operating the business once you start it.
Based on my experiences with new entrepreneurs, this book will answer about 80% of the questions that they usually have . . . and about 60% of the questions they should be asking.
One of the book's strengths is the CD-ROM that has sample forms and form letters for handling routine matters. While these won't substitute for having an attorney (I am one, so I know), they will allow you to work with an attorney in more effective and less expensive ways.
The areas where the book is weakest are as follows:
1. Doesn't spell out how the choice of business type affects your chances of success and the difficulty of raising money.
2. Doesn't do enough about the pros and cons of being a franchisee and how to pursue that opportunity.
3. Doesn't teach you how to create an advantaged business model and improve upon it.
4. Doesn't provide enough perspective on how to establish a management team.
One of the things I did like about the book is that it considers manufacturing businesses as well as service and professional service companies. Most resources about starting up businesses ignore the opportunity of manufacturing.
This book won't make or break your business, but it will speed your process of getting ready to launch if you don't have any background in this area.
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