Finally there is a book for the truly small business owner! This book is for the plumbers, mechanics, hair stylists, day-care providers, bakers, artists, massage therapists, graphic designers, and everyone else who is the bulk of their business. This book is for the entrepreneur who hasn't been to business school but needs a solid understanding of how to manage the money side of business.
Bank is a crash course in small-business finance. Inside, you will find a practical guide on how money works, how to manage a very irregular flow of money, understanding your money temperament and financial integrity, and the life of a business. You will also find helpful information on creating a bookkeeping system that works for you, essential skills entrepreneurs must have, and how to deal with adverse money events. Interviews with entrepreneurs are also included to give you different perspectives on the challenges that come with starting and maintaining a small business. You've got the skills to take care of your customers. Bank will help you get the skills to take care of your business and yourself.
©2015 Donna M. Stewart (P)2015 Donna M. Stewart
... and I was pretty naive when I started. This book would be of huge value, from the start. One really fine quality of the book is that it spends time on figuring out one's own finance-related thinking and personality, and then helpfully suggests many ways to put that into practice. It has the feel of walking around with a trusted and more experienced business-owning friend, hearing the real story of what running his or her business has been like. So, saying it is less technical in tone and approach than some books of this sort, is really paying a high compliment. I would demand that any young person (or not so young) without a lot of past small business experience, considering starting up a business, listen to this. In some cases, some details about the tools used (such as spreadsheets and smartphones versus older-school systems) might need to be updated mentally, but this is no problem, and the basic information and strategies are useful. My compliments to the author for pulling this together.
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