For anyone else out there in Blogland who has made a similar New Year’s resolution to me and wants to get their own business started in 2014 (or even grow an existing small company), I have a wholehearted recommendation for you:
Now, regular readers of Thought of the Day Blog will know that I haven’t actually started my own business yet, technically speaking. So maybe this endorsement seems a little premature. But speaking as someone who started off pretty clueless and never took any business classes in college (sorry, Dad, maybe I should have…), this book really makes legal/financial information accessible, and it’s given me a lot more confidence in the areas where I felt overwhelmed. And about 95% of the information is applicable to guys, too. Don’t let the title chase you away, gents.
It’s really well-organized, with chapters devoted to:
– writing a business plan
– calculating financial projections
– choosing the right legal structure
– finding cost-effective marketing
– keeping your books
– navigating tax basics
– and more
I thought it would be snooze-a-riffic, but somehow, it’s interesting. Honestly. My eyes have barely glazed over even with some of the technical mumbo jumbo. Ms. Pakroo’s tone is casual but professional, and I appreciate how she breaks down concepts without talking down to her readers or making me feel dumb.
She provides a great overview of all the facets of starting/running a business, plus she provides excellent suggestions for further, in-depth research. And on top of that, the publisher (nolo.com) has a website where you can download all sorts of legal forms and worksheets (here).
So is anyone else also starting a business? I’d love to create a little online support system if there are any fellow future entrepreneurs out there. So holler at me if you’re interested!!
(Disclaimer: This book review is entirely my own opinion. I didn’t receive any compensation whatsoever. However, if anyone WANTS to compensate me, I’d be ok with that. <<Grin>>)