The best step-by-step guide to starting a business available!
Many people dream of running a business of their own -- but often don't know how to start. Sound familiar? This book can help.
User-friendly and loaded with tips, The Small Business Start-Up Kit shows you how to launch a business quickly, easily and with confidence. It explains in plain English how
This is a pretty good book from the NOLO series. It covers legal aspects of a small business. Here are few examples of what you will find here.
Doing a name search: search internet, phone books, industry trade publications, chambers of commerce, state databases of corporations and LLCs and trademarks, county FBN (Fictitious Business Name) or DBA (Doing Business As) databases, Trademark Database (TESS) www.uspto.gov/trademark
Hobby business For expenses to be deductible, you must be pursuing a legitimate profit-motivated business. Main test is the 3-of-5 test. The business makes a profit in 3 of 5 consecutive years. If 3-of-5 test failed, you may still prove not a hobby by activity such as advertising, business bank account, business licenses, well-maintained set of books.
Cash versus accrual accounting Cash is simpler but accrual may be better for managing, particularly if inventory and accounts receivables and payables are involved. IRS requires accrual for some businesses. Businesses with sales less than $1 million are free to choose either.
This book is a solid deep dive into the technical details of starting a small business, ranging from picking a name, to doing your taxes, to selecting employees. I've recently started a small business, and already I have learned so much in my first read through of this book. I wish I read it earlier, but I'm so glad I came across it. If you're serious about starting a small business, kick off by reading this.
NOLO’s Small Business Start-up Kit is an excellent resource for those looking for practical business information. These are published every year, so be sure to acquire the 2012 copy for the most up to date information. NOLO books in general are good resources for people interested in running their own businesses.
Commonsense information, well-presented. The chapters on marketing and e-business were well-presented without crossing any lines into dumbing down too much or selling snake oil! Pity the book didn't offer enough forms, but I have other sources for forms.