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subject: Choosing The Right Book About Starting A Business [print this page]


Reading a book about starting a business is one of the most common ways that business owners learn the basics of starting a new business. Reading this type of book can be very beneficial, because it provides the entrepreneur with a great deal of knowledge that he would not be able to know on his own. While it is usually a good idea to read these types of books, it is important to choose the right book on this topic. Some books are not all that they are made out to be, and actually could provide bad information. For entrepreneurs who are interested in learning more about starting a business, here are some things to look for when choosing a book on starting a business.

Business Planning Information

One of the most vital topics to know about in this area is business planning. If the book does not have any information about how to make a business plan or how to make financial projections, it really leaves out a vital part of the puzzle. Most successful entrepreneurs have a good idea of what they want to accomplish, and they went through the process of business planning.

Legal Issues

Most good books on starting businesses also have information about the legal implications involved. When starting a new business, the entrepreneur typically has to form a new legal entity such as a corporation or an LLC. He also may have to check with the county clerk to make sure that the name of the business is not already registered by someone else. As part of the process of starting a business, shares of stock may have to be issued, and insurance policies have to be purchased. A good book on the subject will be able to take the entrepreneur by the hand, and show him how to handle all of these important issues.

Management

Another factor to look for in a business startup book is management information. One of the areas that many entrepreneurs have problems with is managing their employees and resources. A good entrepreneur will be able to figure out exactly how to choose the right employees, and then get the most out of them. A manager also has to be able to get the most out of the resources that they have available to them.

Marketing

One of the most important aspects of running any business is figuring out how to market to customers effectively. Marketing is an essential activity that many people don't really know that much about. By reading a good book about marketing information, it can provide the entrepreneur with what he needs to know. Choosing the right marketing channels, crafting the ads, and figuring out how much money to devote to the ads are a few of the essential tasks involved in the process. Some companies hire marketing firms to do this, while other businesses take on all of these responsibilities internally. Even if a company hires a marketing firm to handle the steps involved, they need to know if the marketing company is doing a good job, and whether they charge too much.

Considerations

There are many different books out there on management and starting a business. By taking the time to choose the right book, an entrpreneur can significantly improve his chances of success in the long-term.

by: Lee Lister




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