Accounting for Small Business Owners
I found this book, Accounting for Small Business Owners, to be an in-depth and Informative read that could definitely benefit anyone considering starting their own business. While I do think this book would be more helpful to read before you open business, as it does have sections about choosing what time of financial structure and accounting methods would work best for different situations, I would still recommend this to a person already established who wanted to get a better understanding of the accounting world as it relates to them.
This book takes small business accounting step by step. First it discusses the general accounting world- who governs it, what roles different accounting professionals play, and different types of business structures. I like that the book occasionally offers helpful hints relating to things that might seem like a good idea, but could end up being problematic or even hurting you in the long run. Then it goes on to define and describe through examples the different terminology and makeups of the financial and accounting world. Worked into the text are balance sheets and income statements- all of the different documents that all business owners will need to use to be in business. There are also sections detailing the financial aspects of running the business and selling. Those sections go into detail about purchasing the things you need to run the business and inventory costs, down to taking and receiving payments. Again, clear examples are provided to reinforce the information.
I really like how the book adds in throughout the text and spends time discussing at the end how all these financial statements can be used to learn about and improve on your business. Bottom line to me is that I am in business to make money, so if there is a tool right in front of me to help me make more of it I want to know how to read and decipher it!
Product provided for the purpose of inspection and unbiased review.
Product Details :
- Paperback: 124 pages
- Publisher: Rockridge Press; Gld edition (April 10, 2015)
- Language: English
- ISBN-10: 1623155363
- ISBN-13: 978-1623155360
- Product Dimensions: 7 x 0.3 x 10 inches
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