The Entrepreneur's Information Sourcebook: Charting the Path to Small Business Success (American Collection S.) Review
Posted by
Pearlene McKinley
on 3/05/2012
/
Labels:
business,
entrepreneurshi p,
small business,
starting a business
Average Reviews:
(More customer reviews)
I pulled this book from my public library's shelves the other day. I noticed it had a 2006 copyright date. So I figured it was worthy of a book review. I'm glad I decided to read it and write a review. It is a good book for wanta-be entrepreneurs to read.
I highly recommend you use it to help you put together your business plan. It is written by a university librarian. She's done a pretty good job citing books and online resources to be examined when doing the necessary research to write a sound business plan for your business. The book is comprised of the following chapters:
0. Introduction
1. Are you an entrepreneur?
2. Research, statistics, and information gathering
3. Start-up
4. Your business plan
5. Ups and downs of franchising
6. Raising capital
7. Marketing and advertising
8. Management
9. Personnel/human resources
10. Legal/taxes
11. Working with the government
12. Competitive analysis
13. Growing your business and moving on
Over the past year and a half now that I have been researching small business resources and writing book reviews on Amazon to help me in my SCORE volunteer work I have come across many of the books and Web sites cited in this book. Some of them I like. Some of them I'm not particularly fond of. But it's nice to see a fairly good list compiled by the author. And it will make your life easier when writing your business plan. Beware that in a few years this book will be out of date since it cites a bunch of Web sites and books that will no doubt go out of print.
I particularly liked the chapter titles and organization of the book. It was very comprehensive. I was a little disappointed that SCORE was not mentioned more often along with its Web site's URL. But we're in there enough. I would have liked the book better if in Chapter 4 the multi-volume Business Plans Handbook series had been cited. It wasn't. See BHP Volume 1 at ISBN 0810392224. There are currently 13 volumes as of 2007.
I'm not so sure Chapter 5 on franchising was necessary. I'm not a fan of franchises and I don't usually consider it to be part of entrepreneurship per se. And when LLC's were discussed the author suggested they are just as expensive to put together as a corporation. They usually are more expensive if they are multi-member LLCs. But they are far less expensive if they are single-member LLCs. The difference in cost depends on whether an Operating Agreement is necessary. 5 stars!
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