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Articles about how to start a bookkeeping business (0-50 of 391)

  • Restaurant Business Plans - Focus On The Financials
    By: Eric Powers | - The Financial Analysis section of a restaurant business plan consists of pro forma (projected) financial statements for the business. Before creating these statements, consideration must be paid to these three key concepts:

    Capital Expenditures

    Likely the most pertinent portion of the Financial Analysis section will be the statement of how much capital the restaurant will need in order start the venture. The trouble is that too conservative of a projection will leave ...

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  • Start A Hotel Business - Setting Prices
    By: Eric Powers | - If you have visited a certain hotel repeatedly, you'd probably noticed that, like airlines, hotels generally change their prices with the season, the month, and even the day of the week. Pricing also changes the closer you are to a given date. Pricing changes such as these are part of yield management, and yield management software is a valuable investment for a new hotel that wants to make sure they are pricing competitively and maximizing their revenue.

    What is Yield Management? ...

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  • Work-at-home Business Expenses
    By: Elizabeth Ross | - Money is important when you have a business to run especially when there are unexpected expenses along the way. Same thing when you have a work-at-home business. Some people have a wrong notion that you won't be needing ANY money to run a home based business. The truth is, you will need money as well to keep it running. But you will just need a little financing because for one, you won't need to rent an office for operations.

    Be financially prepared. This is very essential when star ...

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  • 4 Ways How Accounting Service Can Grow Your Small Business
    By: Cheow Yu Yuan | - Starting a business is easy but maintaining and growing it is difficult. When you start your own business, there are a lot of things that you need to handle, such as sales, marketing, finance, payroll, customer feedback, etc. Sometimes, you will be so caught up with admin stuffs that you do not have the time to get new customers.

    For a startup, one of the most important things is cash flow. In order to have a healthy cash flow, you need to get more sales. So if you are spending m ...

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  • Free Way To Start An Career
    By: sandy vish | - Do you have passion for making handmade crafts? There is a big demand for handicrafts at the present time. Tourists love buying this work of art both for personal use and as gifts when they go back to their countries. Best of all such trade can be made into a home based business. Work at home where you are in control. Work as much as you want, no schedules to follow, though you should be disciplined enough to meet deadlines for clients.

    To start a handicraft business better check fi ...

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  • How To Start A Bookkeeping Business, Questions To Ask Clients
    By: Julia Nitschke | - There a number of questions you need to ask clients when they approach you to do their bookkeeping work in your business. To develop long term happy clients, you will need to communicate effectively and be sure to you both have fair expectations of the relationship.

    It is important to check when the client requires the work completed. This will ensure you meet their due dates if applicable and meet their expectations. If there is not a due date imposed by government legislation, y ...

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  • How To Start A Bookkeeping Business, Client Satisfaction Tips
    By: Julia Nitschke | - If you are thinking about starting a bookkeeping business, or you are a bookkeeper who suddenly finds yourself with a client there are a number of questions to ask prior to accepting the job. Additionally these questions will assist in creating a successful client relationship which will in turn develop your business.

    Bookkeeping is a service based business which relies on positive client relationships to assist in creating a successful business. Most relationships need good commu ...

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  • 3 Tips To Help You Start A Bookkeeping Business
    By: Julia Nitschke | - Do you want to start your own bookkeeping business? There are some important tips, which may help you along the way. Even if you have many years bookkeeping experience, starting, running and growing your own business requires new skills and attitudes, which might not have been required as an employee.

    Firstly, do you know your own strengths and weakness? This is sometimes difficult to ascertain for yourself as often people see them selves differently to how others do. It is import ...

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  • How To Start A Bookkeeping Business - Your Business Plan
    By: Julia Nitschke | - If you are about to start a bookkeeping business, a business plan is an essenial part of your start up requirements. This might not sound like a news flash, but many people start their own business by accident and they stumble along getting clients slowly or doing the books for their family business.

    Although this is a great starting point, but if you want to take your bookkeeping business to the next level and want to create a sustainable long term business, you will need a busin ...

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  • Start A Bookkeeping Business - How Easy Is It?
    By: Julia Nitschke | - Starting your own bookkeeping business is appealing to people for a number of reasons and it is quite easy if you find out exactly how to do it. It is a very low cost business to start up. You can start at home with just a small workspace, telephone and printer. It is also quite unregulated in many countries, which mean any one with some knowledge, and experience can use their expertise to start their own business.

    Apart form a low cost start up, bookkeeping as a freelancer or con ...

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  • Bas Agent Register - A Positive Step For Professional Bookkeepers
    By: Julia Nitschke | - BAS agent registration is an increasing topic for Australian bookkeepers. There has been legislation recently introduced by the Australian Taxation Office (ATO) to introduce a BAS Agent register. This is to try and monitor those bookkeepers who are providing BAS related services to their clients and to ensure the bookkeepers understand the legislation as it relates to goods and services tax (GST).

    Many bookkeepers have wondered why they can provide bookkeeping services to clients ...

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  • What Makes Bookkeeping A Good Career Choice?
    By: Julia Nitschke | - Bookkeeping has become a profession in its own right in the last 10 years. It is increasing in demand in Australia, UK, USA, Canada and New Zealand. This has been due to a number of factors, specifically the increase in small business and the legislative compliance placed on small business.

    Most of the countries where bookkeeping has been increasing in demand have a VAT, GST, or other federal, state or local tax. Due to the increased compliance small business often finds it is ne ...

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  • How To Start A Home-based Business
    By: Scott Letourneau | - There are many major benefits in starting a home-based business. The biggest benefit to starting a home-based business is the amount of money that you will save. After all, you do not have to spend money on renting an office or retail space or commuting costs, which means that you get to keep more of your profits.

    Even better, operating a home based business has quite a few tax benefits as well! Another major benefit to starting a home based business is that you get to work f ...

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  • Marketing Materials For Your Bookkeeping Business
    By: Julia Nitschke | - Business cards are the front line in letting people know what you do. After meeting someone you can hand over a business card and they have all your details. It gives you a professional presence by handing over a card. Its amazing how many situations arise when you can give someone your card. Even in a shop, if you have a product on order and they are going to call you when some thing comes in, give them a card.

    You can get business cards quite cheaply these days especially throug ...

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  • Start A Bookkeeping Business - Tips To Work Out Your Rate
    By: Julia Nitschke | - It is important to establish what your charge out rates are before you actively market to prospective clients. If you are in a meeting with a prospective client you need to know exactly what you will charge per hour or will you bill a fixed amount per month or quarter.

    You can do some research to ascertain what other bookkeeping services are charging for their services by making a few phone calls. This will help you determine what is going on in the market, but it may not reflect ...

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  • Start A Bookkeeping Business - Top Insurance Tip
    By: Julia Nitschke | - When you commence your own bookkeeping business, one of the key insurances people often forget to organise is Professional Indemnity Insurance.

    You can get some policies for as little as $500 per year paid annually, whilst earning fees up to $100,000. This cover indemnifies you so that if someone sues you, you have insurance for the claims. Many bookkeepers do not bother with this, however it really is critical to ensure you are acting in a professional manner and ensuring you ha ...

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  • How To Start A Bookkeeping Business - Buying A Business
    By: Julia Nitschke | - Occasionally you may find people wanting to sell their bookkeeping practices. This can be one way of starting your own bookkeeping business without a lot of marketing for client generation.

    This way of starting a business may be something to consider however it is not necessarily something you should enter into lightly. Unless it is a large bookkeeping firm which has goodwill in the business which is not necessarily attached to the main principal, the smaller ones may not be a go ...

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  • Start A Bookkeeping Business - Buying A Franchise
    By: Julia Nitschke | - If you are thinking about starting a bookkeeping business, an option to investigate is that of a franchise. With the franchise model there is support starting, running and marketing your business. Branding and business recognition have already been established and it is often looked upon as an easier way to attract clients. Additionally a large franchise may already have a significant market share.

    There are however some serious things to consider before taking the plunge into a ...

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  • How To Start A Book Keeping Business, The Number 1 Top Tip
    By: Julia Nitschke | - The top tip if you are thinking about how to start a book keeping business is that you need a business plan. This might not sound like a news flash, but many people start their own business by accident and they stumble along getting clients slowly or doing the books for their family business.

    Although this is a great starting point, but if you want to take your bookkeeping business to the next level and want to create a sustainable long term business, you will need a business plan ...

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  • How To Start A Book Keeping Business, Three Top Tips
    By: Julia Nitschke | - If you are considering staring a book keeping business, there are some important tips which will help you along the way. Even if you have many years bookkeeping experience starting a business required new skills and attitudes which you need to be aware of.

    Firstly, do you have the right attitude to be in business for yourself? This is sometimes difficult to do as often people do not understand their limitations or really know their own personality.

    Can you get up an ...

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  • Being A Bean Counter Is A Popular Career Choice
    By: Julia Nitschke | - Even with the global financial crisis, some industries are still needed and even flourishing. Bookkeepers, or bean counters as we are often referred to, are often in demand due to the growth over the last 20 years in small business.

    20 Years ago, bookkeeping was not really a profession of its own. It was somewhere between being a secretary and working in an accounts department. As a profession it has taken off over the last two decades and in particular in Australia, with the intr ...

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  • Bookkeeping Franchises, Is A Bookkeeping Franchise For You?
    By: Julia Nitschke | - If you have been thinking about how to start a bookkeeping business, you may have thought about your structure, your qualifications and experience and may have thought about what services you can provide. You might then decide it is all too hard to set it up from scratch yourself and doubt your abilities. If you not sure about being being able to start your own business, you may be thinking about buying a bookkeeping franchise.

    Franchises can be a good introduction into business ...

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  • Are You A Bean Counter Who Wants To Start A Bookkeeping Business?
    By: Julia Nitschke | - Are you a bean counter? Do you just love numbers and love crunching them all day? Do you like helping business owners know how their business is performing and enjoy looking at the books all day? If this sounds like you and you are looking to become your own boss, you might like to think about starting a bookkeeping business.

    Creating your own business is not something to enter into lightly and a love of bookkeeping is not enough to be a successful business owner. Having your own ...

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  • How To Become A Bean Counter
    By: Julia Nitschke | - Being a bean counter is a wonderful profession which has increased in popularity in the last decade. Bookkeepers, our bean counters we are more affectionately called, are instrumental in small business owners understanding their businesses on a more frequent basis than once a year when they visit their accountants.

    Bookkeeping is not a regulated industry, but it is gaining momentum. There are no minimum set prerequisites that need to be achieved to set your self up as a bookkeeper ...

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  • How To Start A Bookkeeping Business - Tips To Choose Your Business Name
    By: Julia Nitschke | - It is important to have a positive feeling in the business name. It is not essential to have bookkeeping in the title, but many people use it and it makes it clear what people are getting. It is good to keep it relatively short, to make it easy to remember. Words which are synonymous with bookkeeping can be a good start, like balanced, bottom line, in the black or BASic.

    It is also important to research what people are searching for when looking for a bookkeeper. Often people wil ...

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  • Bas Agent Registration & Your Bookkeeping Business
    By: Julia Nitschke | - Anyone who has a bookkeeping business or is thinking about starting their own bookkeeping business in Australia needs to be aware of the changes to legislation to have registered BAS Agents who are then eligible to provide Business Activity Statement (BAS) services for a fee.

    The legislation is in the final stages and once it has been passed it will mean any bookkeeper wanting to provide BAS services for a fee, must be registered as a BAS agent or working under the supervision of ...

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  • How To Start A Bookkeeping Business - Your Business Structure
    By: Julia Nitschke | - When you are commencing your bookkeeping business, you will need to decide on the structure you will use to trade. Are you going to be a sole trader or are you registering a Company? Will you go into the business in partnership with another bookkeeper and split the profits?

    Although most bookkeepers understand the different business structures, it is import to be reminded of the pros and cons of the most popular choices available.

    Sole Trader - This is a very popul ...

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  • Independent Consulting: Applying The 80/20 Principle To Your Business
    By: Larry Ferguson | - Youre probably familiar with Paretos Principle, also called the 80/20 Principle. What's the idea behind the 80/20 principle?

    Its about focusing on what youre good at and what you enjoy.

    What do you do well? Where's your passion? Make that the focus of what you do, and then delegate the tasks that you don't do well or that would just suck away your time. Its being smart about how you run your business.

    For example, ...

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  • Coaching Business Success Plan
    By: suzan schmitt | - Failing to plan for your coaching business is like planning to fail in your coaching business. You have to have a plan and work that plan. Would you go to a surgeon who did not have a plan for your surgery? Would you go to an accountant who did not have a plan for your taxes? Then why would you allow yourself not to have a plan for your own business?

    Develop Your Marketing Plan and Work It
    You must have a plan to marketing and grow your coaching business. Success does not u ...

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  • Why Business Consulting Might Be For You
    By: Pat Plank | - If you've ever wanted to start an online business, be it for part time income, or to replace your current job, you've probably noticed one thing above all else: there are literally a million different ways you can go. From affiliate marketing, to mlm, to business consulting, there are a myriad of options.

    What do I mean? Well, you could do affiliate marketing, which is selling other people's product for a commission. Should you decide to go that route, you need to pick a niche, pic ...

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  • Medical Billing Services Guide
    By: Channer Hewitt | - Medical billing services cover a wide range of activities but the main goal of any medical biller is to process physician super-bills (treatment description) and file claims with insurance companies to ensure that their clients are paid the proper amount in a timely fashion.

    A typical medical billing business, working independently from a hospital or clinic, uses medical billing software to input clients new billing data and send it to the appropriate insurer, while also a ...

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  • A Look At Medical Billing Services
    By: Channer Hewitt | - Medical billing services cover a wide range of activities but the main goal of any medical biller is to process physician super-bills (treatment description) and file claims with insurance companies to ensure that their clients are paid the proper amount in a timely fashion.

    A typical medical billing business, working independently from a hospital or clinic, uses medical billing software to input clients new billing data and send it to the appropriate insurer, while also a ...

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  • Home Business Is The Future Of Internet
    By: Dianne Logan | - The current global recession had been putting lot of strain on all employed persons, particularly on lower and middle income people and working mothers. Retrenchments and layoffs had resulted in sharp drop in income levels in many families. Even those who are still employed find reduction in salaries due to the loss in company revenues. Hence, earning a livelihood, as well as making some extra money, had assumed importance now. In such a bleak scenario, home business offers a golden opportunity ...
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  • 7 Essential Things To Do Before Starting A Business
    By: Kurt Naulaerts | - If you want to take a start in business than you have to decide on the particular product which can provide you customers. Sometimes that can be difficult. You could have already made your decision and know exactly what type of business you want. Still, the probability is that like most, you might be strongly inclined towards some particular product or service without being sure how to come to a decision.

    Before spending your time, effort and funds know that your product or servi ...

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  • Nursing Agency: A Lucrative Business
    By: Ashley Beyle | - There is a great demand for nurses these days. Because of this remarkable event, there is a shortage on the number of nurses. A large number of nurses are aging and the number of enrollees for nursing has decreased. Despite this shortage, the demand for nurses still continues to rise.

    Nursing agency is a great chance for business-minded people who want to achieve success in the future. The demand for nurses is increasing so it is really a profitable business for entrepreneurs. A ...

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  • How To Start Your Own Nursing Agency Business
    By: Ashley Beyle | - Decline of nurses has grown much more these days; this is mostly caused by the aging workforce and low enrollments on nursing courses. But despite this decline, there is still great demand for them in the industry and in the society.

    Any new or established businessman will recognize that an opportunity for a nursing agency will be a wise investment because of the rewards it promises. With constant demands for nurses national, abroad, in facilities or even for individual nurses, y ...

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  • Bookkeeping Services: How To Do Simple Bookkeeping Business
    By: hitechbookkeeping | - To achieve something in business, one of its most important tools is the financial analysis, based on the business records. Accurate financial records will help to answer some very important issues. Are you making money or losing it? How much? Is your business on sound financial ground, or are troubles lurking ahead? A sound bookkeeping system is the foundation on which all of this valuable financial information can be built.



    Bookkeeping is the task of keeping financial re ...

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  • Nursing Agency Business: Tips On How To Start
    By: Ashley Beyle | - Shortage of nursing is a phenomenal growth these days, knowing that there are huge number of aging nurses plus declining of nursing enrollment. Even if there is a shortage in nursing, the demand for it is still increasing.
    For an entrepreneur who wants to obtain success, nursing agency is a great business opportunity that you can grab nowadays. With the increasing demand, you will surely be the answer to companies, facilities and individuals needs. With this kind of business, you ...

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  • Bookkeeping Business Tips For Developing Reliable Financial Projections
    By: Laurie O'Neil | - Financial forecasting reminds me of the weather - you make your forecast at a moment in time based upon the information currently available. You draw a conclusion and state your financial forecast. But then, the information changes, now it's raining, and you're caught without your umbrella!

    Financial forecasting, unlike the weather, isn't a science but it's not pure guess work either. It is a combination of:
    -knowing your business;
    -understanding your marketplace ...

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  • Easy Accounting Starting Your Own New Sole Trader Business
    By: Terry Cartwright | - It is preferable to maintain regular basic accounts as part of the financial control bearing in mind that all debts of the business are personal to the trader. By preparing monthly accounts cash flow can be managed more effectively and an estimate of future tax liability made.

    Easy Accounting

    While a sole trader does not have to keep formal basic accounts financial records are required to enable the net taxable profit to be calculated with paperwork to support that ...

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  • Bookkeeping Business Advice: Put Value To Your Time With Zero Dollar Checks
    By: Laurie O Neil | - In the last bookkeeping business advice article, we agreed that tracking your time with QuickBooks Timesheets or QuickBooks Pro Timer is the first step to becoming successful in your bookkeeping business. When you start tracking all of your daily time and detailing what you did in the "note" section of the timesheet - it is easier to put value to your time.

    In my own QuickBooks file, I set my own business mentoring company up as a customer with sub-accounts. Some of those sub ...

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  • Start A Bookkeeping Business
    By: MIKE LOBO | - Businesses need to have up to date and accurate account of their business income and expenses. Many business owners and professionals either do not like to do their own bookkeeping and/or prefer to focus their time and energy on other aspects of their business or profession.
    This creates an opportunity for bookkeeping services. A bookkeeper adds and subtracts a business's income and expenses, makes deposits, reconciles bank statements, handle payroll, do billing and prepare reports.

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  • Bookkeeping Business Advice: Use Timesheets Or Quickbooks To Track Your Time
    By: Laurie O Neil | - How many bookkeeping business owners track their own time when doing business related tasks? Are you one of the many bookkeeping service providers using QuickBooks to record your time? Can you see your customer gross profit? Do you put a value to the time you spend on your own business?

    As a bookkeeping business coach, I tell my clients: "Tracking your time is the first thing you need to do to become a more successful bookkeeping business owner." It is also one of the hardest t ...

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  • Bookkeeping Business Tips For Developing Reliable Financial Projections
    By: Linda Hunt | - Financial forecasting reminds me of the weather you make your forecast at a moment in time based upon the information currently available. You draw a conclusion and state your financial forecast. But then, the information changes, now its raining, and youre caught without your umbrella!
    Financial forecasting, unlike the weather, isnt a science but its not pure guess work either. It is a combination of:
    knowing your business;
    understanding your marke ...

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  • How To Start A Home Business With A Small Amount Of Money
    By: Garland Choate | - If you're considering borrowing a large sum of money from friends and relatives to start your own home business, you may want to put that thought aside and discover other methods of starting your business without burying yourself in a heap of debts. Simply since you don't have a lot of money for capital does not mean you can't start a home business. There are numerous ways of starting your own home business even with merely a couple of dollars.

    Offering Your Services


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  • Starting Your Own Home Based Accounting And Bookkeeping Business
    By: scott young | - Are you own of those people who are tired of being confined inside your windowless office cubicle? If you have been feeling claustrophobic in your small cramped cubicle with nothing but the computer filled with accounting files, now is the time for you to get out of there and look for something that will not really drive you crazy. There is really no point of torturing yourself and getting all your nerves worked out even if the job does pay the bills. Always bear in mind that you are not here i ...
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  • Do You Have What It Takes To Start Your Own Cleaning Business?
    By: Steve Hanson | - Are you thinking about starting your own cleaning business? Running your own business offers many rewards and gives you the freedom of being your own boss. You can also achieve great personal satisfaction from starting with a just few cleaning clients and building a successful and thriving business. Starting a new business is demanding on your time, family and finances. So before getting too far into the process of setting up your new cleaning business, it's important to take an objective look a ...
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  • Book Review: Start Your Own Business
    By: Adam McFarland | - If you want to start a business, but don't know where to start, then the place to start is with "Start Your Own Business: The Only Start-Up Book You'll Ever Need" by Rieva Lesonsky. The book is put out by Entrepreneur Press and is essentially a compilation of Entrepreneur Magazine's large knowledge database regarding starting a business.

    The book literally takes you through the entire business process - from determining if you really have what it takes to run a business to how to ...

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