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Review
Small Time Operator is head and shoulders above all the other business help books, but there's nothing 'small time' about it. It's complete, and it belongs on your desk.Much more than just another business guide. It's the industry bible for anyone starting out in a small business. (Midwest Review/WYOU-TV)This book is an extremely refreshing guide to starting and operating your own business. (National Society of Public Accountants)"The book is easy to read and could function as a reference text." (Library Journal)
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About the Author
Bernard B. Kamoroff is a C.P.A. with thirty years of experience specializing in small business. A University of California lecturer, he is the author of five books on business and taxes. He lives in Willits, California.
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Product details
Series: Small Time Operator: How to Start Your Own Small Business, Keep Yourbooks, Pay Your Taxes, & Stay Ou
Paperback: 256 pages
Publisher: Taylor Trade Publishing; 13th edition (February 16, 2013)
Language: English
ISBN-10: 158979799X
ISBN-13: 978-1589797994
Product Dimensions:
8.6 x 0.8 x 11 inches
Shipping Weight: 1.6 pounds (View shipping rates and policies)
Average Customer Review:
4.6 out of 5 stars
244 customer reviews
Amazon Best Sellers Rank:
#253,409 in Books (See Top 100 in Books)
This is coming from someone who wants to start a blog/online/home business. Let's start with the positive: lots of extra and detailed tax write off information for sole proprietors. I'm using this book mainly to reduce my taxes since I have a relatively high income with high income taxes and this book seems to contain the most detail and various ways I can deduct my taxes. I'm using this book more as a reference than a read thru - which brings me to the negative side of this book . . . it's hard to read chapter by chapter. I feel like there's a lot of fluff, but with a few really good legal/tax points throughout the book.I don't own or plan to own a brick and mortar business - so a lot of the advice is not for me. I want to keep my operations really small, strictly staying online, collecting no sales tax, and not employing anyone (my main motive in business is to get tax-deductions for following my true passions - something I would do for free and in fact spend and lose money on). If my passions are profitable in some way, then HOORAY! But if not, at least I got tax-deductions doing something I enjoyed. Therefore, I still meet the criteria for my intention to make a profit. But as we all know, profit is not guaranteed in any and every business.The getting started chapter goes over business types (service, retail, manufacturing), business success info and advice, business location (mall, home, rural, industrial, zoning), financing (business loan types, grants, raising capital), legal structures (sole proprietor, LLC, etc.), legality of business names and trademarks, licensing permits, and liability insurance. I never plan to go in debt for business unless expansion would guarantee massive profits - in this case taking a loan is justifiable. I want to keep my liabilities naturally low and stay smart about risk to avoid buying insurance and avoid any catastrophes. Besides info about business names and trademarks, this chapter was a wash for me.I hate the bookkeeping chapter because it's too complicated. I was hoping for a simple and easy solution to keep track of everything. But there are a few useful tips and pointers if you're willing to dig through all the words.The growing up chapter explained the details in hiring employees and solidified my opinion that hiring employees is never worth it and if I were to ever hire, I would use contractors.The taxes chapter is the main reason I bought the book and it didn't disappoint - the gold is here. Unfortunately for me (but fortunately for you?), I just found out he wrote a different book that only covers tax deductions - had I known this, I would have bought that book. I'll probably check it out at the library. I advise you to look into it too if you're like me. There are so many deductions that are explained, I'm glad that I bought this book so that I don't have to hire someone to tell me and do my taxes for me. LOTS of tax intricacies I never even guessed existed were explained. Now I can and will deduct things confidently.The home business chapter is my second favorite since it also has tax-specific advice about home business.The only things in the last chapters which caught my eye are the legal aspects of publishing and trademarks. Also talks about websites and the internet.This is a great book for people who already have a pretty solid traditional small business and hope to improve upon it by expanding their business through expanding sales and hiring employees. It does have good nuggets for sole proprietors as well. Taxes are a headache, reading this book is a headache - but that is mostly because taxes are a complicated issue for most laypeople trying to start a business.
This is the second book by this author I have read. The other was 475 tax deductions for small business owners. This book was referenced in the other. He explained each deduction and how it may apply to your business in the 475 book. This one starts you out on the ground floor of deciding to start your own business then walks you through every possible consideration. I wish I had this one in my hand 20 years ago when I opened my small business, a sport shooting facility in central alabama. I now fully understand what I should be doing. My tax situation is now much better as I now know how to take advantage of being a business owner... that means more of the money my business makes benifits me personally. Who wouldn't want that?
I have purchased a lot of books about business, accounting, taxes, etc. by far, this is the best one. I read this book in one day - approximately 230 pages and I obtained a wealth of information.
Good as a first-look sort of insight into what you should consider before starting your business. Offers a few details (directs you to SBA.gov and some tax considerations), but neglects details on a lot of other things – notably *how to form a business plan!* It omits one of THE most important processes. It's more like how to THINK like an entrepreneur, not how to BE one or gain the skills of one. That's all well and good if it were advertised as such. I don't regret the purchase, but I expected more.
This book is great for someone with a home business. In this economy alot of people including myself have a side business or home business in addition to a full time job. It gives lots of good advice and explains topics very well.
Been in business myself for a while now. I have purchased this book 3 times for the updated editions. It helped with getting started. Getting start up loans. Working on contract. Taxes. Incorporating how to and why. Anything you might need help with is in here somewhere. Easy to read. Written in a conversational style. A bit of humor peppered in it. If you do any type of business or think you might. Get this book.
Starting my own business, and being a first timer, I needed clear, understandable information on how to establish and setup my business. This book is by far the easiest to follow. The author interjects some great insight and humor throughout. It's down-to-earth, easy to understand and follow. Do yourself a favor and get this book - you won't be disappointed.
In the world of HOW TOs this book is at the top of the list for new business owners. I feel more confident having read it. It got me clear on my aspects of the process and now I know better how to work with my accountant as well as I'd like to be hands-on and in the know regarding my business. GREAT BOOK.
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