Overview

If you are looking to start a business of your own and you need advice on legal matters such as taxes, bookkeeping, etc., then this book is for you. This book is not only for the start-up but also for the business owner who has been operating on a shoestring and is ready to take the business to the next level. It not only explains how and why you need a good bookkeeping system but explains how to use the information to operate effectively. It explains cash flow and how to manage it. It explains the basic financial statements and how to read them. It also explains the factors to take into account when selecting a federal tax classification for your business, which refers to how you want to be taxed.

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