This is a guest post written by Maria Cannon for Win’s Books.
Starting a business is not necessarily an endeavor that requires a huge group of people. On the contrary, many entrepreneurs choose to work alone, and they do so with great success. But, as with all things, knowledge is power, and there are plenty of books available to help fledgling entrepreneurs become a master of their own domain. Here are four that you should consider reading before you step off the corporate train into the world of self-employment, presented here today by Win’s Books.
Nolo’s Guide to Single-Member LLCs: How to Form & Run Your Single-Member Limited Liability Company
Have you ever wondered how business owners take advantage of tax breaks or why some companies have to stick to a specific managerial structure? The answer is their business entity. A business entity is a legal structure that defines how the government and other pertinent bodies treat you legally and financially. For many small business owners, forming an LLC is a great option, and Nolo’s Guide to Single-Member LLCs: How to Form & Run Your Single-Member Limited Liability Company is a great book on the topic.
Among other things, this 184-page guide explains what documents you need and how to fund your business from the beginning. At the conclusion of the book, you’ll also understand liability issues and should feel comfortable starting your own LLC. Do keep in mind, however, that each state/municipality has different rules and regulations so you will need to do independent research pertinent to your location before moving forward.
The Tuttle Twins Guide to Inspiring Entrepreneurs
The Tuttle Twins Guide to Inspiring Entrepreneurs is a book all about inspiration. Within its pages, you will read about some of the most inspiring business owners in recent history. Written by Connor Boyack, this reasonably short hardback walks you through many of the trials and tribulations that you are likely to encounter as a business owner.
Hopefully, you will walk away from each chapter with a sense of direction so that you can become one of the many businesses globally that generate the vast majority of the world’s jobs. While The Tuttle Twins Guide to Inspiring Entrepreneurs is not a play-by-play on how to be successful, you will learn to appreciate that sometimes failure breeds success.
Who knows? After finishing the book, you may decide that you want to get serious about business — so serious that you’d like to go back to school. Getting your MBA may have been a dream at one point, but you decided to set it aside for whatever reason. Although going back to school may sound intimidating, you can easily do so from the comfort of your home online. There are many online universities that offer MBA programs that allow people just like you to further their education without disrupting their schedules.
Company of One
Being – and staying – a small business owner has many advantages. Company of One touches on these and explains why it pays to stay small. Among the other topics, author Paul Jarvis touts the greatness of staying simple and staying small.
Company of One is an excellent book if you’ve ever considered freelancing instead of traditional business ownership as well. As a freelancer, you get to use your expertise in a specific field to support other businesses and business owners. The primary difference between being a business owner and a freelancer is that your primary responsibilities are not to keep a business up and running but to handle the areas where you are strongest.
Digital Marketing For Dummies
Marketing is a mixed bag, and many business owners and corporations find that a combination of print and digital marketing is the best for their bottom line. But, small business owners, especially, must have a full grasp of digital marketing. Digital Marketing For Dummies will help you gain an understanding of an ever-changing field so that you can increase brand awareness and maintain a positive online presence.
There you have it. Four books that all aspiring entrepreneurs can – and should – read before going into business. While much of the things you learn as a business owner require experience, there are still lots of things you can get to know so that you have fewer hurdles along the path toward success.
Image via Pexels
Keep in mind here that, while the fundamentals of digital marketing stay the same, you must also learn to stay on top of digital advertising trends, such as social commerce and artificial intelligence. In addition to this book, you’ll also want to do some outside research to continue to build upon your knowledge base and sharpen your digital marketing skills.