BN.com Gift Guide

Small Time Operator: How to Start Your Own Business, Keep Your Books, Pay Your Taxes, and Stay Out of Trouble

Overview

Written for small businesses, self-employed individuals, employers, professionals, independent contractors, home businesses, and Internet businesses, Small Time Operator is the most popular business start-up guide ever. In clear, easy to understand language, the author covers: getting permits and licenses; how to finance a business; finding the right business location; creating and using a business plan; choosing and protecting a business name; deciding whether to incorporate; establishing a complete bookkeeping ...
See more details below
Available through our Marketplace sellers.
Other sellers (Paperback)
  • All (24) from $1.99   
  • New (4) from $12.50   
  • Used (20) from $1.99   
Close
Sort by
Page 1 of 1
Showing All
Note: Marketplace items are not eligible for any BN.com coupons and promotions
$12.50
Seller since 2005

Feedback rating:

(226)

Condition:

New — never opened or used in original packaging.

Like New — packaging may have been opened. A "Like New" item is suitable to give as a gift.

Very Good — may have minor signs of wear on packaging but item works perfectly and has no damage.

Good — item is in good condition but packaging may have signs of shelf wear/aging or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Acceptable — item is in working order but may show signs of wear such as scratches or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Used — An item that has been opened and may show signs of wear. All specific defects should be noted in the Comments section associated with each item.

Refurbished — A used item that has been renewed or updated and verified to be in proper working condition. Not necessarily completed by the original manufacturer.

New
2004 Trade paperback 8th ed. New. lt coverwear. -minor imperfections-Book is New Trade paperback (US). Glued binding. 208 p. Contains: Illustrations. Small Time Operator: How to ... Start Your Own Small Business, Keep Yourbooks, Pay Your Taxes, & Stay Ou. Audience: General/trade. Read more Show Less

Ships from: WEST ISLIP, NY

Usually ships in 1-2 business days

  • Canadian
  • Standard, 48 States
  • Standard (AK, HI)
  • Express, 48 States
  • Express (AK, HI)
$14.00
Seller since 2010

Feedback rating:

(52)

Condition: New
2004-06-01 Paperback 8th Rev&Up New New book, fully revised and updated for a reasonable and competitive price. I will ship promptly with FREE delivery/tracking confirmation. ... Why wait, for a few dollars more choose expedited shipping and receive your order in a couple of days. Read more Show Less

Ships from: Marietta, GA

Usually ships in 1-2 business days

  • Canadian
  • International
  • Standard, 48 States
  • Standard (AK, HI)
  • Express, 48 States
  • Express (AK, HI)
$14.00
Seller since 2011

Feedback rating:

(53)

Condition: New
2004 Trade paperback 8th ed. New. No dust jacket as issued. Trade paperback (US). Glued binding. 208 p. Contains: Illustrations. Small Time Operator: How to Start Your Own Small ... Business, Keep Yourbooks, Pay Your Taxes, & Stay Ou. Audience: General/trade. Read more Show Less

Ships from: Statesville, NC

Usually ships in 1-2 business days

  • Canadian
  • International
  • Standard, 48 States
  • Standard (AK, HI)
  • Express, 48 States
  • Express (AK, HI)
$60.00
Seller since 2014

Feedback rating:

(194)

Condition: New
Brand new.

Ships from: acton, MA

Usually ships in 1-2 business days

  • Standard, 48 States
  • Standard (AK, HI)
Page 1 of 1
Showing All
Close
Sort by
Sending request ...

Overview

Written for small businesses, self-employed individuals, employers, professionals, independent contractors, home businesses, and Internet businesses, Small Time Operator is the most popular business start-up guide ever. In clear, easy to understand language, the author covers: getting permits and licenses; how to finance a business; finding the right business location; creating and using a business plan; choosing and protecting a business name; deciding whether to incorporate; establishing a complete bookkeeping system; hiring employees; federal, state and local taxes; buying a business or franchise; dealing with - and avoiding - the IRS; doing business on the Internet; insurance, contracts, pricing, trademarks, patents, and much more.
Read More Show Less

Editorial Reviews

American Association of Small Business Employers
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.
Midwest Review/WYOU-TV
Much more than just another business guide. It's the industry bible for anyone starting out in a small business.
National Society of Public Accountants
This book is an extremely refreshing guide to starting and operating your own business.
Read More Show Less

Product Details

  • ISBN-13: 9780917510229
  • Publisher: Bell Springs Publishing Company
  • Publication date: 4/9/2004
  • Edition description: Older Edition
  • Pages: 224
  • Product dimensions: 8.44 (w) x 10.84 (h) x 0.58 (d)

Meet 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.

Read More Show Less

Table of Contents

Foreword: Be Your Own Boss 5
Section 1 Getting Started 11
Getting Started: Basics
A Small Time Operator: A True Story 13
Kinds of Business 13
Business Failure Rates 14
Can You Do It? 15
Your Idea, and the Market 16
Business Location
Choosing a Location 17
Zoning 18
Leases 19
Rural Businesses 20
Financing
How Much Do You Need? 20
Start Up Capital 21
Self Financing 21
Debt Financing 21
Bank Loans 22
Other Loan Sources 22
Small Business Administration (SBA) 23
Loans to Yourself 24
Equity Financing (Investors) 24
Limited Partnerships 24
Limited Liability Companies (LLCs) 25
Venture Capital 25
Legal Structure
Different Legal Structures 25
Sole Proprietorship 26
Choosing a Business Name 27
DBA / Fictitious Name Statement 28
Trademarked Names 29
Licenses and Permits
General Information 29
Local Business Licenses 29
Other Local Permits 30
State Licenses 31
Sales Tax and Seller's (Resale) Permits 32
Use Tax 34
Other State Regulations 34
Federal Identification Numbers 34
Federal Licenses 35
Federal Trade Commission Rules 35
Insurance 37
The Business Plan 42
Section 2 Bookkeeping 45
Warming Up to an Unpopular Subject
Why Keep a Set of Books 47
IRS Requirements 47
Setting Up Your Books 48
Hand-Posted Versus Computer Ledgers 48
Computer Software for Bookkeeping 48
Business Bank Accounts 49
Bookkeeping Simplified
Introduction to Single-Entry Bookkeeping 50
Cash Accounting Vs. Accrual 51
Recording Income 53
The Income Ledger 54
Sales Returns 55
Installment Sales 56
Return (Bounced) Checks 56
Credit Sales 57
Direct Credit 57
Finance Charges 58
Credit Ledger 58
Accounts Receivable 58
Your Credit Customers 59
Uncollectible Accounts 60
Credit Cards 60
Debit Cards 62
Recording Expenditures 62
The Expenditure Ledger 62
Checkbook and Ledger Combined 63
Posting The Ledger 64
Accounts Payable 67
Petty Cash 67
Calculators and Adding Machines 68
Financial Management
Profit and Loss Analysis 69
Cash Flow Projections 70
Inventory Control 71
Section 3 Growing Up 73
Business Growth 75
Hiring Help
Employees Vs. Independent Contractors 76
Steps to Becoming an Employer 80
Federal and State Requirements 80
Federal Procedures and Taxes 81
Family Employees 84
Payroll Ledgers 84
Partnerships 86
General Vs. Limited Partnerships 86
Partnership Agreements 87
You and Your Partners 88
Partnership Bookkeeping 89
Partnership Post-Mortem 90
You, Incorporated
A Corporation Primer 91
Limited Liability 92
Change of Ownership 93
Owner-Employees 93
Retained Earnings 94
S Corporations 94
Close Corporations 95
Steps to Incorporating 95
Articles of Incorporation 96
Incorporating an Existing Business 98
Limited Liability Company (LLC) 98
Section 4 Taxes 101
Deep in the Heart of Taxes 103
Accounting Period: Calendar Vs. Fiscal Year 104
Who Must File 105
Which Returns to File 105
Filing Dates 106
Tax Calendar 106
Business Expenses
Basic IRS Rules 109
Start-Up Expenses 110
Prepaid Expenses 110
100 Typical Expenses 110
Inventory and Cost-of-Goods-Sold 113
Assets: Machinery, Equipment, Furniture, Etc. 116
Depreciation 117
Vehicle Expenses 123
Repairs 124
Bad Debts 124
Casualty and Theft Losses 125
Donations 125
Interest 125
Entertainment 125
Business Gifts 126
Meals 126
Travel and Business Trips 126
Dues 128
Freight 128
Education Expenses 128
Insurance 128
Health Insurance 128
Non-Deductible Expenses 128
Self-Employment Tax 130
Retirement Deductions 131
IRA (Individual Retirement Account) 132
SEP (Simplified Employee Pension Plan) 132
SIMPLE Plan 133
Qualified Plans (401k, Keogh) 133
Other Small Business Tax Issues
Estimated Tax Payments 134
Barter 135
Operating Losses (NOL) 135
Year End Tax Strategies 136
Tax Credits 137
Tax Software 138
The Internal Revenue Service
The IRS and You 138
Business Losses and Hobby Loss Rule 139
Audits 140
Penalties 140
Failure to File 141
Amending Old Returns 141
Federal Information Returns 142
Excise Taxes 143
State and Local Taxes
State Income Taxes 143
Gross Receipts Taxes 144
Other State Taxes 145
County, City and Local Taxes 145
Section 5 Home Business 147
Home, Inc. 149
Types of Businesses (and Possible Problems) 150
The Well Hidden Home Business 151
Post Office Boxes 151
Deliveries 151
Zoning 152
Housing Restrictions 153
Setting Up Your Office 153
Telephone 154
Insurance 156
Income Tax Laws 157
Home Office Deduction 158
Outgrowing The Home 161
Section 6 Your Business 163
How to Balance a Bank Account 165
Balance Sheets 167
Professional Help
Accountants 168
Attorneys 169
Bookkeepers 169
Husband and Wife Businesses 169
Partnership, Sole Proprietor, or Corporation? 169
Income and Payroll Taxes 170
Spouse as Employee, and Fringe Benefits 170
Two Separate Businesses 172
Multiple Businesses (More Than One Business) 172
Import and Export Businesses 173
Buying a Business
Independently Owned Businesses 175
Franchises 179
"Business Opportunities" 181
Freelancers, Professionals, Consultants 181
Independent Contractor Status 181
Royalties and Advances 182
Legal and Management
Pricing 182
Trademarks 184
Patents 187
Copyrights 189
Contracts 191
How To Avoid Crooks 193
The Internet 196
Business on the Internet 196
Market Research 196
Web Sites 197
Domain Names 198
Web Hosting 199
Web Site Design 200
Shopping Carts 203
E-Mail 204
Links 205
Security 206
Managing and Marketing Your Business 207
The Future of Small Business 208
The Annual Update Sheet 208
Section 7 The Ledgers 209
Income and Expenditure Ledgers
Year End Summaries
Depreciation Worksheet and Equipment Ledger
Credit Ledger, Payroll Ledger, Partners' Capital
Petty Cash Ledger, Inventory Record
Index 223
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)