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How to Start a Business in Texas (Business Start-Up Guides) 1st Edition

4 out of 5 stars 3 customer reviews
ISBN-13: 978-1932531909
ISBN-10: 1932531904
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Editorial Reviews

From the Back Cover

How to Start a Business in Texas is your roadmap to avoid planning, legal and financial pitfalls and direct you through the bureaucratic red tape that often entangles fledgling entrepreneurs. This all-in-one resource goes a step beyond other business how-to books to give you a jump-start on planning for your business and provides you with:

*Quick reference to the most current mailing and Internet addresses and telephone numbers for federal, state, local and private agencies that will help get your business up and running *State population statistics, income and consumption rates, major industry trends and overall business incentives to give you a better picture of doing business in Texas *Checklists, sample forms and a complete sample business plan to assist you with numerous startup details *State-specific information on issues like choosing a legal form, selecting a business name, obtaining licenses and permits, registering to pay for taxes and knowing your employer responsibilities *Federal and state options for financing your new venture --This text refers to an out of print or unavailable edition of this title.

About the Author

McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide

Product Details

  • Series: Business Start-Up Guides
  • Audio CD
  • Publisher: Entrepreneur Press; 1 edition (December 1, 2005)
  • Language: English
  • ISBN-10: 1932531904
  • ISBN-13: 978-1932531909
  • Product Dimensions: 4.9 x 0.4 x 5.6 inches
  • Shipping Weight: 4 ounces
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Best Sellers Rank: #7,082,705 in Books (See Top 100 in Books)

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By Brian VINE VOICE on August 10, 2004
Format: Paperback
How to Start a Business in Texas includes chapters on initial business considerations, business structure, licensing/permits/taxes, employer responsibilities, sources of business assistance, marketing, business plan, obtaining financing, finance & accounting, human resources management, insurance, setting up your office, and info on Texas. In most cases the info was Texas specific but at times it was not (e.g. "Many states have repealed their bulk sales law ... consult your secretary of state or attorney.") The chapter on business structures was 18 pages. It was pretty light on tax information and did not include any sample forms for incorporating, nor did it include a sample operating agreement for an LLC. I also thought the tax information for an LLC was confusing. The summary states that the profits and losses pass through the LLC to the owners for tax purposes. Later the author states, (paraphrasing) Even though the IRS has ruled the LLC will qualify as a partnership for tax purposes, Congress has yet to pass any legislation to that effect. A 1997 IRS decision allows sole proprietorships to convert to LLC status. "This "check-the-box" legislation allows LLC's to be treated as corporations or partnerships for tax purposes." The chapter on setting up your office failed to provide any information on tax deductions. The marketing chapter has one paragraph on using the internet to market your business, so don't expect anything useful on setting up a web site. The chapter on insurance doesn't discuss errors and omissions insurance and basically states that a discussion of liability insurance is either beyond the scope of this book or you should consult your insurance agent. The chapter on accounting and finance is very lightweight.
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Format: Paperback
This is a valuable book (resource) for budding entrepreneurs. It seems to try to cover all the bases for starting a small business, but it can't do them all well in the space available between its covers. The book is only 288 pages long. If you are in the planning stages of starting a small business, then I highly recommend you get a copy of this book. Read it, study it, and outline it. There are helpful checklists to help you grasp the subjects. You will come up with a plethora of keywords and terms that you will want to google to find Web pages giving more detailed (and maybe more current) information.

I am a SCORE counselor (Senior Corps of Retired Executives) who typically does face-to-face counseling sessions three nights a month. It would really be neat if my clients would read this book BEFORE they came to their session with me because they would pretty much be "educated customers" ready to ask educated questions. Our sessions would be so much more beneficial.

My favorite chapters were:

1. Initial business concerns

2. Your business' structure

3. Business start-up details

5. Sources of business assistance (SCORE is mentioned here)

7. Your smart business plan (and a good sample plan is included)

8. Obtaining the financing you need

The book is weak when it comes to how the Internet can be used in corresponding, hiring, and marketing. But this is just one example of how googling keywords and concepts found in the book will make the book more complete. Don't treat the book as authoritative on the law. It isn't. Nor was it ever intended to be. It is light on tax information as it relates to small business.
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Format: Paperback Verified Purchase
Looked like new. I was very pleased with this. I was concerned that the CD disk be missing but it was not.
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