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Starting a Micro Business Paperback – September 2, 2010
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From the Author
I was inspired to write this book by several teenagers I met who had started their own micro businesses. They knew a lot about their businesses, but not a lot about taxes, record keeping, etc so they hired me to be their accountant (or their parents hired me!).
You'll find their stories in this book. You'll also find a lot of ideas, inspiration and helpful tips.
This book, Starting a Micro Business , is the first book in the Micro Business for Teens series. The other two books that follow are Running a Micro Business and Money and Taxes in a Micro Business.I hope you find it helpful.
Carol Topp, CPA
About the Author
Carol Topp is a Certified Public Accountant (CPA) and host of the PBS television program Micro Business for Teens: Starting a Micro Business. She enjoys encouraging teenagers to start their own micro businesses. Her goal is to make taxes and accounting easy to understand via her websites, books, videos, and webinars.
Carol has presented numerous workshops on money management, business start up, taxes, budgeting and personal finance to various community, church and homeschool groups.
She has authored several books including the Micro Business for Teens series, Homeschool Co-ops: How to Start Them, Run Them and Not Burn Out, Information in a Nutshell: Business Taxes and Tips for Writers, Teens and Taxes: A Guide for Parents and Teenagers and, as contributing author, Home Work: Juggling Home, Work and School Without Losing Your Balance. She has also published several magazine articles in The Old Schoolhouse, Home Education, Homeschool Enrichment magazines and the National Association of Tax Professionals TaxPro.
Carol is a member of the Ohio Society of CPAs Speakers Bureau and the Old Schoolhouse Speakers Bureau and has presented numerous workshops on money management, business start up, taxes, budgeting and homeschooling to various community, church and homeschool organizations.
She was born and raised in Wisconsin and graduated from Purdue University with a BS in Engineering. She worked ten years for the US Navy as a cost analyst before staying home with her two daughters. While being a stay-at-home mom, Carol took accounting classes via distance learning. In 2000 Carol received her CPA license and opened her own practice.
Carol lives in Cincinnati, Ohio with her husband and has two daughters where she enjoys reading, walking, traveling and good conversations with friends.
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Top customer reviews
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In the Introduction the author Carol Topp explained the reason she wrote the book, "This book is geared toward teenagers and their lives. There are no unrealistic expectations of opening a restaurant. There are ideas of businesses that real teenagers have started and run successfully. I provide a lot of examples of teenagers I know personally. I walk you through some very important topics such as making a plan and avoiding debt. That's how this book is different!"
The author is a CPA thus she has the knowledge and ability to offer her readers practical advice about becoming a micro business owner. I found the definition of a micro business as opposed to an entrepreneurship interesting. The Micro Businesses Are Popular statistics (page 13) was quite surprising.
Examples of teens running micro businesses inspired me to be better focused on my own micro business (which I had not referred to as such until reading this book)! I need to get Dave's phone number (page 31) as I could also use a bit of help with my iTunes/Ipod Smart List. Examples of micro businesses a teen can pursue were very helpful. I appreciated [...], [...], [...] and so many more.
The Business Plan charts presented a treasure chest of guidance for a person of any age to utilize when planning to start a business. So many businesses fail for lack of planning. This non-intimidating resource was so helpful in considering the foundation for a business of any size. Thedown to earth format allowed me to realize planning a micro business for a teen may be easier than anticipated.
I appreciated Scripture verses along with secular sayings. The subtle backdrop was the Bible and also the author repeatedly reminded the teen to speak with his/her parents about what they learned from reading the book. Ms. Topp's offer of accounting advice if the reader did not yet have an accountant made me smile. She came alongside her reader throughout the book with encouragement and promoted a "can do" mantra.
Finally a book available for teens somewhere in between a lemonade stand and a storefront. No doubt the entire series will be a welcome resource if it also teaches, exhorts and encourages youth as did Starting a Micro Business. Every teen parent would benefit from reading Starting a Micro Business. I enjoyed it immensely and hope to read more of the Micro Business for Teens book series soon.
Don't let anyone think less of you because you are young. Be an example to all believers in what you say, in the way you live, in your love, your faith, and your purity. 1 Timothy 4:12
Disclosure of Material Connection: I received this book free from Kathy Carlton Willis Communications as part of their book review bloggers program. I was not required to write a positive review. The opinions I have expressed are my own. I am disclosing this in accordance with the Federal Trade Commission's 16 CFR, Part 255 : "Guides Concerning the Use of Endorsements and Testimonials in Advertising."