If you are one of the 6.5 million people starting a new business this year, and you are not familiar with the importance of financial statements-this book if for you. This book is different because it is directed specifically at aspiring entrepreneurs and new business owners-the folks who may be struggling to understand the value and use of financial statements in their business. To many budding entrepreneurs, the use of financial statements is a mystery-in spite of all forms of dissertations presented by accountants, MBAs, and academicians. Foster is a successful entrepreneur and CEO who...

Financing a new small business is usually the most difficult part of starting a business. Trying to find money to start a business often feels more like searching for the "Holy Grail." Although there is no simple solution, Small Business Bootstrapping provides a basic guide through the maze of financing options available-from "normal" business financing sources to alternative and creative sources. Foster's book pays particular attention to the financing model of "Bootstrapping," which is available to all aspiring and new entrepreneurs-if you have what it takes. With this book you will be able...

How many times have you heard or read that you must write a Business Plan for your new business? This is a myth, because a formal Business Plan-as discussed in all forms of the media-is rarely required of any small business. There is a vast difference between business planning and writing a Business Plan, and Foster's book not only explains that difference, but shows the reader why ongoing planning is necessary, and how to best approach the entire planning process. With this book you will be able to: Understand the vital importance of business planning. Learn why you should NOT write a...