As a busy small business owner, managing your finances is a top priority and critical for success. The challenge is, it can often be difficult and time-consuming. That’s why, we have put together a list of some of the best small business finance books.
There are many books out there that are directed toward helping small business owners manage their finances, and finding quality books can sometimes be difficult. Luckily for you, these 20 books will help you get inspired, manage debt, retire early, and more.
Reviews: 4.3 out of 5 stars(16)
The issue of funding is one of the biggest pain points for small- and medium-sized businesses and one that comes up on a daily basis. Whether you're unsure about how to go about getting a loan, unfamiliar with the different options available to you or confused as to which would be the right solution for your particular business, Business Funding For Dummies provides plain-English, down-to-earth guidance on everything you need to successfully fund your business venture.
Price : $15.95Best Sellers Rank #249,582 in Books
(See Top 100 in Books)#57 in Green Business (Books)
#256 in Banks & Banking (Books)
#482 in Corporate Finance (Books)
Customer Reviews 4.3 out of 5 stars
If anyone wants to get an SBA loan, or any other kind of financing, must read this book. It should be a part of every small business owner's library. It will help to navigate nearly any funding application with practical advice on how to confront every obstacle which face to getting financed from lack of collateral to low credit scores.
Price : $15.79
Customer Reviews 4.8 out of 5 stars (21)
Applying for a business loan can be difficult, time intensive, and expensive, but it doesn’t have to be. This book was written to provide a straightforward road map to help you obtain approval.
In Part One, traditional business loans are compared to business loans backed by the Small Business Administration (SBA) based on 21 factors. In these first two chapters, you will learn why every entrepreneur should consider an SBA loan.
In Part Two, an overview of the SBA’s flagship programs is discussed, including how to meet the SBA’s eligibility requirements, a low bar if you follow the guidelines in this book.
In Part Three, you will learn how to evaluate yourself, your partners, and your business(es) from a lender’s perspective. With this knowledge, you will be able to highlight particular strengths that lenders want to see and mitigate weaknesses that could cause processing delays and even loan declination.
In Part Four, you will learn how to prepare a summary business plan specifically written to obtain financing. A business plan is necessary for financing to take advantage of growth opportunities, acquisition of third-party businesses, and new businesses. In Part Four, you will learn which parts of the business plan to devote more time to and which other sections only need limited information or may be skipped altogether.
In Part Five, you will learn how to prepare your business loan application correctly. Incomplete/incorrect applications cause major delays in the loan approval process. Practically speaking, complete applications always take priority over the incomplete ones. Incomplete applications are often just set aside regardless of when they were initially submitted. In fact, many lenders will simply decline them due to the time that it takes to educate borrowers on how to properly prepare a complete application.
After finishing this book, you will have the ability to highlight the strengths (and mitigate the weaknesses) of your business from a lender’s perspective, provide a simple business plan identifying how your business will be profitable for the long term, and accurately prepare a business loan application package that can be immediately submitted through underwriting without delay.
As of fiscal year ending September 30, 2014, the US Small Business Administration enabled small businesses to obtain more than $23 billion in business funding. For fiscal year 2015, the SBA has budgeted to support more than $32 billion in business funding.
This is your year to obtain financing to transition your business to the next level.
Reviews: 4.5 out of 5 stars(21)
There are so many funding agencies willing to give grant to fund business for FREE. People are not just aware. Others are simply lazy to apply consistently. It does not matter the country you live, there must be grant givers, government agencies, donor agencies, charity/philanthropic individuals, Non-Governmental Organizations, and international development agencies interested in funding small and medium scale enterprises. There must be institutions interested in empowering youths aspiring towards vocational and entrepreneurship initiatives. Don’t be afraid to apply for the grant opportunities. Get someone to help package the proposal or vet application. This book is an eye opener to the reader who may not know that these realities exist. The specific funding agencies listed here may not apply to specific nation or location but take a cue and do research.
Reviews: 3.5 out of 5 stars (20)
This is the second book I have read by Tokan, and I like the author's style of getting the message across. He presents the material in a fashion that is easy to understand for individuals that are just starting out in business. But the information does not just target beginners.
I think that one of the biggest takeaways was the concept of how to appeal to a bank manager. There are numerous mistakes that many businesses make when asking for funding from a bank. The book provides tips on what you can do to provide confidence that you will be successful.
How to Get a Business Loan will dramatically enhance your chances of putting together a deal you can live with and profit by. It has vast variety of information.
Reviews: 4.1 out of 5 stars(32)
Customer Reviews: 4.1 out of 5 stars(32)
After reading this book got that it has a multitude of information. Websites are compiled at fingertips, information is provided about YouTube marketing and crowd funding. It keeps anyone from having to do as much research.
Reviews: 4.3 out of 5 stars(66)
This book has one chapter on food trucks that is almost verbatim copy and pasted from Wikipedia "food trucks" including the cover art. The rest of the book is just generalized on starting a small business, and again a lot of course.
Price : $8.99
Ranking: Best Sellers Rank #1,942,424 in Books (See Top 100 in Books)
#287 in Crowdfunding (Books)
The director of the Small Business Finance Institute in Atlanta, GA, is a former banker and true braintruster when it comes to small business finance and investing generally. He is a worthy expert source of information. This book has every minute information about the business.
Reviews: 4.2 out of 5 stars(19)
If you want to get an SBA loan, or any other kind of financing. It should be a part of every small business owner's library. It will help you navigate nearly any funding application with practical advice on how to confront every obstacle you face to getting financed from lack of collateral to low credit scores.
The workbook will guide you through the process you need to follow. It tells you the questions that you need to consider, the numbers you need (and how to get them), and supporting documents you need to gather. The main purpose of a business plan is to aid YOU in running YOUR business. So the workbook has been designed for you to write the information in and refer back to as needed. If you need to supply your Business Plan to another party, such as a bank if you’re looking for finance, then it’s simple to type up the various sections for a professional document.
A brief segment on receiving a Pay Check Protection Loan from the SBA, and how to ask for forgiveness. Most small black owned businesses have faced economic uncertainity and has reached out for support.
Reviews: 3.0 out of 5 stars
If you have or are starting a small business, you need this book. Definitely a must read. An eye opener on obtaining funds.
Reviews: 3.3 out of 5 stars(26)
Price: $4.49 dollar
I heard about this book while researching intra-family mortgages. I had questions about how to "close the deal" and that information was not available anywhere online that I could find. One of the websites talking the praises of intra-family mortgages recommended this book. I ordered it, and it had the exact information that I needed to perfect the loan.
Reviews: 5.0 out of 5 stars(3)
This business book is different. Unlike every other book you’ll read with titles like “How To Craft the Perfect Business Plan in 89 Incredibly Simple Steps”, this book is different. It’s a simple “How To” guide for creating a Business Plan that’s right for you and your business and also an easy to follow workbook. This book offers a complete or easy process through which anyone gets be of assistance.
Review: 3.5 out of 5 stars (15)
Most books have the font so small and it’s hard to read, but this book is easy to read. This book has a lot of useful information in it as someone who had little to no knowledge on payday loans. This book was really good with the basics such as learning to calculate interest and fees on loans, business requirements such as license business registration, insurance and etc. Great book for someone who need basic information on how to start a payday loan business.
It provides great in sequence about how you obtain start your business.
Review: 5.0 out of 5 stars(1)
It provides information on small business loans, including how to fill out applications and deal with business lenders
Reviewed in the United States on July 23, 2020
I recently purchased this book and find it is easy to follow. It has a multitude of information. Websites are compiled at your fingertips, information is provided about YouTube marketing and crowd funding.
Cox Business News staff Writer
Journalists from around the world writing to give you answers, with Assitant Editor Dr Muhammad Hassan Fayyaz for articles in June and July 2021
The Editor In Chief of Cox Business News