Rating:  Summary: A business-must read Review: Rich Dad's-"Own your Own Corporation" is a must read for anyone comtemplating a new business-or someone who already owns their own business. Garrett's direct yet simplistic explanations of the different business entities,the proper and best suited entity for your business-is followed by real-life scenarios which helps drive home the importance of corporate ownership in today's business world. Use Garrett's legal expertise to establish a successful, legally responsible and fiscally protected business...And understand the why's and how's of that ownership.
Rating:  Summary: I learned a lot from this book Review: The author knows his staff. His language is simple, and he really helped to understand the difference between different corporations because I opened an S corporation, without even knowing that I had so many other choices. Plus I learned that If I will get incorporated in Nevada, I can save a lot of money on taxes. Simple, useful book. I praise and thank the person who wrote it. You will not waste your money. you will definitely learning something, and in some cases, a lot
Rating:  Summary: Good book. Review: The single greatest point of this book is the explanation of the difference between the employee and the employer. As an employee, you'll go to work, contribute to your 401K and hope your investments in that 401k work out and you have a comfortable retirement. However, Uncle Sam will take their bite out of any income that doesn't go into that 401k. And who's to say they won't come after your 401k in the future? Do you see a pattern here? The system, while being the greatest in the world, is still set up to limit your upward mobility. Keeping you on the low savings, highly taxed, debt treadmill is in the best interests of the corporations and the government. How do you get off? Become the corporation. This book teaches you the tax advantages of forming your own corporation and all the necessary legal procedures you'll need to get started. It's not that hard! What you do need, is a decent business plan and good idea you can make a profit on. This book fits in well with the other Rich Dad books. Before reading this book, I would recommend the Cash Flow Quadrant and Guide to Investing so you can develop a big picture view of your roll in the socio-economic system and what you are going to do to elevate your status. These books have inspired me to form my own PT business, incorporated of course!
Rating:  Summary: Good book by sutton, here are some more. Review: This book by Sutton is right in tune with the Rich Dad Series and stands head and shoulders above other books on the bookracks right now. If you liked this one then you should also read Loopholes, another book in the Richdad Advisor series, Form A Corporation and Launch a Business in Any State by J.W. Dicks and How to Form a S-Corporation by Robert Cooke.
Rating:  Summary: Gear towards Medium-High corporate knowledge Audience. Review: This book is a good source of information for those already incorporated and even the ones think about it. The author lays his experience in an easy to understand format. When I first picked up the book I read 1/3 of it in one night, absorbing mainly the information about how to protect my business and sometimes more importantly, my personal assets from unscrupulous lawsuits and "legal" mistakes. The 2/3 of the book or so, talk about taking your company to the public (the stock market), and in my opinion the author knows or specializes in this type of practice since he spent many pages talking about the intrinsically complicated ways of making this transition. The last portion was merely reproduction of information already available from many state government web sites about the requirements, and even though it is nice to have this information handy in one book, I particularly did not appreciate the author including all these many pages of public information in this book. Overall, the book is a must read for anyone serious about long term business. I give it a 4/5 in my scale.-
Rating:  Summary: If you want details for starting your own business... Review: This book is useful for the detail in starting your own business. The Australian version is customised for the unique requirements for setting up and running a business. It covers Employment issues, corporate formalities, trademarks, consumer laws,Trusts, and how to register an Australian company.
The most useful part I found was the number of case stories, which helped illustrate the points.
It's a complete guide and simple to understand.
www.giftsinbaskets.co.nz
Rating:  Summary: Ignore the bashers. Review: This book is worth every penny and provides the necessary information for owning your own corporatoin either to make money or avoid excessive taxation.
Rating:  Summary: Good book Review: This is a good book. It explores all the essentials of getting your business started and getting off the ground. A good companion book is Stop Working by Rohan Hall. Stop Working takes you to the next level by teaching you how to structure an Agile business to become wealthy and create unlimited cash flow.
Rating:  Summary: Great place to start... Review: This is really a very good book to start on if you don't know anything about the field and want to learn more. I think it may even be useful for people who have just started out with a business of some sort. There is a recurring theme of "Make sure to ask your advisor about this" and really the book could be condensed in to one phrase: "GO FIND YOURSELF A REALLY GOOD LAWYER/ACCOUNTANT/FINANCIAL ADVISOR" But the reason why I give it 4 stars is because if you don't know much about the field (like me), then it really gives you an idea of what issues your advisor should be talking to you about. If she's not, then you know you should either talk to her about it or find someone better really soon. A good read, it has examples that help explain the otherwise dry material in a very digestable manner.
Rating:  Summary: Worth A Million Dollars! Review: To Blayne Rush who just reviewed this book-Are you sure you read the same book I did? I felt this book provided very valuable information and excellent case studies with real situations. I may not have a MHP or MBA but I know for a fact that the chapter on showing you how to raise millions of dollars through private placements alone is worth it. I had no idea how easy it is to raise money for any venture. I've always wanted to start a new business but my credit wasn't strong enough. Now I'm raising enough capital to turn my life long dream of being an entrepreneur into reality with my very own company. Hats off to the author Mr. Sutton for making it so simple that even my wife is now thinking about raising money to buy a restaurant. 2002 will be the Storeys year-Thank You Sir!
|