Best Books for Small Business Owners: Essential Reads for 2023

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By Jacob Maslow

Starting a small business takes passion, dedication, and knowledge. For entrepreneurs diving into business ownership, it’s crucial to arm themselves with tools and resources to navigate the challenges they will undoubtedly face. One excellent source of guidance and inspiration comes from books from experienced business professionals.

Books for small business owners cover many topics, from building a strong foundation and developing effective marketing strategies to fostering employee growth. Reading about the experiences and insights of successful entrepreneurs not only equips aspiring small business owners with valuable guidance but can also provide much-needed inspiration and motivation in their journey.

When selecting the ideal book for your small business needs, consider factors such as relevance to your industry, the author’s background and expertise, and the overall tone of the content. Since every entrepreneur’s path is unique, finding books that resonate with their specific goals and aspirations is essential. Additionally, watch for books with practical advice and actionable steps to help apply the lessons learned more effectively.

As you explore the world of small business literature, let this curated list of impactful and insightful books guide you toward greater knowledge, success, and fulfillment in your entrepreneurial journey.

Best Books for Small Business Owners

Aspiring and established small business owners can benefit from our curated list of the best books. Covering topics such as management, finance, and marketing, these selections offer valuable insights and guidance for success.

LLC Beginner’s Guide, Updated Edition

LLC Beginner's Guide

The LLC Beginner’s Guide, Updated Edition, is an excellent resource for small business owners looking to learn more about forming, managing, and maintaining a limited liability company.


  • Comprehensive and easy-to-follow handbook
  • Updated edition with the latest information
  • Suitable for both aspiring and current LLC owners


  • Print length of 145 pages may be short for some readers
  • Independently published, not affiliated with a well-known publisher
  • Focuses only on LLC formation, not other business structures

The LLC Beginner’s Guide, Updated Edition by Steven Carlson, provides valuable information and guidance for anyone considering forming a limited liability company. It breaks down the complexities of the process and explains the responsibilities and benefits of creating an LLC. This updated edition ensures readers can access the latest regulations and best practices.

In addition to helping potential LLC owners understand the formation process, the book is useful for those already operating their businesses. It provides practical advice on managing and maintaining a limited liability company, ensuring compliance with applicable laws and regulations. Moreover, it helps small business owners navigate the common challenges and pitfalls of running an LLC.

While the LLC Beginner’s Guide, Updated Edition, is a highly informative resource, it does have some limitations. The 145-page length of the book may not be sufficient for an in-depth exploration of every topic, and its focus on LLC formation excludes other business structures such as partnerships, sole proprietorships, and corporations. Nevertheless, small business owners seeking a straightforward and easy-to-understand guide on forming, managing, and maintaining their limited liability company will find this book a valuable asset.

Starting a Business QuickStart Guide

Starting a Business QuickStart Guide

An essential book for beginners looking to launch a successful small business and transform their entrepreneurial vision into reality.


  • Easy to understand concepts
  • Offers very detailed guidance
  • Includes useful digital downloads


  • Some readers may find it lacking new information
  • A few reviews state it is not as helpful as other startup books
  • Language may be too basic for experienced business owners

Starting a Business QuickStart Guide, written by Ken Colwell PhD MBA, simplifies launching a successful small business. Rated 4.5 stars with over 3,000 ratings, this book breaks down various aspects of business in an easy-to-understand manner, making it a go-to option for aspiring entrepreneurs.

Readers appreciate the detailed guidance provided throughout the audiobook. Colwell uses a digestible vocabulary for beginners but still offers valuable insights for those with some business knowledge. The included digital downloads with the book will likely be useful for those looking to kickstart their business.

Despite its many favorable aspects, some readers may find that the Starting a Business QuickStart Guide offers little new information compared to other startup books. Additionally, the language might be too basic for experienced business owners looking to expand their understanding further.

Accounting for Small Business Owners

Accounting for Small Business Owners

A comprehensive guide for small business owners looking to grasp accounting fundamentals.


  • Easy-to-understand explanations
  • Suitable for non-accountants
  • Covers essential accounting concepts


  • Not for advanced users
  • American examples
  • May lack in-depth details

Accounting for Small Business Owners is a valuable resource for individuals seeking to understand the accounting world better. With easy-to-follow explanations, this book breaks down complex concepts into digestible information, even for those without prior accounting knowledge.

However, this book may not provide enough in-depth information for more advanced users, and its examples are predominantly based on American practices. Still, it offers invaluable guidance for business owners looking to manage their finances more effectively.

A strong foundation in accounting is essential for small business success, and this book equips its readers with the necessary tools to grasp their company’s financial health better. While not a comprehensive guide, Accounting for Small Business Owners is a solid starting point for anyone seeking to improve their understanding of accounting principles.

The Small Business Owner’s Bible

The Small Business Owner's Bible

This comprehensive guide is essential for small business owners seeking to start, run, and grow their businesses effectively.


  • Comprehensive coverage of LLC and S-Corp formation and management
  • Includes in-depth information on Quickbooks
  • Highly rated with positive reader feedback


  • Limited to 191 pages, it may not cover all aspects in great detail
  • Self-published may lack some of the polish of traditionally published books
  • Assumes a basic understanding of business principles

The Small Business Owner’s Bible offers valuable insights and practical advice on creating and managing LLCs and S-Corps fundamentals. Readers have found the guide extremely useful in clearly understanding such business structures, their advantages and disadvantages, and the necessary steps for formation.

In addition to explaining the basics of LLCs and S-Corps, the book includes an extensive section on Quickbooks, an essential tool for small business owners. This feature enables readers to learn how to efficiently manage their finances and maintain accurate records, thus contributing to their businesses’ overall success and growth.

With numerous positive reviews, The Small Business Owner’s Bible has been praised for being highly informative and useful for those venturing into entrepreneurship. However, with 191 pages, it might not delve into every topic in great detail, and the book’s self-published nature may lack polish compared to traditionally published works. Nevertheless, this comprehensive guide is packed with essential information and tips, making it a must-have for aspiring small business owners.

How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off

How to Grow Your Small Business

A must-read for aspiring entrepreneurs, offering practical guidance to navigate the complexities of growing a small business.


  • Provides concrete action plans for various stages of growth
  • Written by an accomplished business expert with real-world experience
  • Engaging and easy-to-understand language


  • May not cover niche or industry-specific challenges
  • Assumes a foundational understanding of business concepts
  • Hardcover format might not appeal to all readers

In “How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off,” author Donald Miller presents many valuable insights from his successful entrepreneurial journey. This book stands out for its practical, actionable guidance that applies to businesses in various stages of growth.

Miller manages to break down complex business strategies into digestible chunks of information, allowing readers to absorb and apply the knowledge quickly. Moreover, he offers a structure that novice and experienced business owners can follow to scale their ventures efficiently.

However, some readers might find that the book does not fully address niche or industry-specific challenges they may face while growing their businesses. Additionally, the book assumes a basic understanding of business concepts, which could disadvantage those entirely new to the field. Lastly, while the hardcover format adds a touch of quality to the book, it may not be the most convenient option for all readers.

In conclusion, “How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off” is an excellent resource for entrepreneurs looking to expand their ventures. Its practical approach and actionable advice make it a worthwhile read for aspiring business owners.

475 Tax Deductions for Businesses and Self-Employed Individuals 13th Ed

475 Tax Deductions for Businesses and Self-Employed Individuals 13th Ed

A valuable resource for small business owners seeking to maximize their tax deductions and understand relevant tax laws.


  • Comprehensive coverage of tax deductions
  • Easy-to-understand language
  • Excellent for both new and established businesses


  • Outdated information in some sections
  • Geared towards the US tax system
  • Not suitable for international readers

In 475 Tax Deductions for Businesses and Self-Employed Individuals 13th Ed, readers will find extensive information on various tax deductions relevant to small business owners and self-employed individuals. The book breaks down complex tax laws into simple, easy-to-understand language, making it accessible to anyone, regardless of their experience with taxes.

This book goes beyond simply listing tax deductions; it also provides examples and explanations on how to apply these deductions in real-life scenarios. This ensures that readers can maximize their savings and avoid costly mistakes. For those new to running their own business or who have been in operation for years, this book can be an essential guide to navigating the complex world of taxes.

However, it is important to note that some sections of the book may contain outdated information as tax laws change regularly. Additionally, the book is primarily geared toward the US tax system and may not be as helpful to readers from other countries. Nevertheless, for those operating within the United States, 475 Tax Deductions for Businesses and Self-Employed Individuals 13th Ed can provide valuable insights into maximizing tax savings and understanding the ins and outs of tax deductions.

Your Next Five Moves: Master the Art of Business Strategy

Your Next Five Moves

A valuable book for small business owners looking to develop their strategic thinking and decision-making skills.


  • Powerful strategies for business growth
  • Engaging, well-written content
  • Inspiring stories from the author’s personal experiences


  • Some readers may find the first chapter emotional
  • May not cater to all levels of experience
  • Contains less technical information than some business books

Your Next Five Moves is an exceptional book for business owners looking to understand and improve their strategic decision-making skills. Written by Patrick Bet-David, a successful entrepreneur and host of the popular YouTube channel Valuetainment, the book presents a compelling approach to mastering the art of business strategy.

Throughout the book, Bet-David shares his struggles with readers, giving them insights into how he grew his business and learned from his mistakes. Many poignant stories are revealed, providing a fascinating glimpse into the mind of a successful entrepreneur. This makes the book informative, engaging, and motivating for those striving to improve their businesses.

While the book is highly praised for its practical advice and actionable tactics, some readers might find the first chapter emotional. Nonetheless, the emotional tone contributes to the book’s overall impact and shouldn’t discourage potential readers. The content is well-suited to small business owners seeking strategic guidance. However, those with extensive business experience or seeking more technical information might find the book less useful.

In conclusion, Your Next Five Moves: Master the Art of Business Strategy is an insightful and captivating book for small business owners looking to enhance their strategic thinking abilities. Though some aspects may not cater to everyone, many readers will find value in Bet-David’s powerful approach and engaging stories.

Whatever It Takes: Master the Habits to Transform Your Business, Relationships, and Life

Whatever It Takes

A great choice for those seeking a self-improvement book with a tough-love approach to building business and personal habits.


  • Real-life scenarios and advice
  • Unapologetic, direct style
  • Useful for various stages of self-improvement


  • Contains strong language
  • Can be long-winded at times
  • May not suit all readers

In Whatever It Takes, the author, Brandon Bornacin, shares a no-nonsense guide for developing habits that can transform one’s business, relationships, and life. Marked by real-life experiences and practical advice, this book offers an unapologetic and direct style that some readers may find refreshing, while others might consider it harsh.

The concepts presented in the book can be applied to various stages of self-improvement, from beginners to those looking to rekindle their motivation. Readers are exposed to a collection of winning habits grounded in the author’s journey from an average individual to a successful entrepreneur.

However, it’s important to note that the book contains strong language that may not be suitable for everyone. Some readers may also find the content slightly long-winded at times. Despite these minor drawbacks, Whatever It Takes remains a valuable resource for those looking to enhance their mindset, sales, and marketing skills and achieve personal growth.

Buying Guide

Assess Your Needs

Before selecting a book for your small business, it’s essential to determine your specific needs. Analyze the areas in which you’d like to improve or acquire knowledge, such as management, marketing, or finance.

Seek Expert Recommendations

Look for lists or recommendations from reputable sources, such as industry professionals, websites, or forums. This will give you an idea of the most valuable and highly recommended books for small business owners.

Consider Book Format

Books are available in various formats, including print, e-books, and audiobooks. Choose the format that best suits your lifestyle and preferences. Some readers prefer physical books; others may find digital or audio versions more convenient.

Read Reviews

Go through book reviews on online platforms to gain insight into other readers’ experiences. Reviews can provide valuable information about the book’s content, writing style, and usefulness.

Key Factors Description
Content Quality Look for books with well-researched, comprehensive, and up-to-date information.
Relevance Choose books that align with your industry, business size, and goals.
Author’s Expertise Select books written by authors with proven experience and success in their respective fields.
Practicality Opt for books that provide actionable steps and strategies to implement in your business.

In summary, to choose the best book for your small business, assess your needs, seek expert recommendations, consider book format, and read reviews. Additionally, evaluate the content quality, relevance, author’s expertise, and practicality of the books you are considering.

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