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Are You a Small Business Owner Looking to Grow? Check Out These 5 Books

Are you a small business looking to increase your profitability? You don't need to reinvent the wheel -- thriving businesses who came before you have plenty of knowledge to share. You can learn about these best practices by picking up some of the top books regarding business growth and profitability. Here are five of the top books for small business owners who want to get their finances in order and increase profitability.

1. "Best Research: Built to Last"

Authors: Jim Collins and Jerry Porras

This book is based on real data, which strengthens its arguments. The authors cover the findings of a Stanford University Graduate School of Business study that evaluates 18 successful businesses. What helped these entities grow from small businesses to hugely successful companies? The authors give hundreds of specific examples of how the companies increased profits.

Available on Amazon.

2. "Simple Numbers, Straight Talk, Big Profits!"

Author: Greg Crabtree

Sometimes growing your small business means knowing what to avoid. In this book about business finance, the author explains many common financial mistakes made by small companies and how you can dodge them. Crabtree also discusses how to make good decisions regarding what he calls the four keys to unlocking business potential: owner's salary, profit, labor productivity and cash flow.

Available on Amazon.

3. "Profit First: Transform Your Business From a Cash-Eating Monster to a Money-Making Machine"

Author: Mike Michalowicz

In this book about business and accounting, the author shifts the focus from the traditional method of Sales - Expenses = Profit to Sales - Profit = Expenses. Small business owners will learn how focusing on profits first, then using that data to determine expenses, can transform the way they grow as an organization. The book gives detailed information about how to transform your strategy so that you cut spending and multiple returns.

Available on Amazon.

4. "You Are a Badass at Making Money: Master the Mindset of Wealth"

Author: Jen Sincero

Sincero already wrote one book about how to stop doubting your greatness and living like a badass, and now she has written a follow up that focuses on money. If you're seeking a book that is personable and easy to read, this is a good option. The author focuses on mental shifts that you can make to start rethinking your finances and making better choices.

Available on Amazon.

5. "The One Device: The Secret History of the iPhone"

Author: Brian Merchant

This book details the history of the iPhone, from its invention to becoming a global phenomenon. You can glean tips to strengthen your own growth strategy as you get a behind-the-scenes look at the product development strategy for the iPhone. The book has been a national bestseller and offers actionable advice for business owners who are trying to disrupt their market with a new idea or innovative product.

Available on Amazon.

Developing a growth strategy takes a village. Instead of going it alone, couple your own research and instincts with the insights of insiders who have seen their own success. By applying the strategies of other financial gurus, you may be able to exponentially improve your own profits and growth.

Category: Productivity

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