ActuaLitté

guides for financial management of a small business

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Being a self-employed bookseller means that, in addition to knowing the latest releases from many publishers inside out, you have mastered the art of running a small business. In such a framework, you have to deal with the financial constraints and the accounting agenda that is imposed on any structure that offers a service and sells cultural goods.

In your training course, you were able to familiarize yourself with the simplest accounting rules. But, if your establishment grows, you will certainly need to strengthen your knowledge of managing a business that includes several employees, premises and large stocks.

In support of any society, there is always a bank. It is necessary, and sometimes valuable, because it can call on skills in terms of advice, but also to develop cash management strategies. As such, one can call on a comparison of the best pro banks to find the establishment that will best meet your needs. You will be able to choose a bank, if you start your activity, or change it, if you already have in hand the management of a structure.

When choosing a bank, several criteria must be taken into account. We must ensure the reliability of the bank, but also the products it offers. The quality of the platform is also important. Finally, the rates are to be studied closely, as these will be recurring costs. The more digitally strong your bank is, the more likely you are to save time in your day-to-day management activities.

The bookseller’s toolbox (292 pages, €26.50, 2020, Dunod)

Small book to get if you start, The bookseller’s toolbox, by Caroline Meneghetti and Jean-Christophe Millois will answer your first big questions, whether you are in a large bookstore or at the head of a small establishment. The authors, who are themselves trainers, take up here the basics necessary for the good management of a bookstore.

Introduction to business management (PUG, 128 pages, €14.80, 2012)

To deploy its own wings, this little book by Virginie Gallego, lecturer in management science, reviews everything you need to know in terms of accounting, human resources management, finance, marketing and management. This allows you to see a little more clearly when you start, with complex concepts that are available to everyone, including those who are not necessarily versed in the art of economics. Another book certainly, but a book that can help you evolve in a more thoughtful way in your sector of activity.

All business management (De Boeck Supérieur, 416 pages, €40.90)

To deepen the subject, you can call on the work of Paul-Jacques Lehmann, Arnaud Constant and François Pottier. This trio will introduce you to the management of a small structure using practical cases. Certain parts, such as the international one, will not really concern the small neighborhood bookstore, but, overall, you will see more clearly there on what should govern the choice of such and such an option when you are in front of the accounting documents of your business.

Illustration credits Pexels CC 0

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