- ASIN: B09BMXFPQF
- Language: English
- Print length: 158 pages
- Genre: Business Accounting
The BookViral Review:
With so many self-help books in print, it has become increasingly difficult to sort the good from the bad. CDL Minded Accounting: The Clutter Proof System to Controlling your Finances in your Transportation and Trucking Business, however, refreshingly falls into the former category with CDL entrepreneur Joe Ryder once again sharing his extensive knowledge.
Accounting and bookkeeping is traditionally seen as the ‘less fun’ aspect of starting a business. However, the core of any business lies in bookkeeping and understanding accounts. When people talk about setting up their own business, they often fear the prospect of recording financial transactions but Ryder takes away the fear and shows his readers that managing accounts needn’t be taxing.
Basic bookkeeping and accounting can be simple once you get your head around it. However, there are classic mistakes both start-ups and seasoned businesses are susceptible to if they are not vigilant and organised with their accounts. Simple things like ensuring bank statements are filed in order and your sales invoices are numbered correctly go a long way when needing to refer to them and Ryder clearly articulates the importance of understanding this and how to perform basic bookkeeping tasks to keep down costs.
Taxation is, of course, a broad subject with complex underlying legislation requiring an informed approach for this specialist subject to be understood. Ryder has clearly set out to reduce the burden for CDL Entrepreneurs with a sensible and easily understood methodology underpinned by clear examples of what is required and useful templates to help implement Ryder’s ‘Clutterproof System’.
The simple fact is that without profit there is no business and here Ryder helps his readers clearly differentiate between money coming in as revenue, and money going out as costs. Arranged by topics that include Accounting and Book Keeping Basics, Setting Up Your Finances and Keeping Your Business Running and Preparing For The Future, Ryder’s comprehensive guidebook will not only give readers a greater understanding of how profit is generated, it will make it easier for them to scale up their operations.
As with Ryder’s CDL Minded Business Startup Strategy Collection, CDL Minded Accounting is a must-read go-to guidebook for anyone looking to build a profitable career in the CDL trucking industry. Maintaining its brevity and clarity throughout, it is an unreservedly recommended 5-star read.