About This Book
The work gives practical, plainspoken instruction aimed at young tradesmen on how to establish and manage a shop. It covers preparations during apprenticeship, clear business correspondence, and effective trading style. Chapters address diligence, avoiding over-trading, causes and remedies for distress and bankruptcy, and common social pitfalls such as extravagant living and ill-timed marriage. It examines partnerships, dealings with creditors, customary frauds and honesty in commerce, and the dangers of rumor and poor management. Practical topics include shop presentation, bookkeeping, involving one's wife in the business, valuing and preserving credit, and the benefits of punctual payment. Throughout the advice is pragmatic, emphasizing thrift, probity, and careful judgment as means to sustain a profitable and reputable trade.
About the Author
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