Author Shahriar Mohammad Saadullah, CPA, sheds some light on the confusing world of small business ownership and operation in his book, "The New Entrepreneur: What Your CPA Wants You to Know" (now available through AuthorHouse).

"Every year about 1 million small businesses open and about 80 percent of them shut down within less than three years," Saadullah says. "One of the primary reasons is that the business owners do not consider all aspects of owning and operating a business. Also, many of them go into the wrong kind of business or choose the wrong advisors. 'The New Entrepreneur' is designed to help the future business owner plan ahead and avoid the traps that 80 percent of new business owners fall into."