PROFITS AREN'T EVERYTHING, THEY'RE THE ONLY THING Hits the New York Times Bestseller List

Oct 13, 2009, 15:46 ET from Planned Television Arts Ltd.

NEW YORK, Oct. 13 /PRNewswire/ -- George Cloutier's book of hard-hitting advice for small business owners, PROFITS AREN'T EVERYTHING, THEY'RE THE ONLY THING, has hit the major national bestseller lists, including the New York Times, Wall Street Journal and USA Today's bestseller lists. This follows upon its performance on Amazon.com, where it went straight to the top of the online retailer's business bestseller list and was the #1 book across all business categories upon its release in September.

(Photo: http://www.newscom.com/cgi-bin/prnh/20090915/NY76101-a )

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Cloutier is the founder and CEO of American Management Services Inc., a firm that specializes in turning around small and mid-sized businesses. Tagged as the "The Turnaround Ace" by Business Week, Cloutier says the response to the book indicates a real need on the part of small business owners for help and guidance. "America's small businesses employ almost 40% of the workforce and generate 70% of new jobs," he remarks. "They are the key players in the financial recovery, yet they're getting virtually no help from the government. The response to PROFITS AREN'T EVERYTHING shows that they've decided they must be self-reliant and take decisive action on their own to save their businesses and survive this recession. My book provides some practical tools to do that."

The buzz around PROFITS AREN'T EVERYTHING, THEY'RE THE ONLY THING has been building, and the book has stirred some controversy, including Reuters describing it as a "literary slap in the face to small- and medium-sized business owners." Still Cloutier is regarded as one of the country's leading advocates for small business with Reuters going on to acknowledge "Cloutier's impressive track record. [He] has made a successful career out of digging hapless businesses out of debt and mismanagement by demanding his clients fire dead weight, own up to their laziness and stop making excuses. And it works." Case studies of these successful turnarounds can be found in Cloutier's new Business Week column.

Other major reviewers have been receptive to Cloutier's hard-knock lessons for small business owners. Publishers Weekly calls the book "a forceful debut" and says "Cloutier's book is loaded with valuable advice on how to get back on track and stay in the black in any economic environment." Booklist noted that "many of his regulations will amaze, shock, and awe small business owners. . . Harsh ways to work? Yes, yet all his principles are founded on a success that's hard to argue with." Fortune Small Business says the book is "invaluable reading for anyone in business. . . . The author's larger message -- that success in business requires relentless focus on the bottom line -- is worth hearing in these hard times."

PROFITS AREN'T EVERYTHING, THEY'RE THE ONLY THING: No-Nonsense Rules from the Ultimate Contrarian and Small-Business Guru, by George Cloutier is available in all major bookstores and online retailers. It is published by HarperCollins. See www.turnaroundace.com for more details.

SOURCE Planned Television Arts Ltd.



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