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Accounting for the Numberphobic: A Survival Guide for Small Business - VERY GOOD
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eBay-Artikelnr.:254568861307
Artikelmerkmale
- Artikelzustand
- Brand
- Unbranded
- MPN
- Does not apply
- ISBN
- 0814434320
Über dieses Produkt
Product Identifiers
Publisher
Amacom
ISBN-10
0814434320
ISBN-13
9780814434321
eBay Product ID (ePID)
201603682
Product Key Features
Book Title
Accounting for the Numberphobic : a Survival Guide for Small Business Owners
Number of Pages
272 Pages
Language
English
Topic
Accounting / Financial, Accounting / General, Accounting / Managerial, Small Business
Publication Year
2014
Illustrator
Yes
Genre
Business & Economics
Format
Trade Paperback
Dimensions
Item Height
0.8 in
Item Weight
10.4 Oz
Item Length
9 in
Item Width
6 in
Additional Product Features
Intended Audience
Trade
LCCN
2014-003376
Reviews
"….highly recommend the book to any small business owner, and it's a great resource for any accountant who's trying to explain accounting and financial statements to a non-accountant." -- Strategic Finance, "....highly recommend the book to any small business owner, and it's a great resource for any accountant who's trying to explain accounting and financial statements to a non-accountant." -- Strategic Finance, "My copy is battered and torn, marked with post-its and scribbles....This should be a must read for every single business owner." -- Stephanie Burns/Chic CEO for Forbes
Dewey Edition
23
Number of Volumes
1 vol.
Dewey Decimal
657/.9042
Table Of Content
CONTENTS Acknowledgments xi Introduction: Why You Need This Book xv 1 Your Financial Dashboard: The Net Income Statement, Cash Flow Statement, and Balance Sheet 1 The Net Income Statement 4 The Cash Flow Statement 9 The Balance Sheet 13 Key Takeaways 16 2 The Net Income Statement: The Key to Growing Your Profits 19 Line Items on Your Net Income Statement 20 Management Benchmarks 38 Key Takeaways 39 3 Using Your Net Income Statement to Improve Profits: Driving with Your Eyes Open 43 Driving Profits for Product Businesses 44 Driving Profits for Service Businesses 59 Key Takeaways 69 4 The Breakeven Point: When Your Business Is Truly Self-Sustaining 71 Why the Breakeven Point Matters 72 How to Discover the Breakeven Point 74 It Takes Time to Reach the Breakeven Point 82 Marketing Expenses Can Help or Hinder 85 Staying At or Above Your Breakeven Point 88 Key Takeaways 89 5 Your Cash Flow Statement Is Speaking: Can You Hear It? 91 Why Cash Flow Is Important 92 Net Revenue and Cash Are Not the Same Thing 93 How the Cash Flow Statement Works 101 Budgeting Cash the Easy Way 105 Cash-Burning Traps to Avoid 109 Key Takeaways 112 6 Managing Your Cash Flow: More Is Better 115 Managing Your Cash Inflow 116 Managing Your Cash Outflow 132 Key Takeaways 135 7 What''s Your Company Worth? The Balance Sheet Holds the Secret 137 What the Balance Sheet Reveals 138 The Three Sections of the Balance Sheet 142 Key Takeaways 160 8 The Balance Sheet in Action: How to Win Friends and Influence Bankers 163 What the Balance Sheet Numbers Reveal 164 How to Improve Your Balance Sheet 167 How a Bank Evaluates a Business 169 Duration of a Loan and the Role of Collateral 172 Eight Myths About Dealing with Banks 174 Key Takeaways 181 9 Putting It All Together: Your Financial Dashboard in Real Time 183 Basic Business Transactions 185 Ratios and Percentages Help Find the Patterns 197 Key Takeaways 201 10 Numbers Make the Business: An Interview with Norm Brodsky 205 Inside the Mind of Norm Brodsky 206 Key Takeaways 223 Glossary 225 Index 233 About the Author 243
Edition Description
Special
Synopsis
As a small business owner, having knowledge of crucial numbers is the most important tool you can equip yourself with to survive today's competitive marketplace. If you're not a numbers person, Accounting for the Numberphobic is to the rescue! Why do so many business owners dread looking at the numbers? Financial statements, ledgers, profit and loss reports--many avoid these and treat them like junk mail and phone solicitors. Nevertheless, it's true--you're not a numbers person. How can you learn to make sense out of all this Greek? This easy-to-follow guide demystifies your company's financial dashboard: the Net Income Statement, Cash Flow Statement, and Balance Sheet. The book explains in plain English how each measurement reflects the overall health of your business--and impacts your decisions. In Accounting for the Numberphobic, you will discover: How your Net Income Statement is the key to growing your profits; How to identify the break-even point that means your business is self-sustaining; Real-world advice on measuring and increasing cash flow; What the Balance Sheet reveals about your company's worth; And much more! Don't leave your company's finances entirely in the hands of a third-party accounting service or an employee who is only loyal to the highest paycheck. Knowing the numbers yourself isn't just about seeing how your company is doing, it's about knowing where it is going--and guiding it toward the highest profits possible., "I don't have time to look at the numbers." "That's what the accountant is for." "I can see what the balance is--that's all I need to know." Why do so many business owners dread looking at the numbers? Financial statements, ledgers, profit and loss reports--many avoid these and treat them like junk mail and phone solicitors. But as a small business owner, having an intimate knowledge of all these crucial numbers yourself is the most important tool you can equip yourself with in order to survive the constantly changing and highly competitive marketplace of the twenty-first century. Nevertheless, it's true--you're not a numbers person. How can you learn to make sense out of all this Greek?Accounting for the Numberphobic to the rescue! This easy-to-follow guide demystifies your company's financial dashboard: the Net Income Statement, Cash Flow Statement, and Balance Sheet. The book explains in plain English how each measurement reflects the overall health of your business--and impacts your decisions. Even self-proclaimed numbers dummies will discover:* How your Net Income Statement is the key to growing your profits* How to identify the break-even point that means your business is self-sustaining* Real-world advice on measuring and increasing cash flow* What the Balance Sheet reveals about your company's worth* And moreDon't leave your company's finances entirely in the hands of a third-party accounting service or an employee who is only loyal to the highest paycheck. Even worse--don't ignore them altogether! Knowing the numbers yourself isn't just about seeing how your company is doing . . . it's about knowing where it is going--and guiding it toward the highest profits possible., "I don't have time to look at the numbers." "That's what the accountant is for." "I can see what the balance is--that's all I need to know." Why do so many business owners dread looking at the numbers? Financial statements, ledgers, profit and loss reports--many avoid these and treat them like junk mail and phone solicitors. But as a small business owner, having an intimate knowledge of all these crucial numbers yourself is the most important tool you can equip yourself with in order to survive the constantly changing and highly competitive marketplace of the twenty-first century. Nevertheless, it's true--you're not a numbers person. How can you learn to make sense out of all this Greek?Accounting for the Numberphobic to the rescue This easy-to-follow guide demystifies your company's financial dashboard: the Net Income Statement, Cash Flow Statement, and Balance Sheet. The book explains in plain English how each measurement reflects the overall health of your business--and impacts your decisions. Even self-proclaimed numbers dummies will discover: - How your Net Income Statement is the key to growing your profits- How to identify the break-even point that means your business is self-sustaining- Real-world advice on measuring and increasing cash flow- What the Balance Sheet reveals about your company's worth- And moreDon't leave your company's finances entirely in the hands of a third-party accounting service or an employee who is only loyal to the highest paycheck. Even worse--don't ignore them altogether Knowing the numbers yourself isn't just about seeing how your company is doing . . . it's about knowing where it is going--and guiding it toward the highest profits possible., As a small business owner, having knowledge of crucial numbers is the most important tool you can equip yourself with to survive today's competitive marketplace. If you're not a numbers person, Accounting for the Numberphobic is to the rescue! Why do so many business owners dread looking at the numbers? Financial statements, ledgers, profit and loss reports--many avoid these and treat them like junk mail and phone solicitors. Nevertheless, it's true--you're not a numbers person. How can you learn to make sense out of all this Greek? This easy-to-follow guide demystifies your company's financial dashboard: the Net Income Statement, Cash Flow Statement, and Balance Sheet. The book explains in plain English how each measurement reflects the overall health of your business--and impacts your decisions. In Accounting for the Numberphobic , you will discover: How your Net Income Statement is the key to growing your profits; How to identify the break-even point that means your business is self-sustaining; Real-world advice on measuring and increasing cash flow; What the Balance Sheet reveals about your company's worth; And much more! Don't leave your company's finances entirely in the hands of a third-party accounting service or an employee who is only loyal to the highest paycheck. Knowing the numbers yourself isn't just about seeing how your company is doing, it's about knowing where it is going--and guiding it toward the highest profits possible.
LC Classification Number
HD62.7.F67 2014
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