Product Description

The finance basics that experts and top professionals understand.

Product Details

• Amazon Sales Rank: #232267 in Books
• Published on: 2010-04-29
• Original language: English
• Dimensions: .31 pounds
• Binding: Paperback
• 128 pages

Features

• New
• Mint Condition
• Dispatch same day for order received before 12 noon
• Guaranteed packaging
• No quibbles returns

From the Author
To date, I've spent almost two decades working in finance. I've spent a large proportion of this time teaching others - what I've learnt and what I continue to learn.

Early on, I found that learning finance was akin to learning a language. One of my own finance teachers told me - "It's not the numbers, it's the English you'll find hard!" and my own experience proves that this is certainly true.

One of the biggest barriers to understanding finance - is understanding financial terminology. Accountants will often use several names for the same thing! Where possible I've tried to give alternative explanations when introducing a financial term. The jargon buster should also help you get to grips with some key financial terminology.

In this book I've picked fifty secrets that will help you get grips with finance basics. I've divided the secrets into seven chapter headings which are seven crucial things every business person should do.

From the Inside Flap
1. Understand the financial consequences of running a business - Business owners, managers and employees need to have a basic level of financial awareness to help a business succeed.

2. Get to grips with accounting fundamentals - Make sure you know basic financial terminology and concepts. Be familiar with the main financial statements produced by a business.

3. Know what makes a profit - Profit is the raison d'être for most businesses. Knowing how to make and increase profit is one of the key ingredients for business success.

4. Manage the cash - "Profit is sanity but cash is reality". Without cash a business cannot survive for long. Effective cash management will help a business to endure.

5. Prepare and use a budget - Many business's invest considerable time in budgeting but few do it successfully. Some simple and practical tips can improve the process.

6. Evaluate opportunities financially - Business's should use established techniques to help decide whether or not to commit time, resource and money on investment opportunities.

7. Measure business performance - A successful businesses can be judged by the size of its market value. Its performance can be measured by using financial ratios.

From the Back Cover

The experts tell all!

Get ahead with inside knowledge.