Accounting for the Numberphobic: A Survival Guide for Small Business Owners
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About
As a small-business owner, financial statements are your most important tools - and if you don't know how to read them and understand their implications, you cannot possibly steer your business successfully. Accounting for the Numberphobic 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.
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 more
Illustrated with case studies and packed with practical action steps, this indispensable guide will put your business on the path to profitability in no time.
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 more
Illustrated with case studies and packed with practical action steps, this indispensable guide will put your business on the path to profitability in no time.