Book description
Why do so many business owners dread looking at the numbers? They make excuses…They don’t have time…That’s what the accountant is for....But the simple truth is that no one else will ever be as invested in their company as they are—and they need to take control.
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.
Table of contents
- Cover
- Title
- Copyright
- Contents
- Acknowledgments
- Introduction: Why You Need This Book
- 1 Your Financial Dashboard: The Net Income Statement, Cash Flow Statement, and Balance Sheet
- 2 The Net Income Statement: The Key to Growing Your Profits
- 3 Using Your Net Income Statement to Improve Profits: Driving with Your Eyes Open
- 4 The Breakeven Point: When Your Business Is Truly Self-Sustaining
- 5 Your Cash Flow Statement Is Speaking: Can You Hear It?
- 6 Managing Your Cash Flow: More Is Better
- 7 What’s Your Company Worth? The Balance Sheet Holds the Secret
- 8 The Balance Sheet in Action: How to Win Friends and Influence Bankers
- 9 Putting It All Together: Your Financial Dashboard in Real Time
- 10 Numbers Make the Business: An Interview with Norm Brodsky
- Glossary
- Index
- About the Author
- Best-Sellers from AMACOM
- Free Sample Chapter from The Essentials of Finance and Accounting for Nonfinancial Managers, Second Edition
Product information
- Title: Accounting for the Numberphobic
- Author(s):
- Release date: September 2014
- Publisher(s): AMACOM
- ISBN: 9780814434338
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