Skip to Main Content
Funding a New Business For Dummies
book

Funding a New Business For Dummies

by Marc R. Butler, Eric Butow
April 2024
Beginner content levelBeginner
352 pages
7h 46m
English
For Dummies
Content preview from Funding a New Business For Dummies

Chapter 16

Financial Management 101

IN THIS CHAPTER

Bullet Understanding the basics of financial management

Bullet Establishing strong financial controls

Bullet Finding technology solutions that work for you

Even if your business hasn’t embarked on the road yet, you need to understand finances. After all, you can’t figure out what’s happening with your fancy vehicle without knowing the meaning of things like the fuel gauge and how your speed affects the amount of fuel in your tank.

Yeah, we know, it’s more complicated than that. And we know that many of your investors work in finance or have plenty of experience in it. Before your vein pops out of your forehead, no one expects you to be a financial expert.

However, and you saw this coming, you need to know the fundamentals if you’re going to succeed, and we’re here to help fill you in. Even if you think you know everything, we challenge you to at least skim through this chapter and see if you know everything we cover here.

Reading the Scorecard

Understanding your financial statements is like reading a scorecard from your favorite sport. If you haven’t looked at the score information about your team’s game in too much detail, the numbers may not make ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Entrepreneurship For Dummies, 2nd Edition

Entrepreneurship For Dummies, 2nd Edition

Kathleen Allen

Publisher Resources

ISBN: 9781394241712Purchase Link