Starting with how to understand the balance sheet and profit and loss accounting, the book also market dynamics, budgeting and forecasting, fixed and variable costs, break-even analysis, the difference between profit and cash, financial ratios for measuring business performance, stock market ratios, shareholder value, financial measures for improving business performance, and more.
Great book, the author explain the basic Business finance in simple terms with good examples. I strongly to recommend this book to every small business owner and individuals who wants to know about Finance!
Απλός, ευκολονόητος για τους μη μυημένους και περιεκτικός οδηγός κυρίως λογιστικής. Χωρίς πολλά λόγια ο συγγραφέας δίνει το πλαίσιο δράσης για επίδοξους επιχειρηματίες.
Got this book at the bargain bin. This book is intended for readers with no background in finance. It gets a 4stars rating for the ease in which, it explains how a balance sheet is being created. This in turn, leads to the reader's appreciation and reading a balance sheet.
Throughout the book, the writers made efforts to engage the reader via their use of examples to impart basic financial knowledge and appropriate pacing of the examples used. For a beginner, it will likely take some effort to re-read the contents for a better understanding.
I would recommend this book to be read alongside Peter Lynch's One Up On Wall Street, to fully appreciate the relationship between the accounts of a business and its stock price.
It's a quick read guidance for a particular in more structured and simple ways, compares to more practical nowadays for an online info, more convenience. However, the book provides truly simplified information in a simplest ways. Rather good which differ a lots for finance personal. It's for non-financial person to drive the financial jargon. Later, this book become handy for a quick read.
A compact and impactful book with a brief insight of business, finance, and accounting. A simple read and quick reference to those subject to daily discussion on language basis with the respective personel. Am having fun with it and always been a quick guide. I love it, it's simple.