How to Understand Business Finance. the Sunday Times Creating Success Series.

by Robert Cinnamon, Brian Helweg-Larsen

Explains accounting to the self-employed and small firms. - Observer. The book is based on a highly visual and participative training event that brings the subject to life... - Accountancy Age. The modern marketplace is increasingly unpredictable and there is an ever-greater need for non-financial managers to understand the financial and management accounting process. How to Understand Business Finance is not written by an accountant and actually relates to running a business in a real market. It provides a quick and effective course from the perspective of the pursuit of business growth, and describes a business proceeding, from initial set-up through its first year of trading. As well as learning how to understand the balance sheet and profit and loss account, readers will also grasp the principles of: market dynamics; budgeting and forecasting; fixed and variable costs; break-even analysis; the difference between profit and cash; financial ratios for measuring business performance; investment appraisal; stock market ratios; shareholder value; financial measures for improving business performance, and much more.

Genres: Finance, Business, Nonfiction

148 pages, ebook

First published May 1, 2006

Reviews

[Mario Lucero · Rating 5 out of 5]

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!

[Birgit Pihelgas · Rating 4 out of 5]

Kasulik raamat kõigile ettevõtjatele.

[John Spil · Rating 5 out of 5]

Απλός, ευκολονόητος για τους μη μυημένους και περιεκτικός οδηγός κυρίως λογιστικής. Χωρίς πολλά λόγια ο συγγραφέας δίνει το πλαίσιο δράσης για επίδοξους επιχειρηματίες.

[Eugene Tan · Rating 4 out of 5]

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.

[Effendy Yahaya · Rating 3 out of 5]

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.

[Effendy Yahaya · Rating 4 out of 5]

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.