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How to Understand Business Finance
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 part of the bestselling Creating Success series published in association with the Sunday Times, which has been translated into 25 languages with over 500, 000 copies sold. This book is written for those managing a business in a real market. It provides a quick and effective course in financial literacy, aimed at the pursuit of business growth, in the context of the journey of a business from initial set-up through its first year of trading.
As well as learning how to understand balance sheets and profit and loss accounts, readers will also learn the principles 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.
How to Understand Business Finance helps you to understand double entry bookkeeping, supply chain management, the difference in American and British accounting terminology, financial ratios for measuring business performance, common acronyms, and the real cash flow implications of working capital.
How to Understand Business Finance is part of the bestselling Creating Success series published in association with the Sunday Times, which has been translated into 25 languages with over 500, 000 copies sold. This book is written for those managing a business in a real market. It provides a quick and effective course in financial literacy, aimed at the pursuit of business growth, in the context of the journey of a business from initial set-up through its first year of trading.
As well as learning how to understand balance sheets and profit and loss accounts, readers will also learn the principles 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.
How to Understand Business Finance helps you to understand double entry bookkeeping, supply chain management, the difference in American and British accounting terminology, financial ratios for measuring business performance, common acronyms, and the real cash flow implications of working capital.
176 pages, Paperback
First published May 1, 2006
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71 people want to read
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Displaying 1 - 6 of 6 reviews
December 28, 2024
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!
October 21, 2023
Kasulik raamat kõigile ettevõtjatele.
April 17, 2020
Απλός, ευκολονόητος για τους μη μυημένους και περιεκτικός οδηγός κυρίως λογιστικής. Χωρίς πολλά λόγια ο συγγραφέας δίνει το πλαίσιο δράσης για επίδοξους επιχειρηματίες.
September 19, 2015
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.
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.
February 18, 2016
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.
August 18, 2016
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.
Displaying 1 - 6 of 6 reviews