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Product Description
Book Description
The fastest growing segment of the business world in both Canada and the U.S. is small business. But as Angie Mohr says, "Most entrepreneurs still spend more time researching which car to purchase than they do in planning their businesses!"This is a newly revised and updated edition of Financial Management 101, which is part of the Numbers 101 for Small Business series. This book covers financial planning, from understanding financial statements to budgeting for advertising. Mohr's easy-to-understand approach to small business planning and management ensures that the money coming in is always greater than the money going out!"Even Microsoft and Ford started in someone's basement or garage," says Mohr. "But people all over the world have been given an idealized and unrealistic view of how to operate a business and most discount the importance of the basics."Financial Management 101 is an in-depth but easy-to-read guide to business planning. It's a kick-start course for new entrepreneurs and a wake-up call for struggling small business owners.
From the Inside Flap
Financial Management 101 is the second book in the Numbers 101 series. This book covers business planning, from understanding financial statements to budgeting for advertising. Angie Mohr’s easy-to-understand approach to small-business planning and management ensures that the money coming in is always greater than the money going out!
“Even Microsoft and Ford started in someone’s basement or garage,” says Angie Mohr. “But people all over the world have been given an idealized and unrealistic view of how to operate a business, and most discount the importance of the basics.”
Financial Management 101 is an in-depth but easy-to-read guide on business planning. It’s a kick-start course for new entrepreneurs and a wake-up call for struggling small-business owners. --This text refers to an alternate Paperback edition.
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First Sentence
Before we can examine how to interpret your financial information and make valid management decisions based on that information, you need to understand the three basic financial statements of the business and how they work. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Back Cover
Before we can examine how to interpret your financial information and make valid management decisions based on that information, you need to understand the three basic financial statements of the business and how they work. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Back Cover
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Most helpful customer reviews
3 of 3 people found the following review helpful
5.0 out of 5 stars
SMALL BUSINESS OWNERS ALERT,
By A Customer
This review is from: Financial Management 101: Get a Grip on Your Business Numbers (Paperback)
This is a fantastic book - so much cheaper than spending the money for an accountant to explain all to you. The book is easy to read and understand even for a dummy like me just setting up a business. Just like her other book ("Bookkeeper's Boot Camp"), the case studies keep the information from being too dry and helps explain in layman's terms what each chapter is teaching. More books in this series please !!!
2 of 2 people found the following review helpful
5.0 out of 5 stars
An absolute "must-read" for any business owner,
By Midwest Book Review (Oregon, WI USA) - See all my reviews
This review is from: Financial Management 101: Get a Grip on Your Business Numbers (Paperback)
Financial Management 101: Get A Grip On Your Business Numbers by business columnist Angie Mohr (who is also a Chartered Accountant and a Certified Management Accountant) is an thoroughly "reader friendly" guidebook designed specifically for small business owners and managers, and which methodically teaches the reader all of the basics about balance sheets, income statements, monthly budget reports, ratio analysis, dealing with inventory problems, dealing with debt, and more. Financial Management 101 is an absolute "must-read" for any business owner new to the complexities of finance and needing to competently analyze financial data, measure business success, and have an accurate and on-going comprehension of their fiscal bottom line.
2 of 2 people found the following review helpful
5.0 out of 5 stars
Great new series for small business owners,
By A Customer
This review is from: Financial Management 101: Get a Grip on Your Business Numbers (Paperback)
An excellent book from the new Numbers 101 series (see Bookkeepers' Boot Camp). The author shows you how to get the most profit from a small business as you possibly can by using simple financial management techniques -- something like what a person who has a degree in finance or business would know and use. But it's all spelled out in easy steps. It's sort of like hiring an MBA consultant for your small business, but for a lot less money!
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