Small Business Financial Management Kit For Dummies^?

by Tage C. Tracy; John A. Tracy (Univ. of Colorado)

• ISBN13: 9780470196458
• ISBN10: 0470196459
• Format: eBook
• Copyright: 2007-10-01
• Publisher: For Dummies

Summary

If you're a small business owner, managing the financial affairs of your business can seem like a daunting task-and it's one that far too many people muddle through rather than seek help. Now, there's a tool-packed guide designed to help you manage your finances and run your business successfully! Small Business Financial Management Kit For Dummies explains step by step how to handle all your financial affairs, from preparing financial statements and managing cash flow to streamlining the accounting process, requesting bank loans, increasing profits, and much more. The bonus CD-ROM features handy reproducible forms, checklists, and templates-from a monthly expense summary to a cash flow statement-and provides how-to guidance that removes the guesswork in using each tool. You'll discover how to: Plan a budget and forecast Streamline the accounting process Improve your profit and cash flow Make better decisions with a profit model Raise capital and request loans Invest company money wisely Keep your business solvent Choose your legal entity for income tax Avoid common management pitfalls Put a market value on your business Complete with ten rules for small business survival and a financial glossary, Small Business Financial Management Kit For Dummies is the fun and easy way? to get your finances in order, perk up your profits, and thrive long term!

Table of Contents

Introduction

Improving Your Profit, Cash Flow, and Solvency

Managing Your Small Business Finances

Understanding Your P&L and Profit Performance

Getting Up to Speed on Cash Flow from Profit

Keeping Your Business Solvent

Using Tools of the Trade

Protecting the Family Jewels

Scrutinizing Your Costs

Practical Budgeting Techniques for Your Business

Making Decisions with a Profit Model

Dealing with Small Business Financial Issues

Jumping Through Tax Hoops

Raising Capital for Your Business

Diagnosing Your Financial Condition

Looking at Service and Manufacturing Businesses

When You Sell Services

When You Make the Products You Sell

Reaching the End of the Line

Putting a Market Value on Your Business and Selling

Hanging Up the Spikes and Terminating Your Business

The Part of Tens

Ten Management Rules for Small Business Survival

Ten Hard-Core Financial Tools and Tactics

Appendix: About the CD

Index

Table of Contents provided by Publisher. All Rights Reserved.