The Courage to Be Profitable
Get and Stay Profitable in Less than 30 Minutes a Month
1st Edition
Published on 31. December 2020
166 pages
978-1-61448-463-9 (ISBN)
Description
From a small business consultant and entrepreneur, a guide to understanding the financial aspects of making your company a success.
In The Courage to be Profitable, Profitability Master Ruth King shows small business owners the easy steps to really understand the financial part of their business.Written in English rather than accounting babble, profit and loss statements, balance sheets, proper pricing, and cash flow come alive and are easily understood.Anyone can follow this simple, three step process to avoid being another failure statistic. The Courage to be Profitableshows business owners how to get and stay profitable in less than thirty minutes a month.
"It would take years to learn all of this on you own. Invest in yourself, invest in your company, read and understand the contents of this book and become a better, more sound business owner." -Terry Tanker, Publisher, HVACR Business
"A must-read for small business owners.... King provides readers with straightforward, easy-to-follow steps.... Plus, she gives you the courage and tools to create and run a success, profitable organization." -Beth Goldstein, President, Marketing Edge Consulting Group, author of Lucky by Design
In The Courage to be Profitable, Profitability Master Ruth King shows small business owners the easy steps to really understand the financial part of their business.Written in English rather than accounting babble, profit and loss statements, balance sheets, proper pricing, and cash flow come alive and are easily understood.Anyone can follow this simple, three step process to avoid being another failure statistic. The Courage to be Profitableshows business owners how to get and stay profitable in less than thirty minutes a month.
"It would take years to learn all of this on you own. Invest in yourself, invest in your company, read and understand the contents of this book and become a better, more sound business owner." -Terry Tanker, Publisher, HVACR Business
"A must-read for small business owners.... King provides readers with straightforward, easy-to-follow steps.... Plus, she gives you the courage and tools to create and run a success, profitable organization." -Beth Goldstein, President, Marketing Edge Consulting Group, author of Lucky by Design
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04/2013
Morgan James Publishing llc
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Content
- Intro
- Title
- Copyright
- Contents
- Read This First: The Tale of Two Business Owners
- Introduction
- Stage One Understand the Financial Part of Your Business
- Chapter 1 Do You Have a Hobby or a Business?
- Chapter 2 What Is Your Net Profit-Really?
- Chapter 3 Cash-Basis Accounting Gives You a False Sense of Security
- Chapter 4 Profits Are Not Cash: You Can Be Profitable and Go Out of Business
- Chapter 5 What Is Cash?
- Chapter 6 What Is a Balance Sheet?
- Chapter 7 What Is a Profit and Loss Statement?
- Chapter 8 What Is Your Overhead Cost per Hour?
- Stage Two Implement Your Business Financial Review
- Chapter 9 What Do I Really Need to Do?
- Chapter 10 Financial Fruit Salad Is a Recipe for Disaster
- Chapter 11 Inventory Is a Bet
- Chapter 12 Growth Masks Unprofitability
- Stage Three Take Action Based on Your Financial Review
- Chapter 13 I Understand My Financial Statements-Now What?
- Chapter 14 You Can Delegate, but You Can't Abdicate
- Chapter 15 Watch Your Cash
- Chapter 16 Easy Planning and Budgeting
- Chapter 17 Conclusions.or Beginnings
- Acknowledgments
- About the Author
