
The Entrepreneur's Guide to Financial Statements
Description
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Easy to read and full of engaging stories, this book teaches the basics of true financial management-re-made just for small businesses. It's perfect for entrepreneurs who want to get more from their accounting without getting stuck in the details. The author examines each of the three major financial statements and explains both how and why business owners should utilize these powerful tools to create a more stable, more profitable business. Whether one's business has one employee or 100, the small business owner will gain a deeper understanding of why finance is so critical to survival and growth. Written by an experienced CFO and entrepreneur, The Entrepreneur's Guide to Financial Statements uses illustrations, real-life stories, and crystal-clear writing to show business owners the importance of "the numbers" and the critical nature of finance to the survival, profitability, and growth of their small businesses.
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Person
Content
Preface
Acknowledgments
PART 1 THE INCOME STATEMENT
1. Income Statement Basics
2. Revenue
3. Expenses and Profits
4. Making a P&L Work for You
PART 2 THE BALANCE SHEET
5. Balance Sheet Basics
6. How a P&L and a Balance Sheet Work Together
7. Games People Play by Manipulating the Balance Sheet and P&L
8. Equity and Capitalization
PART 3 THE CASH FLOW STATEMENT
9. Cash Flow Statement Basics
10. The Cash Cycle
PART 4 RATIOS AND ANALYSIS
11. Answering Questions Using Trends and Ratios
12. Analysis in Action
13. How Bankers and Investors Evaluate a Business
PART 5 MANAGING BY THE NUMBERS
14. Dashboards
15. Models, Forecasts, and Budgets
Afterword
Appendix 1: Calculating Dell Computer's Cash Cycle (Case Study)
Appendix 2: Other Resources
Appendix 3: Debits and Credits
Appendix 4: State of Nevada Corporate Filing Fees
Appendix 5: Glossary of Accounting Terms
Bibliography
Index
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