Note: Not guaranteed to come with supplemental materials (access cards, study guides, lab manuals, CDs, etc.)
Extend Your Rental at Any Time
Need to keep your rental past your due date? At any time before your due date you can extend or purchase your rental through your account.
Sorry, this item is currently unavailable.
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 Financeis not written by an accountant and actually relates to running a business in a real market. It describes a business as it proceeds from initial set-up through its first year of trading, providing a quick course on business finance as it relates to business growth. As well as learning how to understand the balance sheet and profit and loss account, readers will also grasp the principles of: 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.
Robert Cinnamon is a director of the international training and consultancy firm, INSIGHT Marketing and People. He runs a popular master class and in-company training program Demystifying Financial Management.
Brian Helweg-Larsen is a global educator and director of Profitability Business Solutions.
Table of Contents
So why do you want to know more about finance?
A tale of two languages
The business cycle
Setting up a company
The Moving Balance Sheet
Cash and profit
Setting up and running the business - the opening month
Profit and loss (P&L) account
The balance sheet
Month 2 business cycle
Going to the bank
Doing the books
Where do all the business functions fit in?
Supply chain management
IT, maintenance and engineering
Research and development
Financial planning - the budgets
Cash flow forecast
Avoiding bankruptcy: how to generate cash
Measuring business performance - financial ratios
P&L account (income statement) analysis
Balance sheet analysis
Getting finance from the bank
Your relationship with the bank
Purpose of bank finance
Is your request viable?
Categories of finance
Securing your bank finance
Costs of borrowing
Sources of help and support
When should you apply for bank, finance?
Maintaining the dialogue
How our investors see us - stock market ratios
What accounts do our investors want to see?
Valuing a company
Shareholder value and economic profit
Earnings before interest, tax, depreciation and amortisation (EBITDA)
Total shareholder return (TSR)
The hidden costs - depreciation, amortisation and tax
What must we sell to make a profit?
Tools for evaluating projects
Discounted cash flow (DCF)
Net present value (NPV)
Internal rate of return (IRR)
Where is all our cash? Managing working capital
Cash flow implications of working capital
Glossary of financial terms
Table of Contents provided by Ingram. All Rights Reserved.