Accounting for the Numberphobic: A Survival Guide for Small Business Owners from AMACOM
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Why do so many company owner fear looking at the numbers? They make excuses ... They do not have time ... That's just what the accountant is for ... But the basic truth is that no person else will ever before be as bought their company as they are-- as well as they have to take control. As a small-business owner, monetary statements are your essential tools-- as well as if you do not know the best ways to review them as well as recognize their effects, you could not potentially guide your company efficiently. "Accounting for the Numberphobic" demystifies your company's monetary dashboard: the Net Income Statement, Cash Flow Statement, as well as Balance Sheet. The publication explains in simple English exactly how each dimension mirrors the general health of your company-- as well as effects your choices. You will uncover: How your Net Income Statement is the vital to expanding your profits - How to recognize the break-even point that implies your company is self-sufficient - Real-world guidance on gauging as well as raising capital - What the Balance Sheet exposes regarding your company's well worth - And even more Illustrated with instance studies as well as packed with functional activity steps, this essential quick guide will place your company on the path to profits in no time at all.