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Book Summary
Anyone involved with starting or managing a business should be financially
literate. The most common cause of business failure is poor financial control
stemming from ignorance of the basics of business finance.
Practical Financial Management
is intended to help those who find business finance confusing. Now in its
seventh edition, it continues to provide advice on proper financial planning and
control, and reinforces essential points through the use of questions within
each section. It covers:
• Balance sheets • Profit and loss accounts • Cash and funds flow •
Control of working capital and fixed assets • Costs, pricing and profit
decisions • Budgeting and bookkeeping • Improving
Anyone involved with starting or managing a business should be financially
literate. The most common cause of business failure is poor financial control
stemming from ignorance of the basics of business finance.
Practical Financial Management
is intended to help those who find business finance confusing. Now in its
seventh edition, it continues to provide advice on proper financial planning and
control, and reinforces essential points through the use of questions within
each section. It covers:
• Balance sheets • Profit and loss accounts • Cash and funds flow •
Control of working capital and fixed assets • Costs, pricing and profit
decisions • Budgeting and bookkeeping • Improving