This practical manual dispels the mystique of strategy and planning avoiding theory and academic jargon. It is based on the direct experiences of many organisations who have implemented the process and praised the results.
The Business Owner s Guide to Reading and Understanding Financial Statements
Financial statements hold the key to a company's fiscalhealth—so learn to read them! In order to gauge a company's health—as well as thecompetition's—managers must know how to properly read andunderstand financial statements. The Business Owner's Guide toReading and Understanding Financial Statements will introducemanagers and business owners to various types of financialstatements and explain why they are important. Serving as a desktopreference, especially for managers without a strong background infinance, this book will discuss the difference between internal andexternal financial statements and explain how they can be used forfinancial decision-making in order to avoid common missteps. Whether you're planning for major capital projects or simplymanaging the fiscal aspects of your department, this nontechnical,results-driven guide will arm you with the fundamentals to: Understand the budget process and why it is important Manage assets and track inventory Gauge profitability Monitor success throughout the year using internalreporting Set prices and make key cost decisions Financial statements are essential to determining a company'sfiscal health. Understand where your company stands so that you canmake informed decisions about its future.
Designed specifically to help business people and students read books, reports, trade journals and other sources of information quickly and efficiently, this text also enables the reader to spot solutions others may miss and provides practice examples drawn from business publications.
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