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A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
How To Understand Business Finance
How To Understand Business Finance
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How to Understand Business Finance is part of the bestselling Creating Success series published in association with the Sunday Times, which has been translated into 25 languages with over 500,000 copies sold. This book is written for those managing a business in a real market. It provides a quick and effective course in financial literacy, aimed at the pursuit of business growth, in the context of the journey of a business from initial set-up through its first year of trading.
As well as learning how to understand balance sheets and profit and loss accounts, readers will also learn 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.
How to Understand Business Finance helps you to understand double entry bookkeeping, supply chain management, the differences in American and British accounting terminology, financial ratios for measuring business performance, common acronyms, and the real cash flow implications of working capital.
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A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
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One Line Summary
Essential financial guide for non-financial managers.
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Who is this book for?
If you're new to managing a business or looking to sharpen your financial skills, this book could be a real game-changer. Its practical approach makes complex concepts like balance sheets, cash flow, and market dynamics approachable and relevant, especially if you're aiming for growth. Many readers find it a straightforward way to gain confidence in financial decisions and understand the numbers behind business success.