"Finally, a book that provides invaluable hands-on financial and accounting concepts for use by the thousands of frontline business owners and managers battling for survival each and every day. While 'Wall Street' gets the headlines, 'Main Street' gets the job done."-Robert Svet, CEO, President, & Founder, The Eastridge Group of Staffing Companies"In today's competitive business environment, decisions must be made in a quick, reliable, and confident manner. This book provides CEOs, business owners, and managers clear, concise, and easy-to-understand business financial management concepts to make these types of value-added business decisions."-John Atencio, President & Founder, John Atencio JewelryHow to Manage Profit and Cash Flow provides streetwise advice and practical strategies for business managers and other professionals who need to make critical business decisions. From methods for analyzing past and future profit and cash flow information to differences between massaging the numbers and cooking the books, short, to-the-point chapters that are visually appealing will help you see through opaque accounting terminology and allow you to gain a firm grip on how to manage profit and cash flow in your business.Through three comprehensive sections: "Birthing a Business," "Building a Business," and "Selling or Burying a Business," as well as an Accounting and Financial Glossary, How to Manage Profit and Cash Flow discusses key issues, including:* Investing in assets* Preventing fraud* Handling taxes* Raising capital* Finding cash for growth* Terminating a business
Author(s): John A., CPA Tracy, Tage Tracy
Edition: 1
Year: 2004
Language: English
Pages: 234
HOW TO MANAGE PROFIT AND CASH FLOW MINING THE NUMBERS FOR GOLD......Page 3
CONTENTS......Page 5
PREFACE......Page 7
PART ONE Birthing a Business......Page 9
1 Making Profit: Getting to a Good Bottom Line......Page 11
2 Wringing Cash Flow from Profit: It Ain’t Over Until You See the Money......Page 23
3 Investing in Assets: It Takes Money to Make Money......Page 39
4 Raising Capital: The Ultimate Sale......Page 55
PART TWO Building a Business......Page 77
5 Getting a Grip on Profit—Instead of Operating by the Seat of Your Pants......Page 79
6 Safeguarding and Improving Profit: The Profit Power of Price Versus Volume......Page 95
7 Growing Pains: Finding Enough Cash for Growth......Page 111
8 Taxes and More Taxes: If It Can Be Taxed, It Is Taxed......Page 127
9 Preventing Fraud against Business: Controls for Combating Fraud Attacks......Page 145
10 Managing Your Profit Accounting: You Might Massage the Numbers, but Don’t Cook the Books......Page 165
PART THREE Selling or Burying a Business......Page 187
11 Business Valuation: The Endgame......Page 189
12 Terminating a Business: When the Dog No Longer Hunts......Page 205
Accounting and Financial Glossary......Page 223
Index......Page 237
