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Bookkeepers' Bootcamp: Get a Grip on Accounting Basics (101 for Small Business) - Softcover

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9781770400443: Bookkeepers' Bootcamp: Get a Grip on Accounting Basics (101 for Small Business)

Synopsis

"Bookkeeping can absolutely be the difference between bankruptcy and success,"” says Angie Mohr. "You can't know how your business is doing until you record it."

Bookkeepers’ Boot Camp is the first book in the Numbers 101 for Small Business series. It shows small business owners the essentials of record keeping, and why it's crucial to a business’s success to track financial data. The book gives business owners a greater understanding of the purpose and process of record keeping and a deeper understanding of their businesses.

Mohr has helped hundreds of small business owners who didn't understand the importance of record keeping and always put it off until "later." These business owners were almost literally buried under a pile of papers, overwhelmed by the immensity of the task at hand. Mohr shows business owners how to sort through the masses of information and paperwork, record what is important, and how to use that information to grow a business for success!

Eighty percent of all small businesses started this year will be gone in 5 years. As Mohr says, starting a small business can be "like driving a car in a foreign country where you don't know what the road signs are telling you."

Numbers 101 for Small Business is a new series of easy-to-understand guides for small business owners, covering such topics as bookkeeping, analyzing and tracking financial information, starting a business, growing a business, and exiting a business. Using real life examples, Mohr teaches small business owners how to beat the odds and turn their ideas into successful, growing companies.

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From the Publisher

Mohr believes strongly in planning the entrepreneur's business and personal life holistically. Her approach helps business owners to understand their business better and to run personally satisfying lives and immensely lucrative businesses.

From the Back Cover

Bookkeepers’ Boot Camp is the first book in the Numbers 101 series. It will show you the essentials of record keeping for a small business and why it's necessary to track information. The book will give you a greater understanding of the purpose and process of record keeping and a deeper understanding of your business and how it works.

This book teaches you how to sort through the masses of information and paperwork, how to record what is important for your business, and how to use that information to grow your business for success!

This book includes a self-test to help you understand and reinforce what you have learned. The following topics are discussed in this book:

- Managing the paper flow - Understanding the balance sheet: defining what your business owns and what it owes - Learning the basics regarding the income statement and cash flow statement - Recording the sales cycle - Learning how to account for inventory - Monitoring your budget and cash flow to ensure that future cash requirements will be met - Understanding the transactions between the company and its owners: loans, bonuses, dividends, payments made personally, and company payments of personal bills

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  • PublisherUNKNO
  • Publication date2010
  • ISBN 10 1770400443
  • ISBN 13 9781770400443
  • BindingPaperback
  • Edition number2
  • Number of pages204
  • Rating
    • 3.39 out of 5 stars
      49 ratings by Goodreads

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9781770402522: Bookkeepers' Boot Camp: Get a Grip on Accounting Basics (101 for Small Business Series)

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