Synopsis
A practical manual for small business owners like you, who need to know what is happening in your business so you can make better decisions and get better results. It covers common issues and how to fix them, decision-making, how the parts of your business interact, the importance of the Working Capital Cycle (juggling stock, people who owe you, cashflow, and people you owe), and so much more. There are useful tips, pitfalls to avoid and case studies about real small businesses.
It helps make sense of the numbers, prioritise the ones you need to know, and shows you how to spot early when things go wrong quickly and fix them.
Use it to dip into whenever you need to check something but do look at A List of Common Issues and How to Fix Them. It points you to how to check that you are making enough money, that your customers are profitable, that you won't run out of money and many more issues. Also read the Decisions section as this is about how you think about your business, rather than what you think, which help you make fewer mistakes and improve faster.
You don't need to be an accountant to grasp these basics, and you don't have to do it all yourself. This book guides you through the important things to help you stay on top of your business.
"Wow. It took me years of study to learn the invaluable lessons that this brilliant little book demystifies in minutes." Steve Pipe FCA Former UK Entrepreneur of the Year
"This is the book that I wished someone had given me years ago! Management is about choices, and ultimately all of those choices are based upon what we find in the financial reports of the firm. Getting these right, and relying upon them in key decision-making sessions is an absolute imperative for successful leadership. This book tells you how to do this!"
Bill Fischer, Senior Lecturer, Sloan School of Management, MIT; and Professor Emeritus of Innovation Management, IMD, Lausanne, Switzerland.
"synopsis" may belong to another edition of this title.
About the Author
Nick Hixson is a chartered and certified accountant in practice and has been working with small and medium-sized businesses for over 40 years. He specialises in strategy, leadership and management for SMEs, helping them grow and be the best that they can be. He is also an Associate of the Peter Drucker Society Europe, edits the Global Peter Drucker Forum blog, and is (2022) Chairman of the Advisory Board of the World Institute for Action Learning. He blogs on how SME business owners can think differently about their businesses and themselves to improve them both.
"About this title" may belong to another edition of this title.
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Paperback. Condition: new. Paperback. I've worked with around one thousand small businesses over the last 40 years. I've seen a lot of owners make the same mistakes time and again because they struggle to understand the story of their business in numbers. Mistakes that have cost them time and money and a good deal of worry. I don't want this to happen to you. So, I decided to write this book to help you understand your numbers and what you can do to make your business and your life better. "Wow. It took me years of study to learn the invaluable lessons that this brilliant little book demystifies in minutes." Steve Pipe FCA - Former UK Entrepreneur of the Year "This is the book that I wished someone had given me years ago! Management is about choices, and ultimately all of those choices are based upon what we find in the financial reports of the firm. Getting these right, and relying upon them in key decision-making sessions is an absolute imperative for successful leadership. This book tells you how to do this!" Bill Fischer, Senior Lecturer, Sloan School of Management, MIT; and Professor Emeritus of Innovation Management, IMD, Lausanne, Switzerland. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Seller Inventory # 9798894988641
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