Business is a cutthroat environment. Even with an excellent idea or brilliant marketing plan, there is no guarantee of success. Besides having innovative ideas and the willpower to succeed, you need sound management and business skills and you need to know how to apply best business practices, whether you are an entrepreneur or professional manager.

A business is fundamentally a cash-oriented process. This means that its ideas, image or products, no matter how remarkable, are still not as important as the ability to earn an income to stay afloat and have a reliable and accessible cash flow.

A manager must be able to keep track of all income, expenses, assets the business owns and the cash flow. Poor fiscal management and inadequate accounting practices produce weak or incorrect information, preventing management from making well informed decisions or adapting adequately to changes in the environment.

Basic Financial Management was written to answer the question: What does ANY manager or entrepreneur need to know to guarantee sound financial management?

This updated third edition includes:

- basic financial management and statistical analysis principles and skills, discussed in an understandable and logical way, so that you can easily apply them to your specific profession

- guidelines for managing the finances of any enterprise or institution, including governmental institutions and NPOs/NGOs

- relevant examples and exercises, which will give you the confidence to apply the principles and practices in real-life situations.

What you will - find in this book:

- An overview of the basic concepts of - finance and what - financial management means

- A logical introduction to the use of the accounting double entry principle

- Explanations of accounting formulas and statements demonstrated using practical examples

- Exercises that clarify how everything -fits together

- An investigation into the capital requirements of an enterprise and various ways of - financing theserequirements

- Diagrams and graphs that illustrate the concept of - financial break-even analysis

- Explanations of different types of business budgets

- How to manage credit and stock/inventory

- A detailed discussion on the increasingly important subject of business statistics

- Important concepts and definitions are highlighted

- Many practical examples and self-evaluation exercises.

"About this title" may belong to another edition of this title.

Store Description

Save up to 90% on your favorite items at BargainBookStores.com! Our 20,000 square foot warehouse in Grand Rapids, Michigan is filled with hundreds of thousands of books and consumer goods, all at the lowest prices! We've been serving internet customers with great deals since 2001. All books ship from Grand Rapids, Michigan. 100% Customer Satisfaction Guaranteed We want to ensure your satisfaction. If you are dissatisfied with your purchase or shopping experience, we would like to hear from you. Please contact us by email: cs@bargainbookstores.com. Please be sure to include your contact information and order number. We do not charge a restocking fee for returns. Your Privacy BargainBookStores.com does not provide, sell or market customer information to other businesses or organizations.

Visit Seller's Storefront

Seller's business information

BargainBookStores
3423 Lousma Dr SE, Grand Rapids, MI, 49548, U.S.A.

Sale & Shipping Terms

Terms of Sale

BargainBookStores guarantees 100% Customer Satisfaction. We ship worldwide and offer a variety of shipping methods to meet your needs. Please place your order directly via ABEBooks.com. We accept payment by MasterCard and Visa. For more information, contact us by email at cs@bargainbookstores.com. Full contact info is below:

BargainBookStores.com LLC
3423 Lousma Dr SE
Grand Rapids, MI 49548

Shipping Terms

We will ship to all domestic and most international destinations.

Please note: Shipping times are estimated and are not guaranteed by BargainBookStores.

Shipping rates within U.S.A.

Shipping rates within U.S.A.
Order quantity	4 to 10 business days	4 to 9 business days
First item	US$ 0.00	US$ 39.50

Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.