How Money Flows Through Your Business

Have you ever had a good month of sales BUT there's no cash? Don't know the difference between sales revenues and profits? Gross Profit and Net Profit? Or working capital and operating cash flow? If you are running a business... but don't have a finance background... find business finance over-whelming... or you are even frightened of your numbers... ...then this is invaluable, simple language, much-needed business reference tool. How Money Flow Through Your Business gives non-financial entrepreneurs and business owners an understanding of management accounts... in simple, friendly, plain language. Specifically: The Balance Sheet The Income Statement (Profit and Loss, P&L); and The Cash Flow Statement This book unpacks management accounts – simply – so that: You will understand the importance of management accounts and WHY they are so valuable to the sustainable success of your business. You will know WHY you can have a great month of sales... and no cash! You will better understand the advice that your accountant is giving you You will start to make much better strategic, and more relevant, timely and accurate financial decisions You will understand where you are making money... where you are LOSING money. You will know where to look to determine the value, the profitability and liquidity of your business... at any point in time... and why that is so important You will understand your numbers, what counts... and what doesn't You will see exactly how real business people applied this information in their business You will learn rapidly from real life case studies, the repetition of theory and simple language The biggest value is you will KNOW EXACTLY where your money goes... which puts you back in CONTROL of your business. The consistent feedback is: Why didn't my accountant tell me this? And: I wish I new this years ago The biggest value is you will understand EXACTLY where the money goes inside your business. What Others Are Saying About How Money Flows "I do not know how anyone can run and grow a sustainable business without this information." "This book is incredible. It presents everything in small, easy to read, bite-size chunks. It will shock you just how quickly you will understand your business finances." "The How Money Flows workshop was incredible. I cannot believe that I totally understood everything I need to to know about management accounts in 90 minutes." "How Money Flows is an invaluable resource. This book SAVED me a LOT of wasted time and money." "I have a degree in finance. I learned more from this book – and the 90 minute workshop – than a five year degree. I didn't learn anything new... but they book connected the dots from a savvy entrepreneurs perspective." "Just thinking about management accounts made me lose the will to live. I was stunned that I understood management accounts in 90 minutes... and suddenly was on fire to generate monthly management accounts. I went from having my head buried into the sand... to a raving fan of financial data. My business runs very differently now." "If you just read ONE book on business finance... this is it!" Balance Sheet; Income Statement; Profit and Loss Statement; P&L; Cash Flow Statement, management accounts; management accounting; equity; fixed capital; working capital; gross profit; gross profit margin; net profit; net income; Cost of Goods Sold; Cost of Doing Business; overheads; assets and liabilities; taxation; operating cash flow; net operating cash flow; opening balance sheet; closing balance sheet; growing a business; stagnating revenues; revenue targets; voluntary liquidation;