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 revenue and profit? 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 overwhelming... or are even frightened of your numbers... ...then this is a simple, practical, 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) • The Cash Flow Statement This book explains management accounts simply so that: • You understand why management accounts are critical to the sustainable success of your business • You know why you can have a great month of sales... and no cash • You better understand the advice your accountant is giving you • You make more relevant, timely and accurate financial decisions • You understand where you are making money — and where you are losing it • You know how to determine the value, profitability and liquidity of your business • You understand your numbers — what counts and what doesn't • You see how real business owners apply this information The biggest value is that you will know exactly where your money goes — which puts you back in control of 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 presents everything in small, easy-to-read, bite-size chunks." "I cannot believe I understood management accounts in 90 minutes." "This book saved me a lot of wasted time and money." "If you read only ONE book on business finance — this is it."