Small Business Financial Management: How to organise and manage the finances in your small business

Small Business Financial Management: How to organise and manage the finances in your small business by Houston CA CTA, Mr Ivan. Paperback edition. ISBN: 9781693294778.

If you run your own business and youre struggling to get to grips with the finances, this book has been written with you in mind. Most small business owners have no formal training in financial management, so Ivan, a Chartered Accountant and co-owner of a highly successful accountancy firm, sets out to explain the basics in a simple, readable style. This book starts with a review of the most important financial routines most small businesses should have in place, covering sales, purchases, payroll, banking, asset management, and other critical activities. In the second part, readers are shown how to understand a profit & loss account, balance sheet and cash flow statement. In part three, more advanced topics discussed include budgeting and forecasting; cash flow management; working capital management; ratio analysis; and other important financial management tools and techniques. The final part of the book looks at some of the biggest financial decisions a small business owner might need to make: what legal structure to use; whether to register for VAT; employing staff; buying business premises; managing business taxes; choosing an accountant; and more. An indispensable guide and reference work for small business owners who really want to get to grips with the finances.