Simple Numbers, Straight Talk, Big Profits!
by Crabtree, Greg; Harzog, Beverly BlairFormat: Hardcover
Pub. Date: 2011-08-01
Publisher(s): Ecampus Direct
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Summary
Based on the premise that accountants often make finance unnecessarily confusing, this no-frills guide will help small business owners see beyond the numbers and translate financial statements into tangible business success. The author shows the reader how to use key financial indicators as a basis for smart business decisions, with a focus on companies in the range between start-up and $5 million in revenue. In a humorous and conversational tone, Crabtree explains how even the most harried business owners can use financial metrics to improve their bottom line. The author's down-to-earth discussion includes many insights: Most business owners are probably not paying themselves enough; Paying taxes can be a positive in accounting; A company-wide salary cap can help immensely with personnel decisions. Additionally, the numerous examples help readers see for themselves how following the author's advice will have a direct impact on their profits.
Table of Contents
| Foreword | p. vii |
| Introduction | p. 1 |
| The Four Keys | |
| Owner's Salary: Why Your Salary and Distributions Are Fogging Your View of Net Income | p. 5 |
| Profit: Why 10 Percent Is the New Breakeven | p. 19 |
| Labor Productivity: Your Key to Surviving the Black Hole | p. 35 |
| Business Physics: The Four Forces of Cash Flow | p. 51 |
| Building on the Foundation | |
| Taming the Tax Monster Under Your Bed: Tax Management That Works | p. 69 |
| How to Maximize Your Labor Productivity | p. 81 |
| The Three Sources of Capital: How to Get Money and Effort to Play Nicely | p. 97 |
| Reporting Rhythms: The Right Data at the Right Time | p. 111 |
| Economic Value: How to Know What Your Business Is Worth to You | p. 129 |
| Skip the Budget, Learn to Forecast | p. 159 |
| Summary: The Fourteen-Year Overnight Success | p. 175 |
| About the Authors | p. 179 |
| Table of Contents provided by Ingram. All Rights Reserved. |
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