Customer Reviews

Financial Management 101: Get a Grip on Your Business Numbers

5 star:		(5)
4 star:		(2)
3 star:		(0)
2 star:		(0)
1 star:		(0)

 

 

An excellent book from the new Numbers 101 series (see Bookkeepers' Boot Camp). The author shows you how to get the most profit from a small business as you possibly can by using simple financial management techniques -- something like what a person who has a degree in finance or business would know and use. But it's all spelled out in easy steps. It's sort of like hiring an MBA consultant for your small business, but for a lot less money!

Financial Management 101: Get A Grip On Your Business Numbers by business columnist Angie Mohr (who is also a Chartered Accountant and a Certified Management Accountant) is an thoroughly "reader friendly" guidebook designed specifically for small business owners and managers, and which methodically teaches the reader all of the basics about balance sheets, income statements, monthly budget reports, ratio analysis, dealing with inventory problems, dealing with debt, and more. Financial Management 101 is an absolute "must-read" for any business owner new to the complexities of finance and needing to competently analyze financial data, measure business success, and have an accurate and on-going comprehension of their fiscal bottom line.

Financial Management 101 is a must read for small business owners or those wanting to be. Angie Mohr really breaks down financial management into digestible bites.

This is a fantastic book - so much cheaper than spending the money for an accountant to explain all to you. The book is easy to read and understand even for a dummy like me just setting up a business. Just like her other book ("Bookkeeper's Boot Camp"), the case studies keep the information from being too dry and helps explain in layman's terms what each chapter is teaching. More books in this series please !!!

I was looking for a introductory book on assessing my small business and found this book simple to read, easy to use and the tone was appropriate. I recommend this book particularly to female business owners.

So apparently, living out of the Till is a BAD idea! Who knew. It may be a buzz kill to learn that you have less money than you think you do, but then again, no one ever went bankrupt because they DIDN'T buy that new boat. Great book. Great information!

The Financial Management 101 book has been a good book of reference. When I need to be sure of what should be debited or credited, I used this book for reference. It also helps me to keep good business sense in perspective and in its rightful place. I also have the bookkeeping resource book as well.