The Financial Troubleshooter [Paperback]

Joel G. Siegel (Author), Jae K. Shim (Author), David Minars (Author)

Book Description

Publication Date: February 1, 1993

In today's turbulent business climate, the failure to quickly spot and solve financial problems can trigger fiscal crisis and doom even the healthiest company. This work shows nonfinancial and financial managers alike how to swiftly pinpoint, resolve and prevent the financial problems most likely to erode profitability and disrupt operations. Covering every facet of the daily management of a business' finances, 13 chapters provide an action-oriented approach to resolving virtually any problem having financial implications. By following six simple steps readers will learn to identify even the most challenging financial problem, analyze its causes, measure it, repair it and prevent it from reoccurring. Moreover, they will discover how to: pinpoint the source of cash flow difficulties and take immediate corrective action; trim the "fat" from a bloated organization with workable cost and inventory reduction programmes; adopt business financing strategies that minimize credit problems; establish optimum pricing policies to improve sales; reduce high employee costs associated with pension plans and health care; and avoid spillover effects that result from the problems at hand.

Editorial Reviews

About the Author

Dr. Jae K. Shim is Professor of Finance and Accounting at California State University, Long Beach and President of Delta Consulting Company, a financial consulting and training firm. Professor Shim received is M.B.A. and Ph.D. degrees from the University of California at Berkeley (Haas School of Business). He has been a consultant to commercial and nonprofit organizations for over 30 years. Dr. Shim has over 50 college and professional books to his credit, and has been quoted by such media as Personal Finance, Los Angeles Times, Orange County Register, Business Start-ups, and Money Radio. Dr. Shim has also published numerous articles in professional and academic journals. He was the recipient of the Credit Research Foundation Award for his article on cash flow forecasting. --This text refers to the Hardcover edition.

Product Details

• Paperback: 228 pages
• Publisher: Mcgraw-Hill (February 1, 1993)
• Language: English
• ISBN-10: 0070576041
• ISBN-13: 978-0070576049
• Product Dimensions: 8 x 5 x 2.1 inches
• Shipping Weight: 6.4 ounces
• Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #4,529,618 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

1 of 1 people found the following review helpful:

5.0 out of 5 stars Solution to the main financial problems facing businesess, August 9, 2004

By 

Glen Brown (Jamaica) - See all my reviews

This review is from: The Financial Troubleshooter (Paperback)

This book is more than a problem solver.
The information in this book help me to convert my business from a loss maker to a profit generator

Glen Brown

5.0 out of 5 stars A Manager's Must Have Resource, July 13, 2008

By 

Gina L. Gwozdz, CPA "Gina L. Gwozdz, CPA" (Amarillo, Texas) - See all my reviews

This book is organized to perfection. If you are having a problem in any area of your business - inventory, accounts receivable, accounts payable, etc. you can flip right to that area and find common problems, typical causes of the problem, how to repair it and how to prevent the problem from happening again.

If your company is suffering from lower cash flow, picking up this book may help you figure out why and how to correct it.

If you're a financial adviser this book should be on your shelf.