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Winning Business: How to Use Financial Analysis and Benchmarks to Outscore Your Competition
 
 
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Winning Business: How to Use Financial Analysis and Benchmarks to Outscore Your Competition [Paperback]

RICH GILDERSLEEVE (Author)
5.0 out of 5 stars  See all reviews (1 customer review)


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Book Description

0884158985 978-0884158981 September 23, 1999
Today's business environment is a competition, and business managers need the right game plan if they want to win. Successful businesses do a lot of the same things well. They track inventories, expenses, growth, break-even units, margins, employee turnover, compensation plans, return on training, sales, earnings per employee, and a host of other statistics. But to win in business, managers need to do more than track these benchmarks. They need to improve results.

Winning Business provides the benchmarks business managers should track. It shows managers how to calculate each benchmark, AND presents ways to improve their results. In short, this book provides a company with a blueprint for success. Each benchmark produces a value that managers can track over time to monitor the impact on their operations. To help managers evaluate their performance, it provides industry-wide benchmarks that list the results retailers, manufacturers, and even publishers should target.

Winning Business provides benchmarks for:

Managerial accounting
Sales and marketing
Employee benefits
Financial performance
Market indicators
Inventory analysis
Many others
Included FREE is a full, multimedia version of Winning Business. The CD-ROM includes Winning Business MultiMedia in Adobe pdf (Portable Document Format) file format for Win 95/98/NT 3.51 or above, Mac System 7.5 or higher, UNIX, and other platforms. You'll get all 257 tips from the book complete with their workable equations.

BONUS for Windows 95, 98, NT 3.51 or above users: Financial Analysis Calculator, Version 1.1.0. With this free program, you can enter your company's financial statement information and watch as the program automatically performs all of the ratio calculations for you. In an instant, you can have a vast array of critical performance characteristics mapped out for you.

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About the Author

Rich Gildersleeve, a registered professional mechanical engineer in California, is the director of engineering at Smith and Nephew, Inc., Donjoy Division in California. In 1997, he earned his MBA from San Diego State University. He also has a master's degree in mechanical engineering, which he earned while concurrently working as an engineer for General Dynamics Corporation. He holds nine U.S. patents and has authored various technical articles.

Product Details

  • Paperback: 330 pages
  • Publisher: Gulf Professional Publishing (September 23, 1999)
  • Language: English
  • ISBN-10: 0884158985
  • ISBN-13: 978-0884158981
  • Product Dimensions: 10.9 x 8.4 x 0.9 inches
  • Shipping Weight: 2.2 pounds
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #2,325,364 in Books (See Top 100 in Books)

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15 of 16 people found the following review helpful:
5.0 out of 5 stars Versatile Reference Tool for both Home and Work, February 22, 2000
This review is from: Winning Business: How to Use Financial Analysis and Benchmarks to Outscore Your Competition (Paperback)
Both in my personal and professional dealings with financial analysis, Winning Business has proven to be an extremely valuable resource. From a personal standpoint, the detailed yet clear explanations of the indicators and ratios have elevated my understanding of financial statements. In evaluating potential investments, Winning Business has increased my comfort level in performing fundamental analysis and comparing various companies.

From a professional standpoint, my company has utilized several of the performance and benchmarking indicators detailed within this book as measures to track key value drivers. The indicators have given us quantifiable targets to shoot for internally as well as providing a means to see how we measure up to our competition. Winning Business has proven to be an extremely valuable reference tool I keep both on my bookshelf at home and at work. I have a hard time remembering the formulas and significance of many of the ratios; it is helpful to have a source where they are both easy to find and understand.

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Inside This Book (learn more)
First Sentence:
This chapter describes commonly used methods of analyzing financial statements. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
nondirect employees, trending ratios, items with lifetimes, repurchasing outstanding stock, cash into products, enhanced future returns, making commensurate changes, reduced sales levels, true fat exists, indicate healthy companies, equity owner returns, inventory usage rates, pretax profit ratio, nonoperational income, net income applicable, individual intangible assets, low initial investment requirements, material purchase quantities, stock investment analysis, additional trade credit, direct labor tasks, fixed asset replacement cost, labor content per unit, larger future sales, less mature companies
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Bed Bath, Cypress Semiconductor, Finance Morgan-Stanley Dean Witter, Franklin Resources, Market Facts, Retail Wal-Mart Stores, Sector Mid, Service Manpower, Technology Microsoft, Water Technologies, Garden Fresh Restaurant, Jmar Technologies, Healthcare Columbia, National Home Health Care, Thomas Nelson, Applebee's Int'l, Equation Fixed, Example Fixed, Applebee's Intl, Equation Working, Example Operations, Sales Manufacturing General Motors, Sales Micro, Sales Small, Equation Operations
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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