How to Understand Business Finance Understand the Business Cycle; Manage Your Assets; Measure Business Performance

Name: How to Understand Business Finance Understand the Business Cycle; Manage Your Assets; Measure Business Performance
Availability: OutOfStock
ISBN: 9780749460419

ISBN-10: 0749460415

ISBN-13: 9780749460419

Edition: 2nd 2010

Authors: Robert Cinnamon, Brian Helweg-Larsen

List price: $14.95

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Description:

Starting with how to understand the balance sheet and profit and loss accounting, this guide also covers market dynamics, budgeting and forecasting, fixed and variable costs, break-even analysis, and more.

Book details

List price: $14.95
Edition: 2nd
Copyright year: 2010
Publisher: Kogan Page, Limited
Publication date: 5/1/2010
Binding: Paperback
Pages: 176
Size: 5.50" wide x 8.50" long x 0.50" tall
Weight: 0.594
Language: English

Robert Cinnamon is a director of the international training and consultancy firm, INSIGHT Marketing and People. He runs a popular master class and in-company training program Demystifying Financial Management.

Brian Helweg-Larsen is a global educator and director of Profitability Business Solutions.



Acknowledgements


Introduction



So why do you want to know more about finance?


Learning


A tale of two languages



The business cycle


Setting up a company


The Moving Balance Sheet


Creating value


Cash and profit


Setting up and running the business - the opening month


Profit and loss (P&ampL) account


The balance sheet


Month 2 business cycle


Going to the bank


Doing the books



Where do all the business functions fit in?


Sales


Marketing


Manufacturing


Supply chain management


Human resources


IT, maintenance and engineering


Research and development


Finance



Financial planning - the budgets


Budgeting


Cash flow forecast


Avoiding bankruptcy: how to generate cash



Measuring business performance - financial ratios


Size


P&L account (income statement) analysis


Balance sheet analysis



Getting finance from the bank


Introduction


Your relationship with the bank


Purpose of bank finance


Is your request viable?


Categories of finance


Securing your bank finance


Costs of borrowing


Sources of help and support


When should you apply for bank, finance?


Maintaining the dialogue


Refinancing


Summary



How our investors see us - stock market ratios


What accounts do our investors want to see?


Shares



Valuing a company


Asset value


Multipliers


Market capitalisation


Balanced Scorecard


Cash flows



Shareholder value and economic profit


Earnings before interest, tax, depreciation and amortisation (EBITDA)


Economic profit


Total shareholder return (TSR)



The hidden costs - depreciation, amortisation and tax


Depreciation


Goodwill


Intangible assets


Capitalising costs


Taxation



What must we sell to make a profit?


Variable costs


Fixed costs


Break-even point



Tools for evaluating projects


Payback


Discounted cash flow (DCF)


Net present value (NPV)


Internal rate of return (IRR)


Terminal values


Economic profit


Pitfalls


Other factors



Where is all our cash? Managing working capital


Stock (inventories)


Debtors


Creditors


Write-offs


Cash flow implications of working capital


Glossary of financial terms