Description
Refreshingly short on math but long on practical guidance, Smart Financial Management helps owners and managers of small businesses solve everyday financial dilemmas and avoid potential problems. Readers will learn valuable and practical financial analysis techniques, as well as how to project future financial needs and possible sources of funding; manage receivables, inventory and equipment investments; and how to structure and develop the business soundly and legally. In addition, they’ll: Gain an understanding of the financial challenges; unique to a growing enterprise – and how to meet them; Learn how to manage company assets while avoiding common pitfalls; Improve communications with financial and legal advisors; Learn to identify new sources of equity and non-equity capital; With an accessible and field-focused methodology and user-friendly tools, Smart Financial Management will help any small business manage its requirements more effectively.




