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Business finance : a pictorial guide for managers /
Using the successful pictorial style, which made 'The Marketing Plan' and 'Selling Services and Products' so original, Paul Burns and Peter Morris have now developed a humorous and easy-to-understand guide to the world of business finance. Follow the adventures of small-time entr...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Oxford :
Butterworth-Heinemann,
1994.
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| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Front Cover; Business Finance: A pictorial guide for managers; Copyright Page; Foreword; Table of Contents; Chapter 1. How Money Works in Business; Where does the money in the business come from?; Creditors and Debtors; Summary; Chapter 2. Profit and Loss and Balance Sheet; WHAT A PROFIT AND LOSS STATEMENT CAN'T TELL YOU; HOW DEBTORS AFFECT THE COMPANY'S ACCOUNTS; HOW CREDITORS AFFECT THE COMPANY'S ACCOUNTS; Summary; Chapter 3. Controlling Cash Flow; Summary; Chapter 4. Forecasting Performance; A SWOT Analysis will give you valuable information which you can use in your Growth Forecasts.
- Chapter 6. Planning for SuccessTo understand your business and plan for success, you must know what your business decisions will cost. Costing is an essential ingredient of business planning; A businesss decisions on prices, volume and cost are the crucial elements in planning for success; In any kind of business activity there are two kinds of costs
- fixed and variable; It is vital to know the levels of fixed and variable costs when calculating the breakeven point; The breakeven point is the benchmark against which the profitability of the company is measured.
- How costs affect breakeven pointThe Profit-volume chart; The contribution is the basis for two important calculations; Keep your breakeven point as low as possible and your contribution margin as high as possible; The higher the safety margin, the lower the risk to the business; Minimise your breakeven point. Maximise your margin of safety; Keep your fixed costs as low as possible. Maximise your contribution margin and keep your breakeven point low; So Fine Furnitures figures at the end of the year looked like this:; Summary; Chapter 7. Getting away from it all.